Vitol faces possible $6 million fine for U.S. power market manipulation
Global energy trader Vitol faces a possible fine of $6 million from a U.S. energy regulator for alleged manipulation in California’s power market, an order from the regulator showed.
Oil at six-week high on Gulf of Mexico storm, Iran tensions
Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker in the Middle East highlighted tensions in the region.
Oil at six-week high on Gulf of Mexico storm, Iran tensions
Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker in the Middle East highlighted tensions in the region.
Stocks gain, dollar sags as Fed chief shores up rate cut prospects
World stocks rose, global bond yields fell and the dollar weakened after Federal Reserve Chairman Jerome Powell bolstered expectations the Fed would cut U.S. interest rates soon.
Stocks gain, dollar sags as Fed chief shores up rate cut prospects
World stocks rose, global bond yields fell and the dollar weakened after Federal Reserve Chairman Jerome Powell bolstered expectations the Fed would cut U.S. interest rates soon.
Reckitt to pay $1.4 billion to end long-running Indivior probes
Britain’s Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve all U.S. federal investigations into the sales and marketing of an opioid addiction treatment by its former prescription pharmaceuticals business Indivior .
Oil hits six-week high as rigs brace for Gulf of Mexico storm
Oil futures hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker in the Middle East highlighted ongoing tensions in the region.
Reckitt to pay $1.4 billion to end Indivior probe
Britain’s Reckitt Benckiser will pay up to $1.4 billion to resolve all U.S. federal investigations into the sales and marketing of an opioid addiction treatment by its former prescription pharmaceuticals business Indivior .
Tropical depression likely to form in Gulf of Mexico: U.S. NHC
A storm system in the Gulf of Mexico could develop into a tropical depression later on Thursday, likely bringing hurricane conditions across the north-central gulf coast over the next couple of days, the U.S. National Hurricane Center (NHC) said.
Risks aside, Trump’s team sees China trade stance as strength in 2020
As trade talks resume between China and the United States, President Donald Trump’s advisers are confident he can portray his stance against Beijing as a strength in the 2020 election, despite making concessions and having no deal in sight.
