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Global stocks, oil lead risk rally on U.S. stimulus hopes

Global shares rose for the fourth straight day on Tuesday and oil followed suit as hopes of fresh U.S. stimulus teed up a strong end to the year for riskier assets. The MSCI World Index was up 0.3% at 0751 GMT, extending recent gains after gains in Asia, where Japanese stocks hit a 30-year...

Battle over $2,000 COVID-19 aid checks shifts to U.S. Senate

An unusual battle in Congress over President Donald Trump’s demand for $2,000 coronavirus aid checks for Americans shifts on Tuesday to the Senate, where Republicans opposed to higher spending are under pressure to approve the additional relief. The Democratic-led House of Representatives...

Oil prices flat as U.S. stimulus counters weak demand

Oil was little changed on Monday as optimism over the U.S. stimulus package and the start of a European vaccination campaign was offset by weak demand and the prospect of higher OPEC+ output. After U.S. President Donald Trump backed down from a threat to block a $2.3 trillion package to...