By Reuters Staff
(Updates prices)
TOKYO, April 1 (Reuters) - Crude prices rose on Thursday, recouping some of the previous session’s losses as hopes grew that OPEC and its allies later on Thursday would decide to keep curtailing production in place in the face of resurgent COVID-19 infections in some regions.
Brent crude for June delivery was up by 71 cents, or 1.1%, at $63.45 a barrel by 0326 GMT after falling 2.2% overnight. U.S. oil was up 71 cents, or 1.2%, at $59.87 a barrel, having dropped 2.3% on Wednesday.
Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia and Kazakhstan, a group called OPEC+, meet later on Thursday to consider options that include an output roll-over and a gradual output increase.
Paul Simon sells song catalogue to Sony for undisclosed sum Singer-songwriter joins Bob Dylan, Neil Young and more by cashing in on their intellectual property
about an hour ago
Paul Simon has sold his entire songwriting catalogue to Sony Music Publishing, in the latest blockbuster transaction in the music publishing business. Photograph: New York Times
Paul Simon has become the latest music star to cash in on their songbook, selling his catalogue to Sony for an undisclosed sum.
Announcing the deal, Simon said: “I’m pleased to have Sony Music Publishing be the custodian of my songs for the coming decades. I began my career at Columbia/Sony Records and it feels like a natural extension to be working with the publishing side as well.” Jon Platt, Sony Music Publishing’s chief executive, said it was an “incredible honour”.
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NEW YORK (Reuters) - Global equity markets surged on Thursday, with U.S. and European benchmark stock indexes setting record highs, on the back of the strongest manufacturing data around the world in decades and a drop in bond yields that lifted big tech shares.
FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid
U.S. President Joe Biden’s sweeping $2.3 trillion plan to rebuild America’s crumbling infrastructure added to investor enthusiasm, as did accelerating vaccine rollouts.
The dollar fell, easing off nearly three-year highs in the first quarter, while oil rose before a meeting of the Organization of Petroleum Exporting Countries and allies that was expected to keep supply tight.
Oil prices rose on Thursday on optimism about the strength of U.S and European economies and hopes that OPEC and its allies will keep production curbs in place.
Nestlé wins first prize at Living Global Compact Best Practice Sustainability Awards
Karachi
April 1, 2021
KARACHI: Nestlé Pakistan won the first prize at Living the Global Compact Best Practice Sustainability Awards 2020, for the fifth consecutive time, announced by local chapter of UN Global Compact Network Pakistan, for its continuous commitment towards UN SDGs and the ten principles of the UNGC embedded in the way it conducts business.
“This recognition signifies Nestlé Pakistan’s commitment and dedication to the UN SDGs. As a signatory to the UN Global Compact for Ethical Business, we are committed to the communities for mutual growth and sustainability,” said Samer Chedid, CEO Nestlé Pakistan on the occasion.