Business

US oil futures backwardation narrows to 20-month low on mounting fears of a glut

US oil futures backwardation narrows to 20-month low on mounting fears of a glut

By Georgina McCartney HOUSTON (Reuters) -Front-month U.S. crude oil futures ended Monday's trading at their smallest premium since January 2024…

October 14, 2025

IMF's Georgieva says countries lack regulatory, ethical foundation for AI

By Andrea Shalal WASHINGTON (Reuters) -Countries around the world lack the regulatory and ethical foundation to deal with the rapid…

October 14, 2025

Oil settles higher as US, China try to de-escalate trade tensions

By Shariq Khan NEW YORK (Reuters) -Oil prices rose on Monday after assurances that U.S. President Donald Trump will meet…

October 14, 2025

Robinhood open to deals to grow prediction markets business, executive says

By Manya Saini and Niket Nishant (Reuters) -Trading platform Robinhood Markets is open to potential acquisitions in the fast-growing prediction…

October 14, 2025

How the United States is eating Trump's tariffs

(Corrects name spelling in sixth paragraph) By Francesco Canepa and Howard Schneider FRANKFURT/WASHINGTON (Reuters) -U.S. companies and consumers are bearing…

October 14, 2025

JPMorgan to invest up to $10 billion in US national security as part of $1.5 trillion pledge

By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase announced plans on Monday to hire bankers and invest up to $10…

October 14, 2025

Brookfield acquires remaining Oaktree stake for $3 billion to boost credit business

(Reuters) -Brookfield said on Monday it would buy the remaining 26% stake in U.S.-based asset manager Oaktree Capital Management for…

October 13, 2025

Oil rises as US, China try to de-escalate trade tensions

By Shariq Khan NEW YORK (Reuters) -Oil prices rose on Monday after assurances that U.S. President Donald Trump will meet…

October 13, 2025

Equities rebound after Trump cools China rhetoric but gold at record highs

By Sinéad Carew and Dhara Ranasinghe NEW YORK/ LONDON (Reuters) -MSCI's global equities gauge regained some ground on Monday after…

October 13, 2025

First Brands CEO James resigns amid bankruptcy process; turnaround expert in charge

(Reuters) -First Brands said on Monday founder Patrick James had stepped down as CEO and will be succeeded by Chief…

October 13, 2025