US Oil Output May Drop by 2 Mln bpd as Trump Mulls Shutting Down...
Oil prices shot up by over 20 percent in two days of trading after President Donald Trump suggested that Saudi Arabia and Russia may reach an agreement on reducing crude output amid the COVID-19...
Global Tech Giants Stand to Rake in Billions If They Withstand Coronavirus ‘Stress Test’
The severe downturn in global economic activity which has resulted from the spread of the COVID-19 pandemic has led to fears of a severe economic downturn, with International Monetary Fund Chief Kristalina Georgieva warning...
Huawei 5G, AI Tech Boosting Frontline Services, Instrumental In Fight Against COVID-19 – White...
The Chinese tech giant has stepped up efforts to tackle the ongoing pandemic using numerous disruptive technologies aimed at monitoring, diagnosing and blocking the spread of COVID-19. The news comes amid waves of conspiracy...
Wall Street Indices Down Amid Unemployment Benefits Rise, Trading Data Shows
The US Labour Department stated earlier in the day that some 1.4 million Americans had filed fresh unemployment claims last week.
Wall Street's main indices opened lower on Thursday as the the number of US...
IBM to Stop ‘General Purpose’ Facial Recognition Software Sales Amid George Floyd Killing, Protests
The world's first computing firm made the announcement amid mass global protests on the killing of George Floyd in Minneapolis and debates on bias in the use of biometric technologies, it was revealed on...
Oil Prices Grow Despite Halt to Stimulus Talks in US, as Gulf of Mexico...
Crude prices for Brent have mostly remained stable, ranging from between $40 and $45 per barrel over the last six months after a major dive caused by the COVID pandemic. Since September, however, prices...
