Goldman trims Brent outlook to $30 per barrel

Source: Dukascopy Bank SA
Goldman Sachs trimmed its Q2 and Q3 forecasts for Brent price to $30 per barrel due to the Russia-Saudi Arabia oil price war and a major collapse in demand for crude oil amid the coronavirus outbreak that has claimed lives of over 3,500 people globally.
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Mon, 09 Mar 2020 09:18:55 GMT

Nissan's China car sales plunge 80% in February

Nissan Motor's vehicle sales in China, the carmaker's largest market, tumbled 80% to 15,111 units in February due to the coronavirus outbreak that sapped demand, the Japanese firm said on Monday.

Mon, 09 Mar 2020 07:37:33 GMT

CP Group to acquire Tesco's Thai, Malaysian businesses

Charoen Pokphand Group is set to acquire up to 86.9% of the British retailer Tesco's Thai business and 100% of its business in Malaysia in a deal worth $10.6B.

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