Oil ticks up slightly as tentative U.S.-China hopes lend support
Oil prices inched up slightly on Monday after rising expectations of a U.S.-China trade deal boosted benchmarks in the previous session.
Trade deal hopes boost stocks as recession fears recede
World shares touched a 21-month high on Monday on signs that the United States and China could soon put an end to a damaging trade war as well as indications that the world may yet dodge an economic recession.
ECB denies report it is pressing Deutsche Bank’s CEO to split role
The European Central Bank denied on Monday a report in the Financial Times that it is putting pressure on Deutsche Bank’s Christian Sewing to give up his dual role as chief executive and investment bank head.
Saudi Aramco value in bank research varies by more than $1 trillion: sources
Valuations for Saudi Aramco vary by more than $1 trillion, according to fund managers who have seen banks’ research, underscoring the uncertainty hanging over what could be the world’s largest stock market listing.
Factbox: How TikTok, caught in U.S. regulatory crossfire, rose to global video stardom
Short video-sharing app TikTok has become the latest Chinese firm caught in U.S. regulatory crossfire, with Washington launching a national security review of its $1 billion acquisition of U.S. social media app Musical.ly.
China says Xi, Trump in continuous touch
Chinese President Xi Jinping and U.S. President Donald Trump have been in continuous touch through “various means”, China’s Foreign Ministry said on Monday, when asked when and where the two leaders might meet to ink a trade deal.
Equity trading to only get bloodier in Europe after Macquarie exit
Macquarie Group’s sudden exit from European and U.S. equity trading may just be the start of a large-scale retreat from the once-thriving business, as all but the biggest global banks struggle to make it pay.
Ryanair growth to stall as MAX jets delayed until at least March
Ryanair on Monday announced a further two-month delay to the start of its Boeing MAX 737 deliveries and warned it may have none of the jets to fly next summer, which would freeze growth of one of Europe’s fastest growing airlines.
Oil slips as concerns over economic data offset trade deal optimism
Oil prices eased on Monday as traders took profit ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.-China trade row that has hurt global economic growth and crimped energy demand.
China foreign ministry says Xi, Trump have been in touch all along
China’s Foreign Ministry said on Monday that President Xi Jinping and U.S. President Donald Trump have been in touch all along through various means, when asked when and where the two leaders might meet.
