Oil prices soar 10% after attack on Saudi facilities hits global supply

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Oil prices soar 10% after attack on Saudi facilities hits global supply

SEOUL/NEW YORK (Reuters) – Oil prices retreated on Monday after hitting their highest since May at the open, on fears over supply disruptions following an attack on Saudi Arabia’s oil facilities on Saturday that cut more than 5% of global oil supply.
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Mercedes looks to the past for a vision of the future

Mercedes-Benz has rammed home its 133-year heritage with a futuristic take on one of its earliest cars. The Vision Mercedes Simplex concept reinforces the history of the world’s oldest car maker with a modern take on the Mercedes 35 PS that made an …
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Autumn Bounce Fails to Materialize for UK Housing Market

Asking prices for U.K. homes posted their first September decline in nine years amid the escalating turmoil over Brexit. They fell 0.2% from August to
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UAW says its 49000 members at GM plants in the US are striking

Roughly 49,000 workers at General Motors plants in the U.S. were authorized to go on strike on Sunday just before midnight, while talks between the United Auto Workers and the automaker are due to resume Monday morning. About 200 plant-level union …
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New home, auto loan rules: What it means for new, existing borrowers

From October 1, all banks have to link new retail loans, including auto and home loans, to an external benchmark. According to Reserve Bank’s latest directive all new floating rate personal or retail loans (housing, auto, etc.) and floating rate loans to Micro and …
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