Friday 18 December 2020

Oil settles up, marking seventh straight weekly gain

Oil settles up, marking seventh straight weekly gain

(Reuters) -Oil settled up at a nine-month high on Friday, rounding out seven straight weeks of gains as investors focused on the rollout of COVID-19 vaccines and a decline this week in the U.S. dollar.

Coinbase picks Goldman Sachs to lead listing plans -source

Cryptocurrency exchange Coinbase Inc has hired Goldman Sachs Group Inc to lead preparations for its planned stock market listing, a person familiar with the matter said on Friday.

Wall Street falls as stimulus rally cools, Tesla hits record high

U.S. stocks declined on Friday, pulled down by uncertainty around a coronavirus stimulus deal, while Tesla shares hit a lifetime high in anticipation of their addition to the S&P 500 next week.

SolarWinds hackers broke into U.S. cable firm and Arizona county, web records show

Suspected Russian hackers accessed the systems of a U.S. internet provider and a county government in Arizona as part of a sprawling cyber-espionage campaign disclosed this week, according to an analysis of publicly-available web records.

Broad attack by hackers sets cyber experts worldwide scrambling to defend networks

Suspected Russian hackers who broke into U.S. government agencies also spied on less high-profile organizations, including groups in Britain, a U.S. internet provider and a county government in Arizona, according to web records and a security source.

U.S. blacklists dozens of Chinese firms including SMIC, DJI

WASHINGTON (Reuters) -The United States added dozens of Chinese companies, including the country's top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co Ltd, to a trade blacklist on Friday as U.S. President Donald Trump's administration ratchets up tensions with China in his final weeks in office.

Cyber technology shares soar as security attacks pile up

Shares in cyber security companies climbed rapidly on Friday as investors bet that a spate of cyber attack disclosures from entities such as Microsoft Corp would boost demand for security technology.

Tesla shares rise in busy trade ahead of S&P 500 debut

(Reuters) -Shares of Tesla Inc rose to a record high on Friday on heavy volume, as investors geared up for the electric car maker's much anticipated entrance into the benchmark S&P 500 index.

U.S. adds Chinese drone company DJI to economic blacklist

China's SZ DJI Technology Co, the world's largest drone maker, on Friday was added to the U.S. government's economic blacklist along with dozens of other Chinese companies.

Exclusive: Brexit clouds airline ownership as Spanish-led fix rebuffed

Spain, Ireland and Hungary have tried and failed to loosen EU airline ownership rules in a draft aviation deal with the UK, two people with knowledge of the matter said, out of concern about Brexit's impact on British Airways owner IAG, Ryanair and Wizz Air.

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