Evidence points to Iranian hand in oil attack, says Saudi alliance, as prices soar
An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led coalition said on Monday, as President Donald Trump said the United States was “locked and loaded” to hit back….
Atlantia’s CEO set to step down as bridge probe darkens
The long-standing head of Italian infrastructure group Atlantia is ready to step down as a probe into a deadly bridge collapse snowballs, prompting its top shareholder, the Benetton family, to pull support, sources said on Monday.
Beleaguered U.S. energy shares soar after attacks on Saudi facilities
Shares of U.S. energy companies surged on Monday as a jump in oil prices in the wake of attacks on Saudi Arabia’s oil facilities gave new juice to a sector that has been a chronic underperformer.
Attacks on Saudi oil facilities – what will it mean for consumers?
The attack on Saudi facilities on Saturday caused the biggest oil supply disruption for more than 50 years. Here is what it could mean for consumers:
U.S. charges JPMorgan metals traders over alleged market manipulation
The Department of Justice charged two current and one former JPMorgan Chase & Co executives on Monday with alleged racketeering and manipulating prices of metals such as gold, silver, platinum and palladium between 2008 and 2016.
Wall Street hit by Saudi attacks; energy stocks temper losses
U.S. stocks fell on Monday on global growth worries after weekend attacks on Saudi Arabia’s crude facilities hit 5% of the world’s supply, but a sharp surge in crude prices lifted beaten-down energy stocks and kept losses in check.
Oil prices up 12% after attack on key Saudi oil facilities
Oil prices jumped roughly 12% on Monday after an attack on Saudi Arabian crude oil facilities over the weekend sliced the kingdom’s production in half and intensified concerns of retaliatory actions in the Middle East.
Evidence points to Iran weapons used in Saudi strike, says alliance, as oil jumps
An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led coalition said on Monday, as President Donald Trump said Washington was “locked and loaded” to hit back.
Cheers and honking horns greet first day of UAW strike against GM
Willie Elzy has been readying for a possible strike against General Motors Co for months and, pointing to a parking lot full of freshly built pickup trucks, he says it’s clear the automaker has been preparing too.
Workers picket GM plants as UAW contract talks resume
Negotiators for General Motors Co and the United Auto Workers were continuing talks Monday afternoon to resolve a strike that shut down the automaker’s highly profitable U.S. operations.
