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Market News
October 23, 2021
South Africa’s Eskom Cuts Power Supplies Due to Plant Breakdowns
South Africa’s struggling and debt-laden power utility Eskom Holdings SOC Ltd. said on Saturday it will resume cutting power to customers until...
October 23, 2021
Pacific Storm Set to Flood California With Rain and Mud
A powerful Pacific storm is set to slam into California and the Pacific Northwest, bringing hurricane-like winds and heavy rains that could touch off...
October 23, 2021
Democrats Set to Scale Back Drug-Price Ambitions in Biden’s Bill
Democrats working on President Joe Biden’s big social-spending bill are discussing a proposal to limit the main tool for lowering drug prices to...
October 23, 2021
Saudi Oil Chief Urges Producers Not to Take Rebound for Granted
Saudi Arabia said oil producers shouldn’t take the rise in prices for granted because the coronavirus pandemic could still hit demand.
October 23, 2021
Venezuela Raises Gas Prices by 20-fold to 10 Cents a Gallon
Venezuela’s government will impose a 20-fold increase in subsidized gasoline prices starting Sunday, according to a statement from state oil...
October 23, 2021
Iran Says It Needs $11 Billion to Develop Southwest Oil Fields
Iran says it needs billions of dollars in investments to boost production from oil fields it shares with Iraq along its southwestern border.
October 23, 2021
Erdogan Says 10 Western Ambassadors No Longer Welcome in Turkey
President Recep Tayyip Erdogan said the ambassadors of 10 nations, including the U.S., Germany and France, were no longer welcome in Turkey after...
October 23, 2021
Social Media Buzz: ‘Cold Gun’ on Film Set, Trump SPAC, Facebook
What’s trending on social media this morning:
October 23, 2021
FC Barcelona Members Support Debt Plan to Revamp Stadium
FC Barcelona members voted in favor of raising additional funds to revamp its ailing Camp Nou stadium.
October 23, 2021