U.S. snaps back Iran sanctions, grants oil waivers to China, seven others
The United States snapped sanctions back in place on Monday to choke off Iran’s oil and shipping industry, while temporarily allowing top customers such as China and India to keep buying crude from the Islamic Republic.
Lowe’s shuts 51 more stores in U.S., Canada
Home improvement chain Lowe’s Companies Inc announced the closure of another 51 underperforming stores in the United States and Canada on Monday as it strives to compete with rival Home Depot Inc in a slowing housing market.
Energy stocks lift S&P, Dow; Apple drags
The S&P 500 and the Dow Jones Industrial Average rose on Monday, supported by energy stocks and strong results from Berkshire Hathaway Inc, while a 3 percent drop in Apple Inc shares dragged down the Nasdaq.
U.S.’s Bolton says more sanctions on Iran coming: FBN interview
U.S. President Donald Trump’s national security adviser John Bolton said there will be additional U.S. sanctions on Iran after the Trump administration on Monday re-imposed oil and economic sanctions, but gave no other details.
Oil up as U.S. imposes sanctions on Iran, Tehran defiant
Oil prices rose on Monday after a steep five-day fall, as the United States formally imposed punitive sanctions on Iran but granted eight countries temporary waivers allowing them to keep buying oil from the Islamic Republic.
Senior official says Iran not concerned about reimposed U.S. sanctions
Iran is not concerned about reimposed U.S. sanctions and will not yield to pressure to change its policies, a senior Iranian official said on Monday.
Goldman says it is ahead of schedule on $5 billion revenue goal
Goldman Sachs Group Inc is ahead of its goal to generate $5 billion in additional annual revenue by 2020, having already achieved half that amount in the first nine months of this year, the Wall Street bank said on Monday.
U.S. imposes more sanctions on Iran, Tehran decries ‘bullying’
The United States announced a new raft of sanctions on Iran on Monday and threatened further action to pressure its old adversary, steps the Islamic Republic condemned as “economic war” and vowed to defy.
Senior Official says Iran not concerned about reimposed U.S. sanctions
Iran is not concerned about reimposed U.S. sanctions and will not yield to pressure to change its policies, a senior Iranian official said on Monday.
SWIFT says suspending some Iranian banks’ access to messaging system
The Belgium-based SWIFT financial messaging service said on Monday it is suspending some unspecified Iranian banks’ access to its messaging system in the interest of the stability and integrity of the global financial system.
