christmas

EU’s Dombrovskis says Greek pension payout ‘complicated’ review talks

Greece's decision to give pensioners a one-off bonus has delayed the conclusion of its second bailout review but an agreement can still be reached in the coming months, EU Commission Vice-President Valdis Dombrovskis was quoted as saying on Saturday. Greece angered its lenders this month by announcing it would spend about 600 million euros on a Christmas…

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EU’s Dombrovskis says Greek pension payout ‘complicated’ review talks

christmas

Oil prices weaken post-Christmas, U.S. crude defends premium over Brent

By Henning Gloystein SINGAPORE (Reuters) – Oil prices fell on Monday after the long Christmas weekend, with U.S. crudes defending a newly gained premium over internationally traded Brent contracts. Brent was down 18 cents at $17.71 a barrel, meaning that U.S. crude defended a premium it gained over the globally traded benchmark last week. “Markets are generally weak, so the trend remains for lower prices, but do watch out for sharp moves in the low liquidity days between Christmas and New Year,” one

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Oil prices weaken post-Christmas, U.S. crude defends premium over Brent

christmas

U.S. retailers at risk of missing modest holiday sales goals

CHICAGO/NEW YORK (Reuters) – Retailers are struggling to meet even modest forecasts for the holiday shopping season this year after the “Super Saturday” before Christmas failed to live up to its nickname, industry research groups said. The last Saturday before Christmas often sets the annual record for retail sales, vying with Thanksgiving weekend's Black Friday. This year Super Saturday weekend sales in stores and

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U.S. retailers at risk of missing modest holiday sales goals