Jean-Pierre Thomas becomes Rusal’s new board chairman as part of deal with U.S.
Russian aluminium company Rusal said on Friday that its board of directors has elected Jean-Pierre Thomas as its new chairman as part of an agreed restructuring in exchange for the lifting of U.S. sanctions.
Green Growth Brands to launch hostile bid for pot producer Aphria
U.S. cannabis company Green Growth Brands Ltd said on Thursday it would make a takeover bid for Aphria Inc , valuing the Canadian pot producer at C$2.8 billion ($2.06 billion).
Oil prices slide as concerns about global economy, oversupply weigh
Oil prices fell on Thursday, retreating from an 8 percent rally in the previous session as the oil market focused on signs of faltering global economic growth and record production of crude.
Lockheed Martin wins $712 million U.S. defense contract: Pentagon
Lockheed Martin Corp has been awarded a $712 million U.S. defense contract for the development of advanced hardware in support of the F-35 Lightning II aircraft, the Pentagon said on Thursday.
Second dramatic day for global stocks ends on high note
A wild Christmas week ride in global markets continued on Thursday as stocks rallied from significant losses to post gains for the day.
Exclusive: Chile to delay arbitration with top lithium producer Albemarle
Chile will delay a previously announced arbitration with Albemarle Corp , the world’s top lithium producer, in anticipation that the U.S.-based miner will make a new offer to bring it into compliance with a 2016 contract, a source close to the negotiat…
Wall Street roars back late to keep rally going
U.S. stocks roared back to end in positive territory on Thursday following steep losses for much of the session, as equities rebounded for a second day.
Dow, S&P 500 turn positive late in session
The S&P 500 and Dow industrials turned positive late in the session on Thursday, roaring back after steep losses for most of the day, helped by gains in technology and health stocks.
Oil prices drop as U.S. stock markets retreat
Oil prices fell on Thursday, retreating from an 8 percent rally in the previous session as Wall Street stocks also fell and the oil market focused on signs of faltering global economic growth and record production of crude.
Wall St. retreats after consumer data sparks worries
U.S. stocks retreated on Thursday a day after massive gains as the sharpest drop in U.S. consumer confidence in years raised fresh concerns about the economy.
