Oil prices slipped on Monday as China's economic outlook remained weak even as manufacturing data improved as an ongoing trade war with the United States weighs on demand growth at the world's largest crude importer.
China warned on Monday of instability in international markets from any "decoupling" of China and the United States, after sources said the Trump administration was considering delisting Chinese companies from U.S. stock exchanges.
Dubai Aerospace Enterprise favors expanding its fleet via a takeover of a rival after the group was unable to agree on a major order from Airbus and Boeing , its chief executive said.
AB InBev's Asia-Pacific unit , which raised about $5 billion after relaunching its IPO this month, rose more than 6% on its market debut in Hong Kong, easing concerns of the impact of ongoing anti-government protests on new share offerings.
World shares on Monday largely shrugged off reports that Washington is considering delisting Chinese companies from U.S. stock exchanges, with market players downplaying the likelihood of such radical escalation of the U.S.-China trade war.
Oil slipped on Monday as China's economic outlook remained weak even as manufacturing data improved, with an ongoing trade war with the United States weighing on demand growth for the world's largest crude importer.
When U.S. oil firm Talos Energy found nearly a billion barrels off Mexico's southern Gulf coast two years ago, it marked the first discovery by a foreign firm since the oil industry was nationalized eight decades earlier.
Britain's markets watchdog has fined insurer Prudential 24 million pounds ($29.39 million) for failures related to non-advised sales of annuities, it said on Monday.
Apple's "sales of its new line of iPhone are "stronger than muted expectations," J.P. Morgan said.
Shares on Monday largely shrugged off reports that Washington is considering delisting Chinese companies from U.S. stock exchanges, with market players downplaying the likelihood of such radical escalation of the U.S.-China trade war.
Britain's markets watchdog has fined the country's largest insurer Prudential 24 million pounds ($29.39 million) for failures related to non-advised sales of annuities, it said on Monday.
New Companies for Week Ending 9/29/2019
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Funding Report for Week Ending 9/29/2019
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Volkswagen on Monday rejected a German judge's call to settle a customer class action lawsuit over its rigging of diesel emissions tests, saying there was no case to answer.
McKinsey & Company | Johannes-Tobias Lorenz | Sep 30, 2019 In the past, speed was not critical for an insurer's success. The reality today is totally different. To flourish in the digital age, insurers must move swiftly—and decisively. For a long time, the traditional insurance business model proved remarkably resilient. A robust regulatory environment, limited