The OPEC’s output hikes this year are largely a winding back of two years of supply cuts, as the cartel sought to gain a greater market share to offset the impact of weak oil prices. Crude prices ...
A recent U.S.-China trade deal helped spur some optimism over the Chinese economy, especially as the U.S. agreed to lower its trade tariffs on the country. But overall U.S. tariffs on China still ...
Investing.com-- U.S. President Donald Trump told CBS’ 60 Minutes that Nvidia will not be allowed to sell its most advanced artificial intelligence chips to China, but that the company will be allowed ...
Westpac also said it will sell its RAMS mortgage unit– worth at least A$21 billion– to a consortium including Pepper Money, KKR, and Pimco. The sale will be at a “slight premium to the gross loan ...
Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output and lacklustre demand offset geopolitical risks to supply, a Reuters poll showed. Estimates of oil market ...
Making some investors nervous, the rally has lifted the S&P 500’s forward price-to-earnings multiple above 23, putting the market’s valuation around its highest since the dot-com bubble 25 years ago, ...
U.S. stocks gain U.S. stocks rose, lead by the tech sector as investors cheered strong after-hours results from Apple and ...
The ascent of Google Cloud is shifting the balance of power inside Alphabet. Current and former executives told Reuters ...
Utilities tumbled 2.3%, marking the lowest activity since May 2018, as drought conditions hit hydroelectric generation. In the wood product manufacturing subsector, output fell 1.9% in August in the ...
HOUSTON (Reuters) - Chevron beat analyst estimates on Friday as record oil and gas production, boosted by its $55 billion ...
Investing.com -- Bank of America analyst Yuri Seliger told investors in a note this week that the surge in borrowing to fund ...
Spie SA (EPA:SPIE) shares fell more than 4% on Friday after the French technical services company reported ...
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