The coronavirus is a 'black swan' for oil and energy markets, says Ned Davis Research
Ned Davis Research said the coronavirus outbreak is a "black swan" event for the oil and energy space, and that there could be more downside ahead.
Ned Davis Research said the coronavirus outbreak is a "black swan" event for the oil and energy space, and that there could be more downside ahead.
President Donald Trump's $4.8 trillion budget plan for the coming fiscal year drew a prompt rejection on Monday from congressional Democrats, who said it betrayed his promise to protect popular health and safety-net programs.
President Donald Trump released his proposed budget, which assumes an extension of the individual tax cuts that were set to expire at the end of 2025. Here's what that means for you.
Oil prices fell to their lowest level since December 2018 on Monday on weaker Chinese demand in the wake of the coronavirus outbreak and as traders waited to see if Russia would join other producers in seeking further output cuts.
Austrian sensor specialist AMS made clear on Monday that it aims to secure a so-called domination agreement with Osram to allow it to use the lighting group's cash flow to pay back debt.
French carmaker Renault will grant its new chief executive, Luca de Meo, a pay package of around 5.8 million euros ($6.33 million), which is an increase of nearly 57 percent of what his predecessor was awarded last year.
Walmart de Mexico, the country's biggest retailer, said on Monday that sales at stores in Mexico open for more than a year rose 2.7% in January, compared with the same month last year.
Brookfield Infrastructure Partners LP could be a potential buyer of the Canadian government-owned Trans Mountain oil pipeline, a Stifel FirstEnergy analyst said, as the project expansion struggles with increasing costs arising from regulatory delays.
"They feel as though with the great yield on Exxon, it might be a good play, at least for a year or so," TD Ameritrade strategist JJ Kinahan told CNBC.
The S&P 500 and the Nasdaq closed at record highs on Monday as Chinese workers and factories slowly returned to business following a Lunar New Year holiday that was protracted by the deadly coronavirus outbreak.
The U.S. Transportation Department's Office of Inspector General said on Monday it will audit Federal Aviation Administration pilot training requirements for U.S. and foreign air carriers after two deadly crashes of Boeing's 737 MAX.
Caterpillar reopened most of its facilities in China on Monday after getting the go-ahead from the local government following the coronavirus outbreak, the company said.
A business dispute between the disgraced billionaire Batista brothers in Brazil and the heir to an Indonesian pulp and paper fortune is throwing a wrench in meatpacker JBS SA’s plans to list its international operations in the United States.
President Donald Trump's 2021 budget proposed $150 million for the creation of a U.S. uranium reserve as the administration seeks to help struggling producers of the fuel for nuclear power reactors.
President Donald Trump's $4.8 trillion budget plan for the coming fiscal year drew a prompt rejection on Monday from congressional Democrats, who said it betrayed his promise to protect popular health and safety-net programs.