U.S. charges Prudential subsidiaries for allegedly misleading 94 mutual funds
The top U.S. securities regulator on Monday said it had charged AST Investment Services Inc. and PGIM Investments LLC, subsidiaries of Prudential, for failing to...
Wall Street drops after Saudi attacks, energy stocks spike
Energy stocks spiked while the rest of Wall Street fell on Monday after weekend attacks on Saudi Arabia’s oil facilities added to investors’ concerns about...
Don’t expect oil shocks to move the Fed
The weekend bombings of Saudi Arabia’s main oil refinery have already sparked U.S. President Donald Trump to pressure the Federal Reserve anew to lower rates....
Oil rallies after attack on Saudi facilities, stocks slip
Oil prices jumped on Monday after attacks on crude facilities in Saudi Arabia sliced the kingdom’s production in half and sparked worries over the impact...
Morgan Stanley retains billing as top adviser in activist fights: Refinitiv data
Morgan Stanley ranked as the top financial adviser in activist campaigns during the first six months of 2019 while Goldman Sachs and Spotlight Advisors each...
Attacks on Saudi oil facilities – what will it mean for consumers?
The attacks on Saudi oil facilities on Saturday will drive up fuel prices worldwide in the world’s largest outage in 50 years. Here’s what it...
Beleaguered U.S. energy shares soar after attacks on Saudi facilities
Shares of U.S. energy companies surged on Monday, as a jump in oil prices in the wake of attacks on Saudi Arabia’s oil facilities gave...
Atlantia’s CEO set to step down as bridge probe darkens
The long-standing head of Italian infrastructure group Atlantia is ready to step down as a probe into a deadly bridge collapse snowballs, prompting its top...
Evidence points to Iranian hand in oil attack, says Saudi alliance, as prices soar
An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led...
Wall Street hit by Saudi attacks; energy stocks temper losses
U.S. stocks fell on Monday on global growth worries after weekend attacks on Saudi Arabia’s crude facilities hit 5% of the world’s supply, but a...