December 19, 2018

Wall St. turns negative after Fed press conference

U.S. stocks fell on Wednesday after the Federal Reserve’s forecast of fewer interest-rate increases in 2019 fell short of investors’ hopes of a more dovish monetary […]
December 19, 2018

El Sharara oilfield to reopen, Libyan government says

Libya’s biggest oilfield, El Sharara, will reopen, the country’s internationally recognized government said on Wednesday after Prime Minister Fayez al-Sarraj flew there to persuade protesters to […]
December 19, 2018

Exclusive: Exxon Mobil secured U.S. hardship waiver from biofuels laws – sources

The U.S. Environmental Protection Agency granted oil major Exxon Mobil Corp a financial hardship waiver this year temporarily freeing its Montana refinery from U.S. biofuel laws, […]
December 19, 2018

Payments company Square to re-apply for a bank license

Square Inc , the payments company led by Twitter Inc chief executive Jack Dorsey, is refiling its application with U.S. state and federal regulators for a […]
December 19, 2018

Elon Musk unveils his first Los Angeles-area tunnel

Billionaire entrepreneur Elon Musk made a brief public appearance late on Tuesday to unveil the first tunnel completed by the underground transit venture he launched two […]
December 19, 2018

Exclusive: Russia’s Deripaska prepares to cede control of Rusal, En+ – sources

Russian tycoon Oleg Deripaska is preparing to cede control of Rusal and its parent En+ , moving part of his En+ stake to a blind trust, […]
December 19, 2018

U.S. to lift sanctions on Oleg Deripaska’s Rusal and En+ in 30 days

The U.S. Treasury will lift sanctions on aluminum giant Rusal , its parent company En+ , and another firm tied to Russian businessman Oleg Deripaska, it […]
December 19, 2018

Brazil court ruling casts doubt over Petrobras asset sales

A Brazilian Supreme Court justice on Wednesday suspended a presidential decree establishing rules for Petroleo Brasileiro SA to sell upstream assets, casting a pall over the […]
December 19, 2018

Fed raises U.S. rates, signals tightening cycle nearing end

The U.S. Federal Reserve raised interest rates on Wednesday, as expected, but forecast fewer rate hikes next year and signaled its tightening cycle is nearing an […]
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