Oil prices extend rally on US election day
LONDON, Nov 03 (Reuters): Oil prices extended their rally on US election day with a 3.0 per cent gain as financial markets staged a broad recovery, but concerns over surging coronavirus cases around the world capped further gains.Brent crude futures rose $1.13, or 2.9 per cent to $40.10 a barrel...
Read more
UK aviation needs govt support for new lockdown pain
LONDON, Nov 03 (Reuters): Britain's airports and airlines need urgent support to survive the "very bleak future" posed by a new lockdown in England, warned the boss of one of the country's biggest airport groups.Very low levels of travel in recent months have put airlines and airports under renewed financial...
Read more
Malaysia's Petronas to pay $8.2b govt dividend in 2020
KUALA LUMPUR, Nov 11 (Reuters): Malaysian state energy firm Petronas will pay the government a dividend of 34 billion ringgit ($8.2 billion) in 2020, despite posting losses in the second quarter, the country's economic minister said on Monday.The company, which paid 54 billion ringgit in dividends in 2019, originally committed...
Read more
Gold steady as investors eye race for Oval Office
BENGALURU, Nov 03 (Reuters): Gold prices held steady on Tuesday as a jump in riskier assets offset the impact of strict lockdowns across Europe and with wary markets awaiting results of the US presidential election.Spot gold was up 0.1 per cent at $1,896.77 per ounce by 1059 GMT, while US...
Read more
Soybeans gain on lower US yields, wheat firms
SINGAPORE, Nov 03 (Reuters): Chicago soybean futures rose on Tuesday, gaining for two out of three sessions, on expectations of lower US yields and as the US Department of Agriculture pegged the pace of the harvest behind market forecasts.Corn prices slid, dragged by a decline in oil demand which is...
Read more
