Markets
Denmark to stop pumping oil, gas in North Sea
Denmark has become the largest oil producer so far to set a finite deadline for ending oil and gas extraction, in an effort to meet some of the world's most ambitious climate targets. Denmark has been an early adopter of wind power, with more than a third of its electricity production deriving from wind turbines. Its Energy Agency estimated that production will be between 9% and 15% lower up to ... [Full Article...]
Canadian economy added 62,000 jobs in November, Statistics Canada says
The gains in November left the country 574,000 jobs short of recouping the approximately three million jobs lost from lockdowns in March and April that sent the unemployment rate skyrocketing to 13.7 per cent in May. It was the first increase in the industry since July. British Columbians are continuing to find jobs, the latest unemployment figures from Statistic's Canada show, even while the pr... [Full Article...]
MDH Reports 64 More COVID-19 Deaths, 5,588 New Cases
Those brought the total number of deaths in the tri-county area to 763. The counties with more than 100 new cases were: Bernalillo, 506; Doña Ana, 183; San Juan, 166; Chaves, 142; Lea, 135; Santa Fe, 126; McKinley, 123; and Sandoval, 108. [Full Article...]
Petrol prices on upswing, poised to breach all-time high across country (Ld)
In Mumbai, the petrol price on Friday was raised to ₹89.78 per litre from ₹89.52, while diesel rates went up from ₹79.66 to ₹79.93. Oil marketing companies in India resumed daily price revision from 20 November after almost a two-month hiatus. [Full Article...]
Mask rules relax in Victoria as home visits increase to 30
Wedding and funerals will now be allowed one person per two square metres with no attendance cap, however in-home weddings must adhere to the 30 person limit. But new Covid-safe conditions will apply. "This is the most human of activity, so you will finish up with cases, you will finish up with infections, the key challenge here is to have the most rigorous processes in place to manage that risk... [Full Article...]
Last-ditch post-Brexit trade talks to resume between EU, UK
Mr Harris told RTE's The Week In Politics programme: "It is good to keep talking, it is important to keep talking, but in many ways the hard issues have been the same hard issues from the start - it's about fair competition and fisheries ". [Full Article...]
Oil moves up towards $50/bbl after OPEC+ supply compromise
It means the group would move to output curbs by 7.2 million bpd early next year, compared with current cuts of 7.7 million bpd. The OPEC+ producers, however, failed to find a compromise on a broader and longer-term policy for the rest of next year. [Full Article...]
Gold on track for weekly gain as stimulus hopes dent US dollar
In Mumbai, the rate was Rs 49,140 according to the Good Returns website. At 10:00 am, gold futures for February delivery rose 0.56 percent to Rs 49,220 per 10 grams as against the previous close of Rs 48,947 and the opening price of Rs 49,147 on the MCX. [Full Article...]