Oil moves higher, hovers below $40 as doubts emerge over next step on OPEC cuts
Oil ended slightly higher on Wednesday but remained below the session’s early highs above $40 a barrel, the highest since March, retreating as doubts emerged...
U.S. HR executives see working from home as part of new normal: survey
More than three out of four U.S. human resource executives think more employees will continue to work from home even after the threat of the...
Bacardi family member fights for reshuffle at spirits group
Monika Bacardi, a member of the family owning the maker of the eponymous rum, said her Liechtenstein-based trust was blocking her attempt to reshuffle the...
Delta will extend social distancing through Sept. 30
Delta Air Lines Inc said on Wednesday it will extend social distancing measures on its flights through Sept. 30 and will block the selection of...
Shares, euro climb on robust risk appetite as lockdowns ease
A gauge of global equity markets rose and the euro gained against the dollar on Wednesday, both for a seventh session, indicating strong risk appetite...
U.S. senators to announce sanctions bill on Russia’s Nord Stream 2 gas pipeline
Five U.S. senators are to announce legislation on Wednesday to expand sanctions on Russia’s Nord Stream 2, a natural gas pipeline that would increase exports...
Exclusive: Ex-Enron CEO Skilling launching new digital marketplace for oil investors – sources
Former Enron CEO Jeffrey Skilling, released last year after a 14-year prison term stemming from the energy firm’s collapse, is raising funds to launch a...
U.S. indicts Pilgrim’s Pride Corp CEO for alleged chicken price-fixing
The chief executive of Pilgrim’s Pride Corp, a major U.S. poultry company, was indicted along with three other current and former industry executives on charges...
Virus-hit U.S. state revenue could start slow recovery in third quarter: analysts
U.S. state tax revenue, which plunged due to the economic fallout from the coronavirus pandemic, could start to slowly recover this summer as long as...
New U.S. restrictions on 33 Chinese firms and institutions take effect June 5
The U.S Commerce Department said on Wednesday that new restrictions on 33 Chinese firms and institutions it announced last month will take effect Friday....