Oil prices rose on Wednesday, supported by an OECD forecast for on global economic recovery and by OPEC+ oil output curbs, though gains were capped by rising U.S. inventories.
Crude oil in storage at major land and sea hubs rose last week, analysts and ship trackers said, as a build-up in China and the U.S. Gulf Coast reflected oil markets' bumpy road to recovery.
Alliance Global Signs Exclusive Distribution Agreement with Agena Bioscience
DUBAI, UAE, March 10, 2021 /PRNewswire/ Agena Bioscience, the global manufacturer of the MassARRAY System for targeted genetic analysis has signed an exclusive distribution agreement with Alliance Global (AGBL Group) to bring the MassARRAY technology to many emerging markets across the Middle East, Africa, and Central Asia. With their extensive biomedical distribution network, AGBL is an ideal partner to bring our high-throughput, low-cost, targeted genotyping solution to these emerging healthcare markets, said Roman Haehn, Senior Vice President of Commercial Operations at Agena Bioscience. We are very pleased to partner with AGBL for their comprehensive commercial coverage in the life science and clinical diagnostics markets.
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NEW YORK (Reuters) - The dollar edged lower on Wednesday following a tame U.S. inflation report and a tepid auction of benchmark 10-year Treasury notes, while riskier currencies like the Australian and New Zealand dollars rose on improving global growth prospects.
FILE PHOTO: U.S. one dollar banknotes are seen in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration
U.S. consumer prices posted their biggest annual gain in a year, though underlying inflation remained tepid amid sluggish demand for services like airline travel, the data showed.
The move was largely in line with economists’ expectations, though core inflation rose 0.1% versus market forecasts for a 0.2% rise.