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coronvirus

Oil prices are falling again

2 mins read

The FINANCIAL – Oil prices are plunging again. Opec members wanted to bring next week’s Vienna meeting forward to late February, but Russia would not agree. The plunge in oil prices has clobbered energy stocks, which entered a bear market late last month. Oil prices fell for a sixth straight session on Friday and were on track for about a 12% weekly fall, the biggest in more than four years, as the spread of the coronavirus outside China raised fears of slowing global demand, CNBC reported. The oil market is hoping for steeper supply cuts by the Organization of the…

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Oil prices are falling again

2 mins read

The FINANCIAL – Oil prices are plunging again. Opec members wanted to bring next week’s Vienna meeting forward to late February, but Russia would not agree. The plunge in oil prices has clobbered energy stocks, which entered a bear market late last month. Oil prices fell for a sixth straight session on Friday and were…

Facebook cancels F8 developer conference will Apple do the same?

2 mins read

The FINANCIAL — Facebook announced that its annual developer conference, F8, will be canceled due to coronavirus fears. Instead of the F8 event the company would organize “a combo of locally hosted events, videos and live streamed content. Apple usually announces the dates for its WWDC events in March ahead of the conference itself typically held…