Oil prices rise 2% on optimism around OPEC+ output pact
Oil prices rose more than 2% on Monday as signs that fuel demand was recovering, while OPEC+ members were complying with a production cut deal,...
Stocks rebound on Fed debt program, oil recovers
A gauge of global equities rebounded on Monday after the Federal Reserve widened its program of buying corporate debt, while crude oil rebounded too on...
NYSE to reopen trading floor to some market makers on Wednesday
The New York Stock Exchange will allow a limited number of market makers to return to its trading floor on Wednesday, a spokesperson said, nearly...
IAG’s Walsh rejects lawmakers’ criticism over British Airways plan
British Airways is fighting for its survival and has acted lawfully, Willie Walsh, the chief executive of the airline’s owner IAG said on Monday, in...
Tesla negotiating incentives for possible Texas vehicle assembly plant: report
Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin,...
Wall Street jumps on Fed’s corporate bond purchase announcement
Wall Street jumped on Monday following an announcement by the U.S. Federal Reserve regarding its corporate bond purchasing program that boosted investor confidence, which had...
Six former eBay employees charged with cyberstalking Massachusetts couple
Six former eBay Inc employees have been criminally charged with cyberstalking a Massachusetts couple who published an online newsletter viewed as critical of the e-commerce...
Lufthansa seeking cuts equivalent to 22,000 positions
Lufthansa said on Monday it was seeking to strike agreements with worker representatives by June 22 on how to make cuts equivalent to 22,000 full-time...
BP wipes up to $17.5 billion from assets with bleaker oil outlook
BP will write off up to $17.5 billion from the value of its assets after cutting its long-term oil and gas price forecasts, betting the...
U.S. Supreme Court clears way for pipeline to cross Appalachian Trail
Ruling against environmentalists, the U.S. Supreme Court on Monday decided that the federal government has the authority to allow a proposed $7.5 billion natural gas...