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OPEC and allies extend oil supply cut in bid to boost prices

OPEC and its allies led by Russia agreed to extend oil output cuts until March 2020 on Tuesday seeking to prop up the price of crude as the global economy weakens and U.S. production soars.



4 years ago

Credit Suisse wealth boss Khan quits in latest Thiam-era exit

Credit Suisse wealth management boss Iqbal Khan is leaving Switzerland's second-largest bank in the latest high-level departure under its chief executive Tidjane Thiam.



4 years ago

Bulgaria's Borissov says hopes for deal in EU top job summit fight

Prime Minister Boyko Borrisov said disagreement over the EU's top jobs had pitted nations against each other but that he hoped that EU leaders would find a way to unite behind a deal at a third day of talks on Tuesday.



4 years ago

EU says it is open to talks with U.S. in row over aircraft subsidies

The European Union said on Tuesday it is open to talks with United States in a row over aircraft subsidies but said figures quoted by Washington as it threatened more tariffs were based on internal U.S. estimates.



4 years ago

Divided EU leaders push to break stalemate on top jobs

Divided and tired, European Union leaders went into a third day of arm-wrestling on Tuesday over who would next hold the bloc's key posts, calling for unity but sounding as split as ever on the key Commission presidency.



4 years ago

France and Germany eye Lagarde for ECB and Von der Leyen for EC president: sources

German defense minister Ursula von der Leyen may end up as European Commission President while IMF head Christine Lagarde may become new president of the European Central Bank following an agreement between France and Germany, said sources.



4 years ago

Relief rally fades as growth fears loom

World stocks eked out meagre gains on Tuesday amid worries the global economy was faltering after data showed manufacturing activity slowed last month, weakening appetite for risk.



4 years ago

Merkel ally von der Leyen being considered for EU Commission head: Welt

Germany's Defence Minister Ursula von der Leyen is being touted by Donald Tusk, the president of the European Council, as a potential successor to Jean-Claude Juncker as head of the European Commission, Die Welt reported on Tuesday.



4 years ago

Oil dips on demand worries even as OPEC, allies extend cuts

Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by OPEC and allies, including Russia, to extend supply cuts until next March.



4 years ago

Facebook campus given all-clear after sarin scare

Facebook's Silicon Valley campus received the all-clear on Tuesday after fears that a package at its mail facility contained the nerve agent sarin.



4 years ago

Scotch Whisky Association urges U.S. and EU to end trade stand-off

The Scotch Whisky Association (SWA) urged the United States and the European Union on Tuesday to end a trade dispute after Washington threatened tariffs on $4 billion of goods including Scotland's most famous export.



4 years ago

This Fourth of July, Americans will shell out $1 billion on beer

If spending is any guide, this country's patriotic spirit is alive and well, with Americans coughing up nearly $7 billion on food for the grill this July 4.

4 years ago

Oil falls on demand worries even as OPEC, allies extend cuts

Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by OPEC and allies, including Russia, to extend supply cuts until next March.



4 years ago

AB InBev seeks $9.8 billion for Asia stake in world's largest 2019 IPO

Brewing giant Anheuser-Busch InBev NV (AB InBev) is seeking to raise up to $9.8 billion by listing its Asia-Pacific business in Hong Kong, marking what would be the world's largest initial public offering this year.



4 years ago

When an advisor has to deliver some bad news to a client

We asked nine financial advisors, including eight members of the CNBC Digital Financial Advisors Council, what was the worst news they ever had to tell a client.

4 years ago