[ad_1] Gold granules are seen in a gold refiner and bar manufacturer, Valcambi SA, in the city of Balerna, in southern Switzerland, on December 20, 2012. (Reuters photo ) SINGAPORE: Gold and silver rose after a strike against Saudi oil facilities raised the possibility of US military action in retaliation in the Middle East, investors … Read more
[ad_1] Saturday's attack on Saudi oil facilities reshuffles market expectations for next week All US indexes recorded a third weekly gain on Friday close Treasury yields climb for eighth day to six-week high US economic statistics improved, global monetary policy eased and hopes for a trade resolution seemed more likely, a critical facility on a … Read more
[ad_1] DETROIT (AP) – United Auto Workers union leaders have extended their contracts with Ford and Fiat Chrysler for an indefinite period, but the deal with General Motors is still about to expire on Saturday night. This, along with the growing investigation into corruption by union leaders, is putting additional pressure on negotiators on both … Read more
[ad_1] The drone attacks on two Saudi Aramco oil installations over the weekend destroyed half of the kingdom's crude output, about 5 percent of the world's supply. (Bloomberg peak) WASHINGTON: US President Donald Trump has authorized the release of oil from the country's emergency oil reserves following a series of drone attacks in Saudi Arabia … Read more
[ad_1] LONDON (Reuters) – An attack on Saudi oil facilities on Saturday would have upset half of the country's production capacity, making the United States the only real holder of the global supply cushion thanks to its ability to increase production or to relax sanctions against other major oil producers. Saudi Arabia has not yet … Read more
[ad_1] By Timothy Gardner WASHINGTON (Reuters) – The Trump administration announced on Saturday that it was ready to tap US oil reserves urgently, if necessary, after attacks in Saudi Arabia that blocked more than half of crude oil production of the world's largest oil exporter. The Yemeni Houthis lined up on Iran have claimed the … Read more
[ad_1] DETROIT (AP) – About 49,000 workers at General Motors' US plants plan to strike just before midnight on Sunday, but discussions between the United Auto Workers and the automaker will resume. About 200 union leaders from factories voted unanimously in favor of a walkout at a meeting Sunday morning in Detroit. The union leaders … Read more
[ad_1] The union's 46,000 hourly workers traveled to 31 GM plants and 21 other facilities in nine states, mainly in the center of the country. This is the biggest strike of any union against any business since the last strike at GM in 2007. The strike began at 23:59 Sunday night. The two parties did … Read more
[ad_1] BEIJING – Asian stock markets were mixed on Monday after soaring crude prices following the attack on Saudi Arabia's largest oil processing facility. Hong Kong's benchmark fell by 1.1%, while Seoul advanced and Shanghai and Sydney did not change much. Japanese markets were closed for holidays. The Shanghai Composite Index remained unchanged at 3,030.82 … Read more
[ad_1] The electronic cigarette vaporizer components and products are on display in a San Francisco store. | Justin Sullivan / Getty Images From Utah to New Jersey, President Donald Trump's plan to remove flavored electronic cigarettes from the market has helped strengthen long-standing plans to tackle teen vaping. And some states want to go further … Read more