Oil settles higher on Chinese factory data, U.S. stimulus hopes
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
Category: Business
Equinor appoints new CEO to speed up renewable investments
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
Dollar gains after weeks of losses as investors focus on U.S. aid package
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
Fiat Chrysler asks judge to deny GM request to reopen racketeering case
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
U.S. loan to Kodak will not proceed unless allegations cleared
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
Kodak shares plunge after U.S. blocks $765 million loan deal
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
Exxon Beaumont, Texas, union to ask for talks over planned 401k change
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