Exclusive: Exxon eyes UK North Sea exit after 50-year presence – sources
Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and gas basin as it focuses...
Scout24 can afford leverage ratio of up to 3.5 for buybacks: CEO
German classifieds group Scout24 can cope with a higher long-term leverage ratio of up to 3.5 times core earnings to fund greater capital return to...
Scout24 to explore sale or spin-off of autos platform
German classified listings group Scout24 said on Tuesday it would explore a sale or spin-off of its autos platform after facing calls from activist investor...
Oil drops on demand concerns, rising U.S. shale output
Oil prices dropped on Tuesday after see-sawing throughout the session as lingering concerns over global demand and rising U.S. output offset expectations for major producers...
Futures slide amid geopolitical tensions, trade worries
U.S. stock index futures fell on Tuesday, tracking a global shift out of riskier assets, as investors grappled with simmering geopolitical tensions and fears of...
As Barneys struggles, fashion vendors try on alternative channels
When fashion label Prada started demanding greater control over shop floor arrangements in U.S. department stores, Barneys New York, now mired in bankruptcy proceedings, was...
Oil rises on talk of more OPEC cuts, demand concerns linger
Oil prices edged higher on Tuesday as expectations for major producers to further curtail output offset lingering concerns over global demand and rising U.S. production....
Exclusive: Yuan at right level, disorderly capital flows unlikely – China central bank official
China’s yuan is at an appropriate level currently and two-way fluctuations in the currency will not necessarily cause disorderly capital flows, a senior official at...
Reliance shares see biggest intraday gain in a decade; rivals hit by disruption fears
Reliance Industries shares saw their biggest intraday rise in more than a decade on Tuesday, after the company set a target to reach zero net...
Shares shunted after Argentina crash, safe-havens shine
Share markets fell for a third straight day on Tuesday as fears about a drawn out global trade war, protests in Hong Kong and a...