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Oil prices fell about $1 a barrel on Monday as fears that Chinese oil crude consumption is slowing and OPEC may increase global supply overshadowed hopes that COVID-19 vaccinations and a U.S. economic stimulus package would increase fuel demand.
The global co-head of Goldman Sachs Group Inc's asset management arm, Eric Lane, is leaving the bank after more than two decades, according to a memo seen by Reuters on Monday.
The largest and oldest electric power cooperative in Texas filed for bankruptcy protection in Houston on Monday, citing a disputed $1.8 billion debt to the state's grid operator.
Global energy leaders and other luminaries like Microsoft co-founder Bill Gates bored in on the tough road to transforming world economies to a lower-carbon future at the kickoff of the all-virtual CERAWeek conference on Monday.
French luxury group Kering has taken a 5% stake in Vestiaire Collective, a leading platform for second-hand clothes and handbags, betting that the booming resale market will help it woo younger and more environmentally conscious shoppers.
An American father and son accused of helping former Nissan Motor Co Ltd Chairman Carlos Ghosn flee Japan are being handed over on Monday to Japanese authorities for extradition from the United States, a person familiar with the matter said.
U.S. Supreme Court justices on Monday signaled they may rein in the power of in-house judges serving on a U.S. Patent and Trademark Office tribunal who have the ability to cancel patents in a case involving a dispute between surgical device makers.
Exxon Mobil Corp on Monday named activist investor Jeffrey Ubben and former Comcast executive Michael Angelakis to its board amid a push by prominent shareholders for it to focus more on clean energy and improve its financial performance.
Democrats backed down from an effort to use President Joe Biden's $1.9 trillion coronavirus relief bill to raise the minimum wage to $15 an hour without Republican support, but that has not ended hopes of addressing the issue in Congress.
Last September, in the arid hills of northern Nevada, a cluster of flowers found nowhere else on earth died mysteriously overnight.
The U.S. Federal Trade Commission said on Monday it has ordered five e-cigarette companies including JUUL Labs and NJOY to turn over sales and advertising data.
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Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with the matter said.
AstraZeneca sold its stake in rival COVID-19 vaccine maker Moderna for roughly $1 billion over the course of last year as the Anglo-Swedish drugmaker cashed in on the meteoric rise in the U.S. company's shares.
U.S. manufacturing activity increased to a three-year high in February amid a surge in new orders, but factories continued to face higher costs for raw materials and other inputs as the pandemic drags on.
Global energy leaders and other luminaries like Microsoft co-founder Bill Gates bored in on the tough road to transforming world economies to a lower-carbon future at the kickoff of the all-virtual CERAWeek conference on Monday.