Tag: Graphics

Egypt and Ethiopia Clash Over Nile River Dam as Water Scarcity Looms World-Wide

A dispute over the Nile, the world’s longest river, is coming to a head. At stake are the lives and livelihoods of millions of people...

Tech drives Nasdaq to all-time high as signs of recovery emerge from coronavirus pandemic

(Reuters) – The heavyweight technology and growth stocks that drove Wall Street higher in recent years are again fueling a surge that has taken the...

Softbank-backed Coupang under scrutiny after S.Korea warehouse virus outbreak

SEOUL (Reuters) – Deluged with online orders as the coronavirus epidemic swept South Korea, e-commerce giant Coupang opened a new groceries warehouse and logistics centre...

Lithium producers must wait as pandemic slows electric vehicle revolution

JOHANNESBURG/HOUSTON (Reuters) – The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion...

Past its peak? Battered oil demand faces threat from electric vehicles

LONDON (Reuters) – Oil companies may be facing uncertainty as the coronavirus pandemic triggers a collapse in demand for their products, but auto makers are...

A month after negative oil prices, U.S. crude contract expiry looms

NEW YORK (Reuters) – A month after sellers had to pay nearly $40 a barrel to get rid of U.S. oil futures, the next watershed...

U.S. stock market falls on plunging retail sales; oil up

NEW YORK (Reuters) – U.S. stocks sank on Friday after data showed a worse-than-expected drop in retail sales and as investors worried about increased Sino-U.S....

In nod to grim U.S. outlook, Fed’s Powell calls for more fiscal support

WASHINGTON (Reuters) – The head of the Federal Reserve warned on Wednesday of an “extended period” of weak economic growth, vowed to use the U.S....

Wall Street Week Ahead: U.S. data deluge to underscore divide between roaring market, plunging economy

NEW YORK (Reuters) – A week packed with U.S. economic data is likely to provide investors with more evidence of the extent to which the...

Coronavirus deals U.S. economy Great Depression-like job losses, high unemployment

WASHINGTON (Reuters) – The U.S. economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression, laying bare...

U.S. labor market shatters post World War 2 records as coronavirus lockdowns bite

WASHINGTON (Reuters) – The U.S. economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression and the...

Great Depression-like U.S. job losses, unemployment rate expected in April

WASHINGTON (Reuters) – The U.S. economy likely lost a staggering 22 million jobs in April, in what would be the steepest plunge in payrolls since...

U.S. stock futures, Chinese shares slip amid Sino-U.S. tensions, oil falters

SYDNEY (Reuters) – Shares struggled and the yen gained on Wednesday, with markets in China faltering on their return from a long holiday as investors...

‘Like watching a train wreck’: The coronavirus effect on North Dakota shale oilfields

NEW YORK (Reuters) – Oil executive Bill Kent was with fellow managers in the Colorado board room of Resource Energy headquarters on April 20 when...

World stocks fall as Trump’s China tariff threat dampens risk appetite

NEW YORK (Reuters) – A sharp fall on Wall Street dragged a global stocks index down on Friday on concerns that the world’s two largest...

Oil prices fall on brimming storage, bleak recovery prospects

LONDON (Reuters) – Oil prices plunged for a second day in a row on Tuesday on concerns about dwindling global capacity to store more crude...

Asian shares fall on fresh rout in crude prices

TOKYO/NEW YORK (Reuters) – Asian shares and U.S. stock futures dipped into the red on Tuesday, erasing earlier gains as a renewed decline in oil...

As U.S. coronavirus death toll tops 51,000, handful of states move toward reopening

ATLANTA (Reuters) – With the U.S. coronavirus death toll topping 51,000 and nearly one in six workers out of a job, Georgia, Oklahoma and several...

Georgia forges ahead with reopening despite disapproval of Trump, pandemic experts

ATLANTA (Reuters) – Georgia pushed ahead with its plan to become the first U.S. state to allow an array of merchants to reopen on Friday...

Asia stocks on defensive as oil pain spreads

TOKYO (Reuters) – Asian share markets were on the defensive on Wednesday as the floor fell out from under crude prices, sparking worries about further...

Speculative bet or inflation hedge? Bitcoin in the coronavirus crisis

LONDON (Reuters) – Bitcoin has fared better than stocks but worse than gold and U.S. Treasuries during the coronavirus pandemic, with investors ascribing its performance...

Crude claws back into positive territory but historic crash spooks investors

SINGAPORE/WASHINGTON (Reuters) – U.S. crude oil bounced back into positive territory on Tuesday, after a historic plunge below zero that shocked investors and pushed down...

Wynn Resorts CEO calls for Las Vegas Strip to conditionally reopen in mid- to late May

(Reuters) – Wynn Resorts Chief Executive Officer Matt Maddox on Sunday called on the Nevada governor to begin to reopen the Las Vegas Strip in...

Main Street bailout rewards U.S. restaurant chains, firms in rural states

WASHINGTON/SAN FRANCISCO (Reuters) – Over two frantic weeks, the U.S. government pledged $350 billion to Main Street businesses across America desperate for cash after coronavirus...

Global stocks rally as investors take heart on U.S. economic reopening plan

NEW YORK (Reuters) – Global stocks rallied on Friday on President Donald Trump’s plans to revive the coronavirus-hit U.S. economy and hopes of a potential...