Wall Street surges, propelled by the technological rebound

Wall Street surges, propelled by the technological rebound

Baker Hughes stumbles upon missing fourth-quarter earnings estimates Activist investor Elliott Management takes stake in Salesforce Tokens on track for biggest daily gain since November Indices up: Dow 0.98%, S&P 1.41%, Nasdaq 2.09%, NEW YORK, Jan 23 (Reuters) – Wall Street surged on Monday, led by tech stocks as investors embarked on an earnings-heavy week … Read more

Oil prices hit 7-week high on stronger Chinese outlook

Oil prices hit 7-week high on stronger Chinese outlook

Brent and US crude at highest since early December The G7 wants two price caps for Russian petroleum products Indian crude imports hit 5-month high in December NEW YORK, Jan 23 (Reuters) – Oil prices rose around 1% on Monday to a seven-week high, extending last week’s gains amid a stronger outlook thanks to an … Read more

Pakistan scrambles to restore power after second major grid outage in months

Pakistan scrambles to restore power after second major grid outage in months

ISLAMABAD, Jan 23 (Reuters) – Pakistan’s government said on Monday it was working to restore power to millions of people after a grid outage triggered the worst blackout in months and put highlight the weak infrastructure of the heavily indebted nation. Energy Minister Khurram Dastgir told reporters that an investigation had been opened into the … Read more

UK’s National Grid will pay people to use less energy during the cold snap

UK’s National Grid will pay people to use less energy during the cold snap

LONDON, Jan 23 (Reuters) – Britain’s National Grid (NG.L) said it would pay customers to use less electricity on Monday night and had asked for three coal-fired generators to be warmed up in case they are needed. the country is facing a cold snap. The group said it would activate a new program called Demand … Read more

More than 50 injured in Peru as protests cause ‘national chaos’

More than 50 injured in Peru as protests cause ‘national chaos’

LIMA, Jan 20 (Reuters) – Dozens of Peruvians were injured after tensions erupted again on Friday night as police clashed with protesters during anti-government protests that are spreading across the country. In the capital Lima, police used tear gas to repel protesters throwing glass bottles and rocks as fires burned in the streets, local television … Read more