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Oil settles higher on Chinese factory data, U.S. stimulus hopes
August 18, 2020August 12, 2020 originalchristmasgiftcom

Oil settles higher on Chinese factory data, U.S. stimulus hopes

Business

Oil settled higher on Monday, supported by data suggesting Chinese factories were returning to pre-pandemic levels, signs of rising energy demand and hopes for an

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Equinor appoints new CEO to speed up renewable investments
August 17, 2020August 12, 2020 originalchristmasgiftcom

Equinor appoints new CEO to speed up renewable investments

Business

Equinor (EQNR.OL) has appointed Anders Opedal as its new chief executive as the Norwegian oil and gas group looks to speed up a move into

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Dollar gains after weeks of losses as investors focus on U.S. aid package
August 16, 2020August 12, 2020 originalchristmasgiftcom

Dollar gains after weeks of losses as investors focus on U.S. aid package

Business

The dollar rose on Monday, including against major currencies such as the euro and Swiss franc, as investors focused on the fiscal stimulus plan in

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Fiat Chrysler asks judge to deny GM request to reopen racketeering case
August 15, 2020August 12, 2020 originalchristmasgiftcom

Fiat Chrysler asks judge to deny GM request to reopen racketeering case

Business

Fiat Chrysler Automobiles NV (FCA) on Monday asked a U.S. federal judge to dismiss a request from General Motors Co to reinstate a racketeering lawsuit

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U.S. loan to Kodak will not proceed unless allegations cleared
August 14, 2020August 12, 2020 originalchristmasgiftcom

U.S. loan to Kodak will not proceed unless allegations cleared

Business

The U.S. government will not proceed with a $765 million loan to Eastman Kodak Co (KODK.N) to make drugs at its U.S. factories unless the

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Kodak shares plunge after U.S. blocks $765 million loan deal
August 13, 2020August 12, 2020 originalchristmasgiftcom

Kodak shares plunge after U.S. blocks $765 million loan deal

Business

Shares of Eastman Kodak Co (KODK.N) fell about 40% on Monday and were on track for their worst single-day decline after the U.S. government blocked

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Exxon Beaumont, Texas, union to ask for talks over planned 401k change
August 12, 2020 originalchristmasgiftcom

Exxon Beaumont, Texas, union to ask for talks over planned 401k change

Business

Unionized employees at Exxon Mobil Corp’s (XOM.N) refinery and chemical plant in Beaumont, Texas, will seek negotiations with the company over plans to suspend the

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