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Trump says he expects Russia, Saudis to cut oil production

Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who spoke with President Putin of Russia, & I …

Corporate debt loads a rising risk as virus hits economy

WASHINGTON — A gyrating stock market is seizing headlines as the coronavirus threatens corporate profits and economic growth. Yet it’s …

Oil prices jump as attack on Saudi plant jolts supply

Global energy prices spiked Monday by 15% after a weekend attack on key oil facilities in Saudi Arabia caused the …

Uber’s hyped up IPO hits a few potholes on its first day

NEW YORK — After much hype leading up to the largest initial public offering in five years, Uber hit a …

Ride hailing drivers expose financial unrest before Uber IPO

NEW YORK — The executives at Uber are working hard to design a future where the company earns billions of …

Anadarko opens Occidental buyout talks; Chevron in the wings

NEW YORK — Anadarko, which had snubbed Occidental’s buyout offer in favour of Chevron, is now resurrecting talks with its …

Uber looks to raise up to $9B in initial public offering

NEW YORK – Ride-hailing giant Uber is aiming to raise $9 billion in its mammoth initial public stock offering that, …

Iran sanctions send oil prices, supply concerns higher

NEW YORK — The Trump administration’s decision to impose sanctions on countries that buy Iranian oil is raising concerns about …

Uber reveals strong growth, huge losses ahead of IPO

SAN FRANCISCO — Uber is providing a look under the hood of its business in the lead-up to its hotly …

AP Explains: What a Venezuelan oil embargo could mean for US

NEW YORK — Diplomatic relations between U.S. and Venezuela have hit a new low over President Donald Trump’s decision to …

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