Oil heads for 7% weekly gain after Saudi attacks
Oil prices were on track for their biggest weekly jump since January, lifted by rising Middle East tensions after a key Saudi Arabian supply hub...
Ryanair says its UK pilots cancel strikes
Ryanair pilots based in the United Kingdom have canceled five days of strikes set for this month, the low-cost airline said on Friday....
Wall Street opens slightly stronger amid stimulus hopes, easing trade tensions
U.S. stocks opened marginally higher on Friday as an interest rate cut by China’s central bank and signs of co-operation on trade between the world’s...
Saudi Aramco books European naphtha for Asia after attacks
Saudi Aramco has booked at least 120,000 tonnes of naphtha for September loading from Europe in a rare move as it seeks to plug a...
Saudi Aramco confident Khurais full output to resume by end-September
Saudi Aramco is confident full production will resume by the end of September from Khurais, one of two oil sites attacked on Sept. 14, a...
Commerzbank planning to cut 4,300 jobs as part of strategic review
Commerzbank on Friday announced that it was planning to cut 4,300 jobs as part of an overhaul and review of its strategy....
Mitsubishi says Singapore-based oil trader lost $320 million in unauthorized trades
Mitsubishi Corp , Japan’s biggest trading house by revenue, said on Friday a trader at its Singapore-based unit has lost $320 million through unauthorized transactions...
Commerzbank considers sale of Polish unit mBank: Handelsblatt
Germany’s Commerzbank is considering selling its Polish subsidiary mBank as part of a new strategy, daily Handelsblatt reported on Friday....
Netflix chief says ‘The Crown’ will look a bargain after streaming explosion
The boss of Netflix says the looming arrival of Apple , Disney and NBC to the global streaming market will push content costs to levels...
Stimulus soothes stocks as oil heads higher
World shares climbed on Friday as stimulus measures by major central banks eased worries about growth, especially in Asian markets, while oil headed for its...