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2020, May, 19, 11:40:00
SAUDI ARABIA'S INVESTMENT $7.7 BLN
The $300 billion Public Investment Fund bought stakes in global corporate leaders such as Boeing, Facebook, Disney, Marriott and Starbucks. It also invested in two big US banks, Citigroup and Bank of America, and took holdings in oil giants BP, Total and Royal Dutch Shell.
2020, May, 19, 11:35:00
SOUTH AFRICA'S NUCLEAR DEVELOPMENT
"It is a fact that nuclear power plants require large upfront investments, compared to other sources of energy,"
2020, May, 18, 09:10:00
OIL PRICE: ABOVE $33
Brent was up $1.06, or 3.3%, at $33.56 a barrel, WTI was up $1.29, or 4.4%, at $30.72 a barrel
2020, May, 18, 09:05:00
CHINA SHARES UP
the Shanghai Composite index was up 0.61% at 2,885.83 points
2020, May, 18, 08:50:00
JAPAN ECONOMY DOWN 3.4%
Japan's economy contracted 0.9% in January-March, or at an annualized pace of 3.4%,
2020, May, 18, 08:45:00
CHINA, EUROPE ACQUISITIONS
“We have to see that Chinese companies, partly with the support of state funds, are increasingly trying to buy up European companies that are cheap to acquire or that got into economic difficulties due to the coronavirus crisis,”
2020, May, 18, 08:40:00
U.S. GAS PRODUCTION WILL DOWN
U.S. dry natural gas production set a record in 2019, averaging 92.2 Bcf/d. EIA forecasts dry natural gas production will average 89.8 Bcf/d in 2020, with monthly
production falling from an estimated 93.1 Bcf/d in April to 85.4 Bcf/d in December.
2020, May, 18, 08:35:00
U.S. INDUSTRIAL PRODUCTION FELL 11.2%
U.S. total industrial production fell 11.2 percent in April for its largest monthly drop in the 101-year history of the index