Oil Gains as Saudis Extend Output Cut, Hint at Deeper Reduction
Oil rose after Saudi Arabia prolonged its unilateral production cut by another month and hinted that deeper reductions may be on the way.
Oil rose after Saudi Arabia prolonged its unilateral production cut by another month and hinted that deeper reductions may be on the way.
The US Treasury’s move to ratchet up the size of its bill offerings is stoking concern that the deluge of supply will choke the market and threaten vital sources of funding.
A Long Island Rail Road train derailed in Queens on Thursday morning, injuring 13 people, with fire department crews responding at a scene that will delay train service this afternoon and possibly tomorrow morning.
Shares of Shopify Inc. dropped as investor concerns about long-term growth outweighed the Canadian e-commerce platform’s outlook for the current quarter.
Dressed in the gray suit of a private equity boss, but with a rose-tinted button-down shirt and a Washington Commanders lapel pin, Josh Harris said everything a new sports team owner is expected to say.
Myanmar’s junta chief Min Aung Hlaing on Thursday moved loyalists to key ministries in a cabinet shuffle following the extension of emergency rule earlier this week.
Long-shot presidential contender Will Hurd said Donald Trump, his rival for the Republican nomination, is only running to avoid prison as he urged the party to confront the frontrunner over his three criminal indictments.
Warner Bros. Discovery Inc. is close to offering an expanded slate of live sports on its Max streaming service and will probably require subscribers to pay extra to watch basketball, hockey and other events.
The Bank of America-led planned sale of about $500 million of blue bonds to finance a buyback of Gabon’s existing dollar-denominated bonds will be pushed back until at least Monday, according to people familiar with the matter.
An antibody to protect infants against RSV, a potentially dangerous lung infection, from AstraZeneca Plc and Sanofi will be priced at $495 a shot, company officials said Thursday at a meeting with government advisers.