Oil drops as oversupply, economic growth worries weigh

Oil prices fell more than 2 percent on Monday, with U.S. crude hitting the lowest since September 2017, on signs of oversupply in the United States and as investor sentiment remained under pressure from concern over global economic growth and fuel demand.

Goldman Sachs fires back after Malaysia charges bank in 1MDB probe

Malaysia on Monday filed criminal charges against Goldman Sachs Group Inc related to its dealings with the sovereign wealth fund 1MDB, and Goldman Sachs fired back that the previous Malaysian government had lied to the investment bank.

U.S. healthcare stocks drop after judge rules Obamacare unconstitutional

Shares of U.S. health insurers, hospitals and healthcare companies fell on Monday in the aftermath of a ruling by a federal judge in Texas that the Affordable Care Act (ACA), commonly called Obamacare, was unconstitutional.

General Dynamics warns Canada of huge liability if it cancels Saudi deal

The Canadian arm of General Dynamics Corp warned Ottawa on Monday the federal government would incur "billions of dollars of liability" by unilaterally scrapping an agreement to sell armored vehicles to Saudi Arabia.

Wall St. sinks as DoubleLine's Gundlach says stocks are in bear market

Wall Street's major indexes each slid more than 1 percent on Monday on concerns about slowing growth and as DoubleLine Capital's Jeffrey Gundlach suggested that U.S. stocks are in a bear market.

Google to spend $1 billion on new campus in New York

Alphabet Inc's Google is investing more than $1 billion on a new campus in New York, becoming the second major technology company after Amazon to pick America's financial capital to expand and create thousands of jobs.

DoubleLine's Gundlach says U.S. equities are in long-term bear market

Jeffrey Gundlach, chief executive of DoubleLine Capital, on Monday said the S&P 500 Index is headed to new lows and that U.S. equities are in a long-term bear market.

Embraer's net proceeds from Boeing deal the same, despite higher price

Brazil's Embraer SA will receive the same net proceeds from a deal to sell 80 percent of its commercial jet unit to Boeing Co, even though the U.S. aircraft maker increased the enterprise value which includes debt by 11 percent.

Carlyle nearing deal to buy StandardAero for more than $5 billion: sources

Private equity firm Carlyle Group LP is nearing a deal to acquire aviation services company StandardAero from Veritas Capital, another buyout firm, for more than $5 billion, including debt, people familiar with the matter said on Monday.

Siemens, Alstom offer to sell high-speed train technology: sources

Siemens and Alstom have offered to sell either one of their high-speed train technology to address EU antitrust concerns about their plan to create a Franco-German rail champion, people familiar with the matter said on Monday.

Related Videos

Africa's first cannabis fair... without the plant

T-Mobile, Sprint consider dropping Huawei

Introducing the all-new
Reuters News app

The new Reuters News app is here, redesigned from the ground up to fit your busy life.

Get it now on iOS