Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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Oil rallies after Fed moves to help virus-hit economy

March 4, 2020: Oil prices rallied at the open in Asia Tuesday on Federal Reserve measures to boost the coronavirus-hit US economy, offsetting concerns about a failure to approve a rescue package. US benchmark West

Fed ramps up help to US economy on life support

March 24, 2020: The Federal Reserve launched an unprecedented effort on Monday to flood the US economy with money amid the chaos caused by the coronavirus pandemic, as Congress debated a rescue plan for American

SCCI proposes joint coronavirus fund for SAARC countries

March 23, 2020: South Asian Association of Regional Countries (SAARC) Chamber of Commerce and Industry (SCCI) President-designate Iftikhar Ali Malik has proposed setting up a novel coronavirus (COVID-19) emergency fund with India, Pakistan, Sri Lanka,

Oil prices fall as US economic package crashes

March 23, 2020: Oil prices fell heavily at the open in Asia on Monday after a trillion-dollar Senate proposal to help the coronavirus-hit American economy was defeated and death tolls soared across Europe and the

Asian markets sink as pandemic deaths soar

March 23, 2020: Asian markets were mostly in the red in early trade Monday despite massive economic stimulus efforts worldwide, with investors spooked by the relentless march of the coronavirus pandemic. The negative mood was

Stocks rise as governments throw kitchen sink at virus

Mar 20, 2020: Beaten-down European and US stocks rose Thursday, as markets weighed massive government stimulus efforts against early indicators of what is expected to be a deep and painful economic downturn. Wall Street equities

Companies hit pause button as Coronavirus infects economy

Mar 20, 2020: Layoffs, cutting costs and halting dividends… companies are scrambling to adapt as the coronavirus emergency hits demand while the draconian measures taken to contain the illness undercut production. With the economic impact

Asia markets lifted by huge economic support plans

March 20, 2020: Asian equities enjoyed some much-needed gains Friday after another volatile week on global markets as investors took solace in a blockbuster series of government and central bank measures aimed at cushioning the

Oil stuck below USD 30 a barrel

March 20, 2020: Oil prices remained volatile Friday after a dramatic rebound from multi-year lows but stayed below $30 a barrel on fears the deadly coronavirus will push the world into recession with an oversupply.

WTI oil price rebounds

March 19, 2020: The price of benchmark WTI oil rebounded by more than 23 percent in trading Thursday on hopes that a slump in crude demand caused by the coronavirus pandemic can be curbed. WTI,

Wall Street turns positive after opening down

March 19, 2020: Wall Street indices entered positive territory in midmorning trading on Thursday, recovering ground another negative open amid evidence of the growing economic disruption from the coronavirus. At about 1430 GMT, the Down

Oil rallies after Fed moves to help virus-hit economy

March 4, 2020: Oil prices rallied at the open in Asia Tuesday on Federal Reserve measures to boost the coronavirus-hit US economy, offsetting concerns about a failure to approve a rescue package. US benchmark West

Fed ramps up help to US economy on life support

March 24, 2020: The Federal Reserve launched an unprecedented effort on Monday to flood the US economy with money amid the chaos caused by the coronavirus pandemic, as Congress debated a rescue plan for American

SCCI proposes joint coronavirus fund for SAARC countries

March 23, 2020: South Asian Association of Regional Countries (SAARC) Chamber of Commerce and Industry (SCCI) President-designate Iftikhar Ali Malik has proposed setting up a novel coronavirus (COVID-19) emergency fund with India, Pakistan, Sri Lanka,

Oil prices fall as US economic package crashes

March 23, 2020: Oil prices fell heavily at the open in Asia on Monday after a trillion-dollar Senate proposal to help the coronavirus-hit American economy was defeated and death tolls soared across Europe and the

Asian markets sink as pandemic deaths soar

March 23, 2020: Asian markets were mostly in the red in early trade Monday despite massive economic stimulus efforts worldwide, with investors spooked by the relentless march of the coronavirus pandemic. The negative mood was

Stocks rise as governments throw kitchen sink at virus

Mar 20, 2020: Beaten-down European and US stocks rose Thursday, as markets weighed massive government stimulus efforts against early indicators of what is expected to be a deep and painful economic downturn. Wall Street equities

Companies hit pause button as Coronavirus infects economy

Mar 20, 2020: Layoffs, cutting costs and halting dividends… companies are scrambling to adapt as the coronavirus emergency hits demand while the draconian measures taken to contain the illness undercut production. With the economic impact

Asia markets lifted by huge economic support plans

March 20, 2020: Asian equities enjoyed some much-needed gains Friday after another volatile week on global markets as investors took solace in a blockbuster series of government and central bank measures aimed at cushioning the

Oil stuck below USD 30 a barrel

March 20, 2020: Oil prices remained volatile Friday after a dramatic rebound from multi-year lows but stayed below $30 a barrel on fears the deadly coronavirus will push the world into recession with an oversupply.

WTI oil price rebounds

March 19, 2020: The price of benchmark WTI oil rebounded by more than 23 percent in trading Thursday on hopes that a slump in crude demand caused by the coronavirus pandemic can be curbed. WTI,

Wall Street turns positive after opening down

March 19, 2020: Wall Street indices entered positive territory in midmorning trading on Thursday, recovering ground another negative open amid evidence of the growing economic disruption from the coronavirus. At about 1430 GMT, the Down

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