 | | | | (Reuters) -Pressured by strict U.S. sanctions, Venezuela's oil exports plunged by 376,500 barrels per day (bpd) in 2020, according to Refinitiv Eikon data and internal documents from state-run PDVSA, financially squeezing socialist President Nicolas Maduro. | | | | | | NEW YORK (Reuters) -U.S. stocks dropped more than 1% on Monday, pulling back from record highs in the first trading day of the new year as coronavirus cases surged, while the U.S. dollar edged up and gold rallied. | | | | | | NEW YORK (Reuters) -Shares on Wall Street closed sharply lower on Monday, sliding from all-time peaks on the first trading day of the year, as risk appetite ebbed amid upcoming runoff elections in Georgia and the persistent surge in coronavirus cases. | | | | | | Investors have been weighing a major political unknown since the November election that could ripple through asset prices: control of the Senate. | | | | | | A slew of brokerages initiated coverage of Airbnb Inc and DoorDash Inc on Monday, having high hopes for their revenue growth and supporting eye-popping valuations obtained by both last month in stock market launches. | | | | | | More than 200 employees and contractors at Google parent Alphabet Inc in the United States and Canada have formed a labor union to promote workplace equity and ethical business practices, the group's elected leaders said on Monday. | | | | | | Alibaba founder Jack Ma's absence from public view in the past two months, including missing the final episode of a TV show on which he was to appear as a judge, has fueled social media speculation over his whereabouts amid a Chinese regulatory clampdown on his sprawling business empire. | | | | | | Slack Technologies Inc said its workplace messaging service was hit by an outage on Monday, disrupting remote work as people returned from the holidays. | | | | | | Ladbrokes owner Entain said on Monday an $11 billion takeover approach from U.S. casino operator MGM Resorts significantly undervalued its business, as companies move to capitalise on an expected boom in U.S. sports betting. | | | | | | McDonald's Corp is hoping 2021 is the year it cracks the crispy chicken sandwich by rolling out three different versions in the United States, the company told Reuters. | | | | | |
