Oil drops after OPEC+output deal, but markets to stay tightBrent crude oil fell 1 percent on Monday as investors prepared for an extra 1 million barrels per day (bpd) in output to hit the markets after OPEC and its partners agreed to raise production. Despite...
EU watchdog tells banks to speed up Brexit preparationsBanks have failed to make enough progress on their Brexit preparations and should not expect “miracle” public intervention to help them, the European Union’s banking watchdog said on Monday. While Bri...
Waiting for Peter Thiel: big tech directors miss shareholder meetingsSome small investors who want to give a piece of their minds to big tech company directors are losing their only chance: many board members are skipping annual shareholder meetings. Companies that hol...
Nearly half of top EU businesses cut UK investmentA survey finds that almost half of European Union businesses have cut back on their investment in Britain since the country voted to leave the European Union two years ago. The report published Monday...
EU, China vow to uphold global trade order despite divisionsThe European Union and China pledged on Monday to uphold a rules-based international trade system, making an oblique criticism of growing protectionism in Washington despite their own disagreements. T...
China’s online service giant Meituan plans massive IPOChinese online services giant Meituan-Dianping filed for an initial public offering in Hong Kong on Monday, in what could become one of the the biggest IPOs of the year. The food delivery and restaura...
Australia’s Commonwealth to spin off wealth, mortgage armsCommonwealth, Australia’s biggest bank, announced plans Monday to spin off its wealth management and mortgage-broking arms as it tries to streamline operations and focus on core businesses. The troubl...