Oil steadies as Cushing drawdown faces trade worries
Oil prices steadied on Monday after industry data showed a drop in stocks at Cushing, Oklahoma, but trade concerns weighed after U.S. President Donald Trump appeared to downplay reports of an imminent lifting of tariffs on China.
Exclusive: Occidental seeks up to $700 million for Anadarko assets in Wyoming, Colorado – sources
Occidental Petroleum Corp is soliciting bids for oil and gas properties in Wyoming and Colorado that it acquired when it purchased Anadarko Petroleum, hoping the assets will fetch up to $700 million, according to people familiar with the matter.
Dollar, stocks slip amid trade deal uncertainty
The dollar slid and global equity markets fell on Monday after U.S. President Donald Trump’s remarks over the weekend dashed investor optimism that Washington and Beijing would soon reach a deal to end their debilitating trade war.
Smaller, thinner, less sweet snacks? Mondelez makes health drive
Snack maker Mondelez will offer more treats in smaller portions and with less sugar, as the company behind Oreo cookies and Cadbury chocolate responds to consumer demands for healthier products, underlined by a survey released on Monday.
Wall Street falls as Trump, Hong Kong sour mood
Wall Street’s main indexes fell on Monday as comments by President Donald Trump dampened optimism around a U.S.-China trade deal, while escalating violence in Hong Kong added to investor concerns.
China’s Jingye Group agrees outline deal to rescue British Steel
China’s Jingye Group said on Monday it has reached a provisional deal to buy British Steel and promised to invest 1.2 billion pounds ($1.5 billion) over the next decade and save thousands of jobs.
Maersk’s head of operations Soren Toft steps down
Denmark’s Maersk said on Monday its Chief Operating Officer Soren Toft has decided to leave the company after two years at management level at the shipping group.
Google launches smart device in Brazil in new challenge to Amazon.com
Alphabet Inc’s Google is bringing to Brazil the latest version of its Google Nest Mini smart speaker, with plans to start selling it in major online and brick-and-mortar retailers in the country on Tuesday.
Trump to meet with vaping industry on vaping, e-cigarettes
U.S. President Donald Trump said on Monday he will be meeting with vaping industry officials as well as medical and political officials to discuss vaping and e-cigarettes, amid a nationwide outbreak of injuries and deaths linked to the products.
Wall Street opens lower as Trump, Hong Kong sour mood
U.S. stocks opened lower on Monday as comments by President Donald Trump dampened expectations around a U.S.-China trade deal, while escalating violence in Hong Kong added to investor worries.
