Energy industry

1010 WINS Newsroom
May 07, 2020 - 5:10 am
COPENHAGEN, Denmark (AP) — Norway’s central bank has cut its key policy rate by a quarter percentage point to 0% as the economy is slammed by the combination of the coronavirus pandemic and a recent plunge in the price of oil. “The uncertainty surrounding developments ahead is unusually high,”...
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1010 WINS Newsroom
May 06, 2020 - 9:55 pm
BAGHDAD (AP) — Iraq’s former spy chief was sworn in as prime minister by lawmakers early Thursday after weeks of tense political negotiations as the country faces a severe economic crisis spurred by plummeting oil prices and the coronavirus pandemic. The majority of 255 legislators attending the...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 6, 2020. Asian stock markets were mixed Wednesday as hopes for a global economic recovery rose after more governments eased anti-virus controls. (AP Photo/Ahn Young-joon)
1010 WINS Newsroom
May 06, 2020 - 4:36 pm
Stocks fell on Wall Street Wednesday, sending the market to its first loss in three days, after more depressing data rolled in on the devastation sweeping the global economy. The S&P 500 dropped 0.7%, and three out of four stocks in the index sank. But the market’s losses would have been much...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 6, 2020. Asian stock markets were mixed Wednesday as hopes for a global economic recovery rose after more governments eased anti-virus controls. (AP Photo/Ahn Young-joon)
1010 WINS Newsroom
May 05, 2020 - 11:45 pm
Asian stock markets were mixed Wednesday as hopes for a global economic recovery rose after more governments eased anti-virus controls. Benchmarks in Shanghai and Sydney declined while Hong Kong, Seoul and Southeast Asia followed Wall Street higher. Japanese markets were closed for a holiday...
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1010 WINS Newsroom
May 05, 2020 - 5:35 pm
NEW YORK (AP) — Texas regulators are relaxing rules about where companies can store oil underground, raising concern among environmentalists about potential groundwater contamination and other dangers. The members of the Railroad Commission of Texas voted Tuesday to allow companies to store oil...
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People wearing face masks walk past a bank electronic board showing the Hong Kong share index Tuesday, May 5, 2020. Shares advanced in Asia early Tuesday after Wall Street shook off a weak start and ended with modest gains thanks to another solid showing from big technology companies. (AP Photo/Vincent Yu)
1010 WINS Newsroom
May 05, 2020 - 12:13 am
BANGKOK (AP) — Shares advanced in Asia early Tuesday after Wall Street shook off a weak start and ended with modest gains thanks to another solid showing from big technology companies. Shares rose in Hong Kong, Sydney and Singapore. Markets in Shanghai and Tokyo were closed for a holiday. Wall...
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FILE - This Dec. 24, 2018, file photo shows the Federal Reserve building during a partial government shutdown in Washington. The Federal Reserve said Thursday, April 23, 2020, that it will provide monthly reports on several of its economic rescue programs supported by the $2 trillion rescue program passed by Congress. (AP Photo/Manuel Balce Ceneta, File)
1010 WINS Newsroom
May 04, 2020 - 4:03 pm
WASHINGTON (AP) — With the U.S. economy sinking into a severe recession, the Federal Reserve is set to launch a high-risk program through which it will lend money to small and medium-sized companies outside the banking industry for the first time since the Great Depression. More than the eight...
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1010 WINS Newsroom
May 04, 2020 - 1:09 pm
ATHENS, Greece (AP) — Environmental groups in Greece are urging the public to join a campaign against plans by the center-right government to overhaul offshore oil and gas exploration rules, which authorities argue will help the country end its dependence on coal. The proposed changes are due to be...
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FILE - In this Tuesday, April 23, 2019 file photo, Kazakhstan's interim President Kassym-Jomart Tokayev, center, stands as former Kazakh President Nursultan Nazarbayev, right, and Dariga Nazarbayeva, daughter of Kazakhstan's former president Nursultan Nazarbayev, left, applaud to him during the Nur Otan party congress in Nur-Sultan, the capital city of Kazakhstan. The daughter of Kazakhstan's former president, once viewed as his heir-apparent, has been dismissed from her post as speaker of the country's senate. Dariga Nazarbayeva was removed Saturday, May 2, 2020 from the country's second-most-powerful position by an order from President Kassym-Jomart Tokayev; she also lost her seat in the senate. No reason was stated for the dismissal. (AP Photo, File)
1010 WINS Newsroom
May 04, 2020 - 7:04 am
MOSCOW (AP) — Kazakhstan's president on Monday put his aide in charge of the country's senate, moving to tighten his grip on power in the energy-rich Central Asian nation. President Kassym-Jomart Tokayev's move follows his decree stripping the daughter of his predecessor of the speaker's job over...
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1010 WINS Newsroom
May 04, 2020 - 5:11 am
WARSAW, Poland (AP) — Construction of a major gas pipeline from Norway is to begin in the coming days and will be a “milestone” in giving Poland independence from Russian gas, Polish President Andrzej Duda said Monday. Duda said that the Baltic Pipeline will be operational in October 2022 and its...
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