[ad_1] SYDNEY (Reuters) – Oil surged to four-month highs on Monday after weekend attacks on crude facilities in Saudi Arabia sparked supply fears, while shares in Asia extended losses as bleak economic data from China
Oil surges as Saudi attack focuses market on supply risks
[ad_1] SEOUL (Reuters) – Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the start of the Gulf War in 1991, after an attack on Saudi Arabian oil facilities
Fed trades ‘remarkably positive’ for ‘no precedents’ after volatile year
[ad_1] WASHINGTON (Reuters) – A year ago, U.S. Federal Reserve Chair Jerome Powell held a “remarkably positive outlook” for an economy enjoying a “historically rare” combination of good news including low unemployment, steady inflation and
Aramco tells Indian refiner it will get oil: source
[ad_1] (Reuters) – Saudi Aramco has told one Indian refinery there will be no immediate impact on oil supplies as it will deliver crude from other sources and had adequate inventory, a source with the
Saudi, Gulf stocks fall after attacks on Aramco oil plants
[ad_1] DUBAI/RIYADH (Reuters) – Saudi stocks fell sharply on Sunday, after attacks on two plants at the heart of the kingdom’s oil industry a day earlier knocked out more than half of Saudi crude output.
After LSE’s sharp rebuff, HKEX begins investor charm offensive
[ad_1] LONDON (Reuters) – Hong Kong Exchanges and Clearing (0388.HK) is embarking on a three-week charm offensive with London Stock Exchange (LSE.L) investors as the Asian trading house tries to salvage its proposed $39 billion
EU warns of instability after Saudi oil attacks
[ad_1] Smoke is seen following a fire at an Aramco factory in Abqaiq, Saudi Arabia, September 14, 2019. REUTERS/Stringer BRUSSELS (Reuters) – The European Union warned on Sunday of a “real threat to regional security”
As talks falter, UAW calls first national strike against GM since 2007
[ad_1] DETROIT (Reuters) – The United Auto Workers (UAW) said on Sunday that its roughly 48,000 hourly workers at General Motors Co facilities would go on strike as of midnight Sunday after U.S. labor contract
Benetton holding says dismayed by road probe, hints at action
[ad_1] ROME (Reuters) – Edizione, the Benetton family holding company which has a controlling stake in Italian infrastructure group Atlantia, said at the weekend it was dismayed by revelations of alleged safety violations in its
Germany’s car watchdog sets Audi ultimatum to remove illegal diesel software: report
[ad_1] FILE PHOTO: Front of an A6 TDI diesel model of German car manufacturer Audi is pictured at a car wash in Hanau, Germany, October 16, 2018. REUTERS/Kai Pfaffenbach – RC1CE2ABE600/File Photo BERLIN (Reuters) –