Oil prices dragged lower by sluggish demand, supply outlooks
Oil prices eased on Monday amid persistent concerns about the global economic outlook and the impact on oil demand, while Russia again missed its target to cut oil output last month.
Oil prices eased on Monday amid persistent concerns about the global economic outlook and the impact on oil demand, while Russia again missed its target to cut oil output last month.
Boeing Co said on Sunday it understood the outcry over leaked messages from a former test pilot over erratic software behavior on its 737 MAX jet two years before recent crashes, and added it was still investigating what they meant.
Gojek CEO and co-founder Nadiem Makarim said on Monday he had resigned to join Indonesia's cabinet, and the ride-hailing and payments company said two senior officials would jointly take over running operations of the $10 billion firm.
Oil prices largely held steady on Monday, recouping some early losses as investors took stock of global economic pressures that could impact oil demand.
Oil prices fell on Monday on concerns about slackening global demand that outweighed bullish signals from Europe, where fears of an economically damaging no-deal Brexit have eased.
World shares nudged higher on Monday, as hopes for progress towards resolving the U.S.-China trade war and a belief that Britain will avoid a disorderly exit from the European Union gave cause for riskier bets.
China is seeking $2.4 billion in retaliatory sanctions against the United States for non-compliance with a WTO ruling in a tariffs case dating to the Obama era, a document published on Monday showed.
Oilfield services provider Halliburton Co reported a 32% slump in quarterly profit on Monday, hit by a slowdown in shale drilling in North America, its biggest market.
Wall Street looked set to start the week on an upbeat note on Monday, as investors hoped for progress in resolving the U.S.-China trade war, but a fall in Boeing's shares kept a lid on early gains.
Investment Executive | Maddie Johnson | Oct 16, 2019 C.D. Howe calls for more regulatory barriers to be removed For years, Canada’s productivity growth has lagged many of its international peers, according to an upcoming report from the C.D. Howe Institute. And the financial services sector could play a vital role in reversing the trend.
Unizo Holdings said Monday it would continue talks with Blackstone Group and SoftBank-backed Fortress Investment Group on a potential takeover, raising the possibility of a bid battle between the two global buyout firms.
World shares rose on Monday, as hopes for resolving the U.S.-China trade war and a belief that Britain will avoid a disorderly exit from the European Union gave investors cause for riskier bets.
Some Wall Street analysts are starting to throw in the towel on Boeing after keeping buy ratings on the stock throughout the 737 Max debacle.
Companies are reining in their spending, especially when it comes to buybacks, and it could have a big impact on the direction of stocks.
Four drug companies reached a last-minute legal settlement over their role in the opioid addiction epidemic, a source said on Monday, just as a nine-week trial was scheduled to start in Cleveland.