By Rania El Gamal, Alex Lawler and Olesya Astakhova VIENNA (Reuters) – Saudi Arabia and other OPEC members struggled on Wednesday to win support from Russia to join them in additional oil output cuts in a bid to prop up prices which have tumbled by a fifth this year because of the coronavirus outbreak. A […]
LAUSANNE (Reuters) – The Swiss National Bank (SNB) will end negative interest rates “as soon as we are able,” governing board member Andrea Maechler said on Wednesday, when asked about the central bank’s ultra-loose monetary policy aimed at curbing the Swiss franc’s overvaluation. The SNB is under pressure to adjust its policies after years of […]
(Reuters) – Shares of Tesla Inc <TSLA.O> hit a fresh record high for the third straight session on Friday, and were just $7 shy from the $420 per share price at which founder Elon Musk sought to take the electric carmaker private more than a year ago. The recent run-up is a stunning turnaround for […]
