Oil soars near 5% on easing U.S.-China trade tensions
Oil prices rose almost 5% on Tuesday after the United States said it would delay imposing a 10% tariff on certain Chinese products, easing concerns...
GM, Ford planning for possible economic downturn: executives
The top two U.S. automakers are preparing for a possible economic downturn, the companies said on Tuesday, as an ongoing trade war between Washington and...
Ryanair’s Irish pilots agree to talks as strike looms
Ryanair’s directly employed pilots in Ireland agreed to attend mediated talks starting on Wednesday to avert a strike their trade union said would go ahead...
U.S. regulators to drop accounting test in ‘Volcker’ rewrite: sources
U.S. regulators have circulated a new draft of the “Volcker Rule” that would further ease its requirements and scrap a proposed new test that had...
Exclusive: After 50 years in UK North Sea, Exxon eyes the exit – sources
Exxon Mobil is considering a sale of its assets in the British North Sea after more than 50 years in the oil and gas basin...
Boeing deliveries fall 38% in the first seven months of 2019
Boeing Co delivered 38% fewer planes in the first seven months of 2019 than the same period a year earlier, as the grounding and doubts...
Predicting the next U.S. recession
A protracted trade war between China and the United States, the world’s largest economies, and a deteriorating global growth outlook has left investors apprehensive about...
Apple leads Wall Street rally as U.S. delays on tariffs
U.S. stocks surged more than 1.5% on Tuesday after the Trump administration said it would delay 10% tariffs on some Chinese products, including laptops and...
Exclusive: Citgo to appoint new CEO to navigate political, legal turmoil – sources
Citgo Petroleum Corp has selected Carlos Jorda as its next chief executive, according to three people familiar with the matter, turning to a seasoned refinery...
Apple leads Wall Street surge as U.S. delays on tariffs
U.S. stocks surged almost 2% on Tuesday as the Trump administration said it would delay 10% tariffs on some Chinese products, including laptops and cell...