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Commodities
Yahoo Finance

Trump Blesses Oracle’s TikTok Deal, Delays App Store Ban

View photos (Bloomberg) — Donald Trump gave his blessing to Oracle Corp.’s bid for the American operations of TikTok, putting the popular video-sharing app on course to escape a U.S. ban imposed as part of his pressure campaign against China. “I approved the deal in

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Commodities
Yahoo Finance

Oracle Plans 12.5% Stake in TikTok Global; Forms Partnership

Bloomberg Perelman Selling Almost Everything as Pandemic Roils His Empire (Bloomberg) — Bit by bit, billionaire Ronald O. Perelman is parting with his treasures.His Gulfstream 650 is on the market. So is his 257-foot yacht. Movers hauled crates of art from his Upper East Side

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Commodities
MarketWatch

‘This is just slowing the clock on evictions’: Why the CDC’s moratorium on evictions won’t solve America’s looming $100 billion rental crisis

Public-health officials have enacted a nationwide moratorium on evictions to protect Americans from COVID-19. When the Centers for Disease Control and Prevention announced in early September that it was establishing a temporary ban on evictions across the country, the news was celebrated by housing advocates

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Commodities
Kitco News

The other reason why China is increasing base metal demand

High gold prices are leading to demand drop off in China, said Samson Li, Senior Precious Metals Analyst at Thomson Reuters GFMS. Li spoke to Kitco on Thursday Hong Kong time. Li noted that the Chinese gold price has been heavily discounted compared to international

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Commodities
Kitco News

How silver’s 50% rally in 2020 has transformed the industry

[embedded content] The rapid rise of gold and silver prices have caused valuations from miners as well as their exploration budgets to expand, but the industry is yet to see its full potential as the lockdowns have prevented silver companies from generating free cash flow

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Commodities
Andreas Exarheas

Permian in for Bright Future and More

Here are some of Rigzone’s top upstream stories during the last week, just in case you missed them… Permian in for Prosperous and Bright Future According to a new report from the Permian Strategic Partnership, the Permian Basin’s future is prosperous and bright. The report

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Commodities
Matthew V. Veazey

Baker Hughes Reveals US Rig Gain

The U.S. rotary rig count increased by one over the past week to hit the 255-unit mark, Baker Hughes Co. (NYSE: BKR) reported Friday. In its weekly count of operating rigs, Baker Hughes noted that 179 of the U.S. drilling units were oil rigs –

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