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U.S. Stocks Strike Record Highs, Oil Hits 13-Month Peaks

U.S. stocks struck fresh record highs Wednesday as trading got underway amid stimulus hopes, while oil prices hit 13-month highs.

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Russia Eyes Measures to Tackle Migrant Labor Shortage

Russia said Wednesday it was looking to simplify entry requirements for migrant workers, to aid industries like construction and agriculture that are facing labor shortages due to the pandemic.

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Virus Deals Biggest Blow to German Exports since 2009

German exports fell more than 9.0 percent in 2020, official data showed Tuesday, with the coronavirus pandemic sparking the biggest drop in over a decade for Europe's biggest economy.

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Brent Breaks $60 a Barrel on Oil Demand Recovery Hopes

Brent oil prices Monday shot past $60 a barrel for the first time in more than a year Monday with investors growing increasingly optimistic about demand as the global economy recovers from the coronavirus pandemic.

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Oil Giant Shell Dives into $21.7 bn Loss in 2020 

Royal Dutch Shell dived into a net loss of $21.7 billion in 2020, the oil giant announced Thursday, as the coronavirus pandemic slashed global energy demand.

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Hong Kong Stocks End Down after Three-day Rally

Hong Kong stocks fell Thursday as investors took a breather following a healthy three-day rally, with tech firms hurt after Joe Biden's nominee as commerce secretary indicated she would not remove telecoms giant Huawei from a US trade blacklist.

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Amazon's Bezos, Latest Tycoon to Pursue His 'Passion'

Bill Gates set out to heal the world. His Microsoft co-founder Paul Allen bought sports teams. Ted Turner raced yachts. And Donald Trump went into politics.

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Indian Celebrities Slam Rihanna for Farmers' Protest Tweet

Indian celebrities on Wednesday hit back at pop superstar Rihanna and climate activist Greta Thunberg for making social media comments about mass farmers' protests.

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Biggest UK Companies Have No Black Top Executives

Britain's biggest businesses have very few ethnic minorities in the boardroom -- and no black top executives, according to research published Wednesday.

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Tiny Houses: Turkish Tourism Thinks Small in Covid Era

Gizem Baburhan stepped into a tiny house on wheels she rented in the Aegean vineyards and saw the future of Turkey's coronavirus-ravaged tourism industry.

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