• The recovery faces two major labor market risks: Morning Brief

    The recovery faces two major labor market risks: Morning BriefTop news and what to watch in the markets on Friday, May 29, 2020.

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  • Exclusive: Russia’s Rosneft finds extended oil cuts painful – sources

    Exclusive: Russia's Rosneft finds extended oil cuts painful - sourcesRosneft does not have enough crude to ship to buyers with which it has long-term supply deals, making it hard for the Russian company to continue with record oil cuts beyond June, four sources familiar with the matter told Reuters on Thursday. Rosneft has told the energy ministry it would be difficult to maintain cuts to the end of the year, as it has had to cut shipments to major buyers, such as Glencore and Trafigura, despite good demand, two sources close to the talks said on condition of anonymity. “There is no doubt Rosneft will strictly fulfil all obligations under supply contracts with its foreign and Russian counterparties despite output cuts made by the company as a part of OPEC+ deal,” Rosneft CEO Igor Sechin said in a statement on Friday.

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  • Stock market is almost back to where it was before all this coronavirus crap happened! Makes no FUCKING SENSE! How long can the government keep their Brrrrrrrrr infinite fucking money solution going for!?

  • 3 ASX 200 shares to watch this week

  • Why Fisher & Paykel Healthcare, Graincorp, Polynovo, & SEEK are dropping lower

  • ASX tourism shares on watch as government flags easing of coronavirus restrictions