December 26, 2018

Special Report: Oil output goes AWOL in Venezuela as soldiers run PDVSA

Last July 6, Major General Manuel Quevedo joined his wife, a Catholic priest and a gathering of oil workers in prayer in a conference room at […]
December 26, 2018

Oil bounces after steep slide, but growth fears still weigh

Oil surged on Wednesday, erasing some of the steep losses that have taken crude benchmarks to lows not seen in 1-1/2 years on perceptions the price […]
December 26, 2018

Stocks and oil rebound after pre-holiday thumping

Stocks and oil prices rebounded on Wednesday as the Trump administration attempted to shore up confidence and markets welcomed a report on strong U.S. holiday spending. […]
December 26, 2018

U.S. stocks attempt rebound

U.S. stocks were attempting a modest rebound on Wednesday, boosted by technology shares and an Amazon-led jump in retailers, following four sessions of steep losses that […]
December 26, 2018

U.S. holiday shopping season best in six years: report

Sales in the 2018 U.S. holiday shopping season rose 5.1 percent to over $850 billion, the strongest in six years, according to a Mastercard report on […]
December 26, 2018

Morgan Stanley unit to pay $10 million fine for anti-money laundering violations

Wall Street’s industry funded watchdog fined the U.S. brokerage unit of Morgan Stanley $10 million on Wednesday for compliance failures in the firm’s anti-money laundering program, […]
December 26, 2018

Lawsuit against Boeing over Lion Air crash demands Chicago jury trial

The family of a man who was killed when a Lion Air flight crashed in October has sued Boeing Co, alleging the 737 MAX 8 aircraft […]
December 26, 2018

Facebook shares could hit $160 in 2019: Citron

Short-seller Citron Research on Wednesday backed Facebook Inc, saying the stock could hit $160 in 2019 as the company’s revenue and user base have seen little […]
December 26, 2018

Rusal board chairman quits as part of U.S. sanctions waiver deal

Russian aluminum company Rusal said on Wednesday that board chairman Matthias Warnig resigned as part of a restructuring it agreed to implement in exchange for a […]
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