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Brokerages restrict clients on positions they can take in oil
By Devika Krishna Kumar (Reuters) – Several brokerages, including discount giant TD Ameritrade Corp <AMTD.O> are restricting customers from buying new positions in certain crude oil contracts after an unprecedented sell-off that sent prices below negative-$40 on Monday. The U.S. oil futures market was rocked at the start of this week as a growing glut […]
Philips says U.S. deal will enable it to ramp up ventilator production
AMSTERDAM (Reuters) – Dutch health technology company Philips <PHG.AS> said on Wednesday it struck a deal with the White House that will enable it to significantly ramp up its production of hospital ventilators as promised. Philips said it would deliver the U.S. government 43,000 hospital ventilators, an essential tool for the treatment of patients struggling […]
Four heatwaves of ‘at least 28C’ to hit UK and we should ‘take them seriously’
Don’t miss a thing! Sign up to the Daily Star’s newsletter Chilly Brits have been warned not to pack up their sun cream – there are another four heatwaves on the way. Despite temperatures plunging after last week’s scorcher, experts have predicted four more sweltering hot spells this summer. The mercury will soar from the […]