Saudi Arabia has restored more than 75per cent of crude output lost after attacks on its facilities and will return to full volumes by early next week, a source briefed on the latest developments told Reuters on Monday.
MONTREAL: The chief of the U.S. Federal Aviation Administration is set to detail on Monday progress on the Boeing 737 MAX aircraft to international air regulators who are divided about returning the grounded jet to flight after two fatal crashes. The closed-door briefing, on the eve of a United...
Germany's Ceconomy , Europe’s biggest consumer electronics group, is in talks to resolve a long-running dispute with a major shareholder of subsidiary Media Saturn, people close to the matter said on Monday.
When asked about reports General Motors Co may turn its shuttered Lordstown, Ohio, plant into a battery factory, "Buffalo" Joe Nero snorts and points at the vast complex that until six months ago made the Chevrolet Cruze.
Oil prices rose to their highest in two sessions on Monday amid concerns about oil supply disruptions from Saudi Arabia and elevated tensions in Middle East.
Deutsche Bank's deal to transfer its prime brokerage business to BNP Paribas could see the move of up to 1,000 staff from the German lender to the French bank, a spokeswoman for BNP said on Monday.
Thomas Cook's collapse boosted shares in TUI and budget airlines easyJet and Ryanair on Monday as investors pinned hopes on the tour operator's closure cutting capacity in the saturated European holiday market.
Vivendi has decided not to exercise withdrawal rights over its Mediaset holding as a deadline to liquidate the stake in the Italian broadcaster expired at the weekend, two sources close to the matter said on Monday.
FRANKFURT: Condor, the German airline subsidiary of British travel giant Thomas Cook, said Monday (Sep 23) it was requesting financial aid from Berlin to help keep it in the air even after its parent company declared bankruptcy. Underlining that it had been "profitable for many years," the airline ...
INSURANCE tech (insurtech) firm Singlife on Monday clarified its marketing collateral for its recently launched Singlife account and debit card promotion to say that the funds in the Singlife account is protected only up to “specific limits”.
