 | | | | The Brazilian state of Minas Gerais is hoping to win at least 28 billion reais ($5.3 billion) from a compensation deal with miner Vale SA after the 2019 Brumadinho deadly dam burst, a senior state official said on Wednesday. | | | | | | NEW YORK (Reuters) -Oil prices rose to their highest levels since February on Wednesday after Saudi Arabia announced a big voluntary production cut and on a steep fall in U.S. crude inventories. | | | | | | The Trump administration is considering adding China's retail giant Alibaba and Tencent to a blacklist of Chinese companies that are allegedly owned or controlled by the Chinese military, two people familiar with the matter said. | | | | | | NEW YORK (Reuters) -The Dow and the S&P 500 ended higher, soaring to all-time highs on Wednesday, as investors piled into financial and industrial stocks on bets a Democratic sweep in Georgia would lead to more fiscal stimulus and infrastructure spending. | | | | | | (Reuters) -The Trump administration on Wednesday found few takers at its sale of drilling leases in a pristine Arctic wildlife refuge, with an Alaska state agency emerging as the sole bidder for most of the acreage. | | | | | | U.S. private companies shed workers in December for the first time in eight months as out-of-control COVID-19 infections unleashed a fresh wave of business restrictions, setting the tone for what is likely to be a brutal winter for the economy. | | | | | | NEW YORK (Reuters) -The dollar bounced after sinking to its lowest level in nearly three years on Wednesday, with markets anticipating a Democrat win in the U.S. Senate election in Georgia that would clear the path for a larger fiscal stimulus package. | | | | | | NEW YORK (Reuters) -Global stock indexes climbed and 10-year U.S. Treasury yields topped 1% for the first time since March on Wednesday as Democratic control of the U.S. Senate following Georgia's runoff elections appeared more likely. | | | | | | Italy is working on a plan to take on about 14 billion euros ($17 billion) of UniCredit's impaired loans to make a takeover of state-owned Monte dei Paschi more attractive for the country's second-biggest bank, sources told Reuters. | | | | | | Impossible Foods Inc, maker of the plant-based Impossible Burger, said on Wednesday it would cut prices for foodservice distributors in the United States by about 15% amid increasing demand for its burgers. | | | | | |
