
U.S. Treasury says can meet all obligations after debt ceiling suspension
WASHINGTON The U.S. Treasury said it can now meet the federal government's payment obligations after a debt ceiling
2023-06-06 00:45

Safran in Talks for $1 Billion Raytheon Flight Control Unit
Safran SA is in talks to acquire an arm of Raytheon Technologies Corp. that makes products including flight
2023-06-06 00:19

US SEC sues Binance, founder Zhao alleging securities law violations
The world's largest crypto exchange Binance and its CEO Changpeng Zhao operated a "web of deception" that included
2023-06-06 00:19

PIF’s AviLease Nears Deal for Standared Chartered Jet Leasing Arm
AviLease, a jet lessor owned by Saudi Arabia’s Public Investment Fund, is in advanced talks to acquire an
2023-06-05 23:24

U.S. factory orders rise in April
New orders for U.S.-made goods rose for a second month in April, boosted largely by defense spending, but
2023-06-05 22:46

U.S. services sector slows in May; prices paid gauge falls to three-year low - ISM survey
WASHINGTON The U.S. services sector barely grew in May as new orders slowed, pushing a measure of prices
2023-06-05 22:27

Saudi Arabia needs more than higher oil prices to fund its grand plans
Riyadh knows that it cannot rely solely on a fluctuating oil market for income. Along with its efforts to raise oil prices, it is also trying to bring in investment from abroad.
2023-06-05 22:16

European Natural Gas Prices Jump as LNG Market Shows Signs of Tightening
European gas futures jumped 20%, the biggest jump since March amid signs of a tighter liquefied natural gas
2023-06-05 21:21

Morgan Stanley sees slump in US earnings in 2023, sharp rebound next year
Morgan Stanley warns of a 16% drop in profit for S&P 500 companies this year, followed by a
2023-06-05 20:24

Futures muted as investors weigh chances of June rate pause
By Sruthi Shankar and Shristi Achar A Wall Street futures were subdued on Monday after a solid rally
2023-06-05 19:49

Opec: What is it and what is happening to oil prices?
Saudi Arabia is cutting output by one million barrels a day, and Opec+ is keeping past cuts in place
2023-06-05 18:55

Exclusive-Musk's Neuralink valued at about $5 billion despite long road to market
By Rachael Levy, Krystal Hu and Marisa Taylor Elon Musk's brain implant startup Neuralink, which was valued at
2023-06-05 18:48