Shell cuts dividend for first time since 1940s as oil demand collapses

Shell cuts dividend for first time since 1940s as oil demand collapses

Royal Dutch Shell (LON:RDSa) cut its dividend for the first time in 80 years and suspended the next tranche of its share buyback programme on Thursday following the collapse in global oil demand due to the…

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Will House Prices Remain Stable Despite Property Market Lockdown?

Will House Prices Remain Stable Despite Property Market Lockdown?

As weeks settle into months under the coronavirus lockdown in the U.K., the latest analysis from Zoopla and Hometrack suggests that the pause button has been pushed on 373,000 property transactions, with the combined estimated value…

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The Coming Default Crisis With Online Loans

The Coming Default Crisis With Online Loans

From the oil patch to vacation destinations and the coastal economies that house much of the American population, the fallout from the coronavirus pandemic is spreading. A stunning 5.2 million Americans filed for unemployment in…

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Saudi Prince’s Year of Prestige Is Unraveling in Front of Him

Saudi Prince’s Year of Prestige Is Unraveling in Front of Him

The courtyard around the Grand Mosque in Mecca should be teeming with hundreds of thousands of pilgrims marking the start of Ramadan. Instead, it’s deserted: The coronavirus pandemic has hit the city where the Prophet Mohammed was…

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Stocks – Europe Largely Flat; Oil and Earnings in Focus

Stocks – Europe Largely Flat; Oil and Earnings in Focus

European stock markets traded largely unchanged Tuesday, with investors wary of getting too involved ahead of key central bank meetings, against a background of weak earnings from the financial and oil sectors. At 3:35 AM…

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Thailand shelves Asia-Pacific trade pact membership decision amid growing opposition

Thailand shelves Asia-Pacific trade pact membership decision amid growing opposition

Thailand’s cabinet will not consider on Tuesday whether Thailand will seek membership of an Asia-Pacific trade agreement, which could boost its economy hit by the coronavirus pandemic, due to widespread opposition. The proposal to join…

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Houston housing market:  It’s response to the Pandemic

Houston housing market: It’s response to the Pandemic

As a natural result of the pandemic, the Texas Real Estate market is headed for a slowdown, with the first question being for how long. Experts are worried for regions like the Permian Basin and…

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What To Expect From Buffett At Berkshire’s Upcoming Meeting

What To Expect From Buffett At Berkshire’s Upcoming Meeting

The Berkshire Hathaway Shareholder’s Meeting garners a lot of attention as Buffett, and his vice-Chairman Charlie Munger, share their views in response to questions from investors. This year’s meeting, scheduled for May 2, is likely…

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Forex – Dollar Slides Amid Economic Reopening Discussions

Forex – Dollar Slides Amid Economic Reopening Discussions

The U.S. dollar sold off aggressively in early trade Monday, with traders turning away from the safe haven as more and more countries announce a gradual lifting of their Covid-19 restrictions. At 3 AM ET…

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Japan Airlines looking to tap banks for $2.8 billion in funding: NHK

Japan Airlines looking to tap banks for $2.8 billion in funding: NHK

Japan Airlines Co (T:9201) is discussing the possibility of securing financing totaling $2.8 billion from its lenders to cushion the financial blow of the coronavirus outbreak, public broadcaster NHK said on Saturday. The airline, which…

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