Markets
Oil rises to touch $52 after Trump signs aid bill
Oil steadied - after posting its first weekly loss since October - as pessimism over a new strain of Covid-19 that's threatening more travel restrictions was balanced by the passage of a US stimulus bill into law. Money managers raised their net-long U.S. crude futures and options positions in the week to December 21, the U.S. Commodity Futures Trading Commission said on Monday. [Full Article...]
More Than 190000 Ceiling Fans Recalled Because Blades May Fly Off
When they became aware of the issue, the retailer said it "voluntarily recalled the product and stopped sales". Anyone who has this ceiling fan with the model number 71918 or 71919 is at risk, but fortunately there have been no reports of incident or injuries in Canada so far. [Full Article...]
Trump’s capitulation on pandemic relief is no cause for celebration
Without Trump's signature or passage of a stopgap measure to fund operations, a partial government shutdown would have begun Tuesday. - Lawmakers on Monday will seek to override President Donald Trump's recent veto of a $740 billion defense bill. [Full Article...]
Gold rises Rs 185, silver jumps by Rs 1322
HDFC securities Senior Analyst (Commodities) Tapan Patel also asserted that gold prices will rise in 2021 in India as it got additional support from rupee depreciation against the dollar during the year as spot rupee was down by around three per cent year-to-date. [Full Article...]
United States stocks open higher to enter last week of 2020_china
His signature helped to clear away uncertainty as reinstated travel and business curbs threaten to weigh on global economic activity. The Nasdaq composite rose 0.3 percent, to 12,804.73. Australian markets were closed. In the last month investors have also been encouraged by the development of the COVID-19 vaccines, but that was slowed by the emergence of a more contagious variant of the virus i... [Full Article...]
House passes bill to hike stimulus payments to American households
President Donald Trump planned to sign the $2.3 trillion COVID-19 relief and government funding bill into law on Christmas Eve, assuaging a nation battered by the pandemic with more economic help. A two-thirds vote in both chambers is required to override a presidential veto. Trump has criticized the defense bill on several fronts, arguing without explanation that the bill benefits China. [Full Article...]
'AstraZeneca vaccine effective against new variant'
Britain's Department of Health confirmed on Sunday that the UK's medicine regulator the Medicines and Healthcare Regulatory Agency (MHRA) requires time to carry out its review of the data of the Oxford-AstraZeneca ( AZN ) coronavirus vaccine . [Full Article...]
Only 500 new COVID cases in Alberta, but fewer tests conducted
Alberta had last recorded fewer than 1,000 infections in a day on November 17, when there were 730 new cases. There have been no updates on deaths from COVID-19 for the past few days. According to the province's official COVID-19 statistics, there are 17,821 active COVID-19 cases, and there are now 821 people in hospital due to the virus, with 146 of those cases in the ICU. [Full Article...]