 | | | | HONG KONG/SINGAPORE/WASHINGTON (Reuters) -The New York Stock Exchange said it no longer intends to delist three Chinese telecom giants - a shock reversal of an announcement made only last week and deepening confusion over a U.S. crackdown on firms said to be linked to China's military. | | | | | | U.S. Treasury Secretary Steven Mnuchin disagrees with the New York Stock Exchange's plan to no longer delist three Chinese telecom giants, Bloomberg News reported on Tuesday. | | | | | | MOSCOW/LONDON/DUBAI (Reuters) -Saudi Arabia pledged additional, voluntary oil output cuts of one million barrels per day (bpd) in February and March as part of a deal under which most OPEC+ producers will hold production steady in the face of new coronavirus lockdowns. | | | | | | NEW YORK (Reuters) -Oil prices climbed nearly 5% on Tuesday after news that Saudi Arabia will make voluntary cuts to its oil output, while international political tension simmered over Iran's seizure of a South Korean vessel. | | | | | | The dollar fell against a basket of major currencies on Tuesday, on the heels of China's decision to lift its official yuan exchange rate by its highest margin since it abandoned a dollar peg in 2005, while U.S. Senate runoff elections in Georgia were also in focus. | | | | | | NEW YORK (Reuters) -Global equity indexes were mostly higher on Tuesday, with Wall Street rebounding from a weak start to the year, and oil prices settled up 5% after news that Saudi Arabia will make voluntary cuts to its oil output in February. | | | | | | (Reuters) -Increased demand for new vehicles during the COVID-19 pandemic helped General Motors Co and other automakers report strong fourth-quarter U.S. sales on Tuesday, and executives voiced optimism the rebound from low sales during the April-May production shutdown will continue in 2021. | | | | | | (Reuters) -Wall Street's main indexes climbed on Tuesday as investors took advantage of previous session's slump, while waiting for the outcome of battleground Georgia's Senate runoff elections, which will determine the balance of power in Washington. | | | | | | U.S. bankruptcy filings for 2020 hit their lowest level since 1986 as a flood of government support programs offset at least temporarily the full brunt of the coronavirus pandemic and a related recession, Epiq AACER reported on Friday. | | | | | | WASHINGTON (Reuters) -U.S. factory activity accelerated to its highest level in nearly 2-1/2 years in December as the coronavirus pandemic continues to pull demand away from services towards goods, though spiraling new infections are causing bottlenecks in supply chains. | | | | | |
