Occidental to cut Western Midstream stake to reduce debt
Occidental Petroleum Corp said on Monday it would cut its majority stake in pipeline operator Western Midstream Partners LP to less than 50% in 2020,...
Louis Dreyfus owner pledged stake to raise $1 billion Credit Suisse loan
Margarita Louis-Dreyfus borrowed $1 billion from Credit Suisse last year to buy out minority shareholders of Louis Dreyfus Company (LDC), pledging her majority stake in...
Ford quarterly sales slip on slowdown in passenger cars demand
Ford Motor Co on Monday posted a 1.3% fall in fourth-quarter vehicle sales as soft demand for passenger cars outweighed stable sales of larger sport...
Oil inches up as Iran and United States trade threats
Oil prices edged up on Monday, after Brent touched above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in...
Alphabet, Amazon keep S&P afloat as Middle East tensions persist
Gains in Amazon and Alphabet helped New York’s S&P 500 stock index recoup early losses on Monday sparked by rising tensions in the Middle East....
Wall Street rattled by Middle East tensions, energy shares jump
U.S. stocks fell for a second session on Monday, led by financial and technology stocks, as escalating tensions between the United States and Iran pushed...
Aeromexico reaches compensation deal with Boeing over MAX crisis
Mexican airline Aeromexico said on Monday it had reached a compensation deal with Boeing Co related to the grounding of the planemaker’s 737 MAX aircraft,...
Oil tops $70 as Iran and Trump trade threats
Oil prices jumped by about 1% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions...
Mexico’s Aeromexico reaches compensation agreement with Boeing on MAX crisis
Mexican airline Aeromexico said on Monday it had reached a compensation agreement with Boeing Co in relation to the temporary grounding of the planemaker’s 737...
Wall Street opens lower on rising Middle East tensions
U.S. stocks opened lower on Monday as escalating tensions between the United States and Iran encouraged investors to seek refuge in safer assets such as...