A worker sprays disinfectant at temple to prevent the spread of coronavirus disease (COVID-19) in Klaten, Central Java province, Indonesia March 19, 2020 in this photo taken by Antara Foto. Antara Foto/Aloysius Jarot Nugroho/ via REUTERS ATTENTION EDITORS – THIS IMAGE WAS PROVIDED BY A THIRD PARTY. MANDATORY CREDIT. INDONESIA OUT.
By Laila Kearney NEW YORK (Reuters) – Oil prices were mixed on Wednesday as worries about the coronavirus outbreak and swelling U.S. crude inventories weighed on prices, counter-balanced by talk that OPEC could extend oil output cuts. Brent crude <LCOc1> rose 30 cents, or 0.5%, to settle at $59.81 per barrel. U.S. crude <Clc1> ended […]
By Victoria Klesty OSLO (Reuters) – The ethics watchdog for Norway’s huge wealth fund will continue to investigate firms and possibly recommend additional exclusions from its investment portfolio depending on treatment of migrant workers, the watchdog’s head said on Wednesday. In November, the $1.1 trillion fund said it could no longer invest in Britain’s G4S […]
STOCKHOLM (Reuters) – Sweden’s Volvo Car Group, owned by China’s Geely, reported an 18% rise in fourth-quarter operating profit as cost cuts and growing sales more than offset the impact of subdued global auto markets. The Gothenburg-based carmaker, which Geely acquired from Ford Motor Co <F.N> in 2010, reported operating earnings of 5.29 billion Swedish […]