U.S. Senate parliamentarian says Democrats can use reconciliation to pass more bills

© Reuters. U.S. Senate Majority Leader Schumer holds news conference at the U.S. Capitol in Washington WASHINGTON (Reuters) -The U.S. Senate parliamentarian ruled on Monday that Democrats may use a procedural tool known as reconciliation to pass more legislation this year, a spokesman for Democratic leader Chuck Schumer said, which could clear the way for […]

Continue Reading

USTR’s Tai tells European officials she wants ‘more positive’ trade ties

© Reuters. FILE PHOTO: U.S. Senate Finance Committee conducts hearing on nomination of Katherine Tai to be U.S. Trade Representative. By David Lawder WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai on Monday told European officials she wanted to develop “a more positive and productive” trade relationship with Europe, despite disputes over aircraft subsidies and […]

Continue Reading

Oil falls more than 3% as European coronavirus curbs point to demand hit

© Reuters. Views of Total Grandpuits oil refinery By Ahmad Ghaddar LONDON (Reuters) – Oil prices fell more than 3% on Tuesday, hit by concerns that new pandemic curbs and slow vaccine rollouts in Europe will hold back a recovery in demand, while a stronger dollar also weighed. futures dropped by $ 2.20, or 3.4%, […]

Continue Reading

NZD/JPY plunges by more than 2% as the kiwi freefalls, yen strengthens

NZD/JPY is down over 2% to 76.35 currently Invest in yourself. See our forex education hub. Much like how the technical picture in NZD/USD is looking poor, NZD/JPY is also not spared from that as the pair hints at a double top pattern around 79.00. The rejection there adding to the break of support below […]

Continue Reading

Saudi Aramco’s debt-to-equity ratio more than doubles in 2020

© Reuters. FILE PHOTO: A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq DUBAI (Reuters) – Saudi Arabian oil giant Aramco (SE:)’s net debt-to-equity ratio more than doubled to 55% in 2020 from 26% a year earlier, the company said in a financial results report. Net debt rose to 605.9 billion […]

Continue Reading

How to trade more like a pro. 5 simple tips you can follow.

Despite some pro-golfers follies last weekend, my golf game is far from being pro-like… [embedded content] Watching the recent professional golf tournament this weekend, there was a series of back to back to back shots which made the pro’s look rather amateurish.  I actually thought, I might have a chance (and then the feeling went […]

Continue Reading

New U.S. trade ‘czar’ Tai vows to promote equitable growth, give workers more say

© Reuters. FILE PHOTO: U.S. Senate Finance Committee conducts hearing on nomination of Katherine Tai to be U.S. Trade Representative. WASHINGTON (Reuters) – New U.S. Trade Representative Katherine Tai vowed on Friday to leverage trade to help the U.S. economy recover from the coronavirus crisis by focusing on policies that promoted more equitable growth and […]

Continue Reading

Ad man Sorrell eyes roaring recovery, more deals

© Reuters. LONDON (Reuters) – Martin Sorrell, the world’s most famous advertising executive, expects global economies to roar back to life as they recover from the pandemic over the next two years, but is worried about what comes after that.     “The drum beat in our daily meetings is getting louder and louder and louder, […]

Continue Reading

Energy Secretary Granholm says U.S. needs to produce more EV minerals

© Reuters. FILE PHOTO: Former Michigan Governor Jennifer Granholm testifies before the Senate Energy and Natural Resources Committee in Washington (Reuters) – U.S. Secretary of Energy Jennifer Granholm on Tuesday said the United States needs to boost domestic production of the minerals used to make electric vehicles, so long as it is done sustainably. The […]

Continue Reading

Volkswagen considering entry to more sustainable F1 – BBC

2/2 © Reuters. FILE PHOTO: The logo of German carmaker Volkswagen is seen on a rim cap in a showroom of a Volkswagen car dealer in Brussels 2/2 LONDON (Reuters) – Porsche and the Volkswagen (DE:) Group would consider entering Formula One if the next engine regulations due to be introduced in 2025 promote sustainable […]

Continue Reading