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March 6, 2021

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Saudi Arabia to lift most coronavirus-related curbs on Sunday: SPA

Reuters
FILE PHOTO: People celebrate Saudi Arabia’s 90th annual National Day, amid the spread of the coronavirus disease (COVID-19) in Riyadh, Saudi Arabia September 23, 2020. REUTERS/Ahmed Yosri DUBAI (Reuters) – Saudi Arabia will end most coronavirus-related restrictions on Sunday, including resuming indoor dining, reopening cinemas and resuming entertainment activities and......

White House: Biden believes U.S. authorizations for military force need updating

Reuters
FILE PHOTO: U.S. President Joe Biden holds a meeting on infrastructure with members of Congress in the Oval Office at the White House in Washington, U.S., March 4, 2021. REUTERS/Tom Brenner WASHINGTON (Reuters) – U.S. President Joe Biden believes that authorizations for the use of military force that have been......

Saudi Arabia says oil market recovery remains uncertain

Reuters
FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) – Saudi Arabia’s energy minister said on Thursday that the situation in the oil market had improved but the outlook for a recovery......

Dollar bides time, looks to Powell for inspiration

Reuters
TOKYO (Reuters) – The dollar hit a seven-month high against the yen on Thursday as an orderly rise in U.S. Treasury yields lent support ahead of a speech by Federal Reserve Chairman Jerome Powell that may determine the trend for global bond markets and currencies. FILE PHOTO: 3D printed percentage......

Turkey’s reopening relieves restaurants but worries doctors

Reuters
ISTANBUL (Reuters) – Turkish restaurants reopened and many children returned to school on Tuesday after the government announced steps to ease COVID-19 curbs even as cases edged higher, raising concerns in the top medical association. FILE PHOTO: A man smokes outside a closed bar, amid the coronavirus disease (COVID-19) outbreak......

Saudi-led coalition says it thwarted Houthi missile attack on Riyadh – state TV

Reuters
CAIRO (Reuters) – The Saudi-led coalition fighting Yemen’s Iranian-aligned Houthi militia said on Saturday it had thwarted a ballistic missile attack by the Houthis on the Saudi capital Riyadh, Saudi state television reported. The coalition also said it had detected the launch of a number of explosive-laden drones from Houthi......

Asian markets roiled as bond rout turns ‘lethal’

Reuters
SYDNEY/MIAMI (Reuters) – Asian stocks skidded to one-month lows on Friday as a rout in global bond markets sent yields flying and spooked investors amid fears the heavy losses suffered could trigger distressed selling in other assets. FILE PHOTO: A man rides a bicycle past a screen displaying Nikkei share......

Global equities rise as U.S. bond yield fears ease

Reuters
NEW YORK (Reuters) – A gauge of global equity markets rose on Wednesday after Federal Reserve Chair Jerome Powell said interest rates will remain low, calming market jitters sparked by a jump in U.S. Treasury yields on fears a robust recovery would drive inflation higher. FILE PHOTO: The German share......

Halep pulls out of Qatar Open

Reuters
FILE PHOTO: Tennis – Australian Open – Melbourne Park, Melbourne, Australia, February 16, 2021 Romania’s Simona Halep in action during her quarter final match against Serena Williams of the U.S. REUTERS/Loren Elliott (Reuters) – World number three Simona Halep has withdrawn from next week’s Qatar Open in Doha, the organisers......

Oman bans entry from 10 countries to curb coronavirus spread

Reuters
DUBAI (Reuters) – Oman will not allow people from 10 countries to enter the country for 15 days to curb the spread of the coronavirus, in particular certain mutated strains, the Gulf state’s coronavirus committee said on Tuesday. The countries are: Sudan, Lebanon, South Africa, Brazil, Nigeria, Tanzania, Ghana, Guinea,......

Egyptair grounds four Boeing 777-200 planes – statement

Reuters
FILE PHOTO: The company logo is displayed at the Egyptair desk at Charles de Gaulle airport, after an Egyptair flight disappeared from radar during its flight from Paris to Cairo, in Paris, France, May 19, 2016. REUTERS/Christian Hartmann CAIRO (Reuters) – Egyptair grounded four Boeing 777-200 planes with Pratt& Whitney......

Google fires research leader amid diversity, research freedom controversies

Reuters
By Paresh Dave, Jeffrey Dastin FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake/File Photo (Reuters) – Alphabet Inc’s Google fired researcher Margaret Mitchell on Friday, they both said, after a weeks-long investigation found she moved......

Dollar nursing losses after jobs data mars recovery narrative; sterling buoyant

Reuters
TOKYO (Reuters) – The U.S. dollar maintained its biggest loss in 10 days on Friday after disappointing U.S. labour market data bruised optimism for the country’s speedy recovery from the COVID-19 pandemic. FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko......

Gulf markets little changed in early trade

Reuters
(Reuters) – Major Gulf stock markets were little changed early on Thursday, with the Dubai index slipping slightly on declines among Industrial and financial stocks. FILE PHOTO: An investor monitors a screen displaying stock information at the Abu Dhabi Securities Exchange June 25, 2014. Saudi Arabia’s benchmark index rose 0.1%,......

Oil retreats on rising U.S. dollar, though Texas supply choked

Reuters
MELBOURNE (Reuters) – Oil prices fell in early trade on Wednesday as the U.S. dollar climbed, retreating after a two-day rally that was driven by an Arctic blast curbing output from oil and gas fields in Texas, the country’s biggest oil-producing state. FILE PHOTO: A 3D printed oil pump jack......

Israel cancels participation in UAE defence expo, citing air travel curbs

Reuters
Emirati and Israeli flags fly upon the arrival of Israeli and U.S. delegates at Abu Dhabi International Airport, in Abu Dhabi, United Arab Emirates August 31, 2020. REUTERS/Christopher Pike JERUSALEM (Reuters) – Israel has cancelled its planned participation in a major defence expo in the United Arab Emirates next week......

UK PM appoints Edward Lister as special envoy for the Gulf

Reuters
FILE PHOTO: Edward Lister, Chief Strategic Adviser to British Prime Minister Boris Johnson, arrives to attend a Cabinet meeting at the Foreign and Commonwealth Office (FCO) in London, Britain December 1, 2020. REUTERS/Henry Nicholls LONDON (Reuters) – British Prime Minister Boris Johnson has appointed Edward Lister as his new special......

Facebook reducing distribution of Myanmar military content

Reuters
FILE PHOTO: A woman looks at the Facebook logo on an iPad in this photo illustration taken June 3, 2018. REUTERS/Regis Duvignau/Illustration/File Photo (Reuters) – Facebook said on Friday it would reduce the distribution of all content and profiles run by Myanmar’s military, saying they have “continued to spread misinformation”......

Dollar headed for weekly loss, bitcoin renews record above $48,000

Reuters
TOKYO (Reuters) – The dollar headed for its first losing week in three as new signs of weakness in the U.S. jobs market dented investor expectations about the pace of a pandemic recovery. FILE PHOTO: A representation of virtual currency Bitcoin and U.S. One Dollar banknotes are seen in front......

Bitcoin surges to all-time high after BNY Mellon embraces cryptocurrencies

Reuters
FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken Dec. 8, 2017. REUTERS/Benoit Tessier LONDON (Reuters) – Bitcoin on Thursday jumped over 8% to an all-time high of $48,481 after Bank of NY Mellon said it had formed a new unit to help......

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