U.S. imposes tariffs on aluminum sheet from 18 countries

© Reuters. The third annual U.S.-Qatar Strategic Dialogue is held at the State Department in Washington WASHINGTON (Reuters) – The United States is imposing new tariffs on $ 1.96 billion worth of aluminum sheet products from 18 countries after determining that the goods were being dumped, U.S. Commerce Secretary Wilbur Ross said on Friday. The […]

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Pound Bears Find Joy as PM Johnson Imposes New Restrictions to Curb Virus

© Reuters. By Yasin Ebrahim Investing.com – The pound slumped to a nearly two-month low Tuesday as the U.K. government imposed new lockdown measures that could halt the pace of economic recovery as the second wave of Covid-19 gathers pace. by 0.62% to $ 1.2734, its lowest since July 27, to test 100-and 200-day moving […]

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Oil – Texas shale explorer says it’ll halt drilling if state imposes OPEC-style production caps

Diamondback Energy is on of the biggest Texas shale explorers. Chief Financial Officer Kaes Van’t Hof said the company already is in the process of shutting down 30% of its drilling and would take it to zero if the state clamps down on production. In the event of quotas …  “That turns that industry, the […]

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