Oil closes in on four-month highs on OPEC cuts, U.S. stock draw
Oil prices rose to near four-month highs on Monday, supported by the prospect of extended OPEC-led oil supply curbs and signs of inventory declines in U.S. crude stockpiles.
Oil prices rose to near four-month highs on Monday, supported by the prospect of extended OPEC-led oil supply curbs and signs of inventory declines in U.S. crude stockpiles.
Transport Canada is re-examining the validation it gave Boeing Co’s 737 MAX jets, following reports of a U.S. probe into the aircraft’s certification by the Federal Aviation Administration (FAA), Canadian Transport Minister Marc Garneau said on Monday.
Kevin Tsujihara has resigned as the head of Warner Bros as one of Hollywood’s most powerful studios investigates a report that he improperly helped an actress obtain roles at the studio.
Banks helped lead Wall Street higher on Monday, while Boeing and Facebook were a drag and investors eyed this week’s Federal Reserve meeting for affirmation of its commitment to “patient” monetary policy.
Kevin Tsujihara has resigned as the head of Warner Bros as one of Hollywood’s most powerful studios investigates a report that he improperly helped an actress obtain roles at the studio.
Transport Canada is re-examining the validation it gave Boeing Co’s 737 MAX jets, following reports of a U.S. probe into the aircraft’s certification by the Federal Aviation Administration (FAA), Canadian Transport Minister Marc Garneau said on Monday.
More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets around the world have been taken out of service following two fatal crashes over the past five months in Ethiopia and Indonesia that killed almost 350 people in all.
Google is trying to boost price comparison rivals such as Kelkoo in an effort to appease European Union antitrust regulators and ward off fresh fines following a 2.4-billion-euro ($2.7 billion) penalty nearly two years ago.
Merger talks between Deutsche Bank and its smaller rival Commerzbank are a private commercial decision, the leader of the German centre-left SPD party, Andrea Nahles, said on Monday.
Wall Street edged higher on Monday as declines in Boeing and Facebook held gains in check and investors eyed this week’s Federal Reserve meeting for affirmation of the central bank’s commitment to “patient” monetary policy.
As Lyft Inc cruises toward an initial public offering this month, one of the big winners will be General Motors Co, whose stake in the ride-hailing firm could be worth as much as $1.27 billion.
Warner Bros Chairman and Chief Executive Kevin Tsujihara has resigned from one of Hollywood’s most powerful studios following a report that he improperly helped an actress obtain roles at the studio.
A U.S. judge on Monday rejected Rio Tinto Plc’s bid to dismiss a Securities and Exchange Commission lawsuit accusing the Anglo-Australian mining company of civil fraud in its handling of a failed investment in a Mozambique coal project.
U.S. prosecutors in Detroit on Monday charged a former high-ranking United Auto Workers official in charge of the labor union’s relations with Fiat Chrysler (FCA) of misusing funds for lavish purchases for himself and other union officials.
U.S. stocks flitted between gains and losses on Monday, with losses in Boeing and Facebook limiting gains while investors waited for the Federal Reserve’s policy meeting later this week for further clues on the pace of interest rate hikes.
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