Oil eases as U.S. drilling activity picks up
Oil prices fell on Monday after an increase in U.S. drilling activity, but held near recent three-month highs on hopes for a trade deal between the United States and China.
Oil prices fell on Monday after an increase in U.S. drilling activity, but held near recent three-month highs on hopes for a trade deal between the United States and China.
Oil fell on Monday after Russia said an OPEC-led pact may consider easing output cuts next year but prices held near recent three-month highs on hopes for a trade deal between the United States and China.
U.S. electric vehicle maker Tesla Inc and a group of China banks have agreed a new 10 billion yuan ($1.4 billion), five-year loan facility for the automaker's Shanghai car plant, three sources familiar with the matter said, part of which will be used to roll over an existing loan.
The head of Italy's central bank rebuffed criticism of its role in supervising struggling lender Banca Popolare di Bari and said in an interview published on Monday that it was ready to account for its actions.
The Irish High Court on Monday rejected Ryanair's attempt to prevent operations chief Peter Bellew from joining rival easyJet until 2021, saying a 12-month non-compete clause was unenforceable.
Cerberus, one of Deutsche Bank's largest shareholders, will no longer provide paid advice to the bank on how to run its business, a person with knowledge of the matter said on Monday, a role that has been criticized for potential conflicts of interest.
Credit Suisse on Monday admitted it was behind instructions to carry out surveillance on a second executive, after dismissing a previous similar incident as an "isolated event".
When Troy Prince landed on Wall Street, he soon realized that most of his coworkers didn't look like the people he grew up with in his Bronx, New York, neighborhood. Now he's trying to change that.
DraftKings, two other companies announce a merger that will make the sports entertainment company publicly traded.
World stocks hovered near record highs and currency markets were little changed on Monday as trading dwindled before the Christmas holiday and investors looked with confidence toward the new year.
U.S. stock index futures touched new record highs on Monday, as President Donald Trump said over the weekend that the United States and China would "very shortly" sign their so-called Phase One trade pact.
The Irish High Court on Monday rejected Ryanair's attempt to prevent operations chief Peter Bellew from joining rival easyJet until 2021, saying a 12-month non-compete clause was unenforceable.
Cutting interest rates appears to stimulate more than just the economy - Bank of England researchers say an extra 14,500 babies were born in 2009 after the central bank slashed borrowing costs during the global financial crisis.
The Bank of England has stepped up its monitoring of Lloyd's of London's whistleblowing systems, the central bank said on Monday, after reports this year about sexual harassment and bullying at the 330-year old insurance market.
Emaar Properties is selling the observation decks of the world's tallest skyscraper the Burj Khalifa, four sources told Reuters, potentially raising $1 billion for Dubai's biggest developer amid a real estate downturn.