DoubleLine’s Gundlach says U.S. Fed will embark on ‘QE lite’ ‘pretty soon’
Jeffrey Gundlach, chief executive of DoubleLine Capital, said on Tuesday that the repo market squeeze makes it more likely that the Federal Reserve will resume...
Saudi energy minister says no urgent OPEC meeting: Al Arabiya TV
There will be no urgent OPEC meeting, the Saudi energy minister Prince Abdulaziz bin Salman said, Al Arabiya television reported on Tuesday after the weekend...
Official says U.S. believes Saudi attacks came from southwest Iran
The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters on Tuesday,...
FAA to brief international regulators on status of Boeing 737 MAX
Federal Aviation Administration chief Steve Dickson has invited about 50 aviation safety regulators from around the world to a Sept. 23 informal briefing in Montreal...
U.S. Senators urge FTC to scrutinize multi-billion dollar pharma mergers
U.S. presidential hopeful Amy Klobuchar on Tuesday led a letter by U.S. senators that urged the Federal Trade Commission (FTC) to closely scrutinize pharma mergers,...
From underpants to oat drink makers, Citigroup courts startups for growth
At an event hosted by Citigroup Inc this month, its dealmakers sat executives from major consumer-product companies alongside rivals trying to disrupt their businesses....
Oil plummets 6% as Saudi oil minister says production fully restored
Oil prices dropped about 6% on Tuesday after Saudi Arabia’s energy minister said the kingdom has fully restored its oil production hit by an attack...
U.S. official says Washington believes Saudi attacks came from southwest Iran
The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters on Tuesday....
Oil plummets 6% as Saudi says oil production fully restored
Oil prices dropped about 6% on Tuesday after Saudi Arabia’s energy minister said the kingdom has fully restored its oil production hit by an attack...
Saudi Arabia’s oil supply fully back online: energy minister
Saudi Arabia’s oil supply is fully back online after weekend attacks halved output and the kingdom will achieve 11 million barrels per day (bpd) capacity...