Following GrubHub’s disappointing report, Uber disclosed that it planned to exit meal-delivery markets where it couldn’t become No. 1 or 2. Bloomberg News/Landov. Uber Chief Executive Dara Khosrowshahi. By …
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Crude oil market’s complete focus last month was on the status of US-China trade deal, as positive developments provided enormous support to the prices after both parties assured first phase of trade deal to be signed soon. China also committed to import an …
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(Reuters) – U.S. oil and gas company Chesapeake Energy Corp (CHK.N) said it expects its capital expenses to drop by about 30% in 2020 after it reported a bigger-than-expected loss on Tuesday because of a sharp drop in production and lower natural gas …
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DUBAI/RIYADH (Reuters) – The Saudi government plans to sell 2% of state oil giant Aramco in a domestic listing on Dec. 11, three sources familiar with the matter said, but restrictions on future share sales mean an international IPO is ruled out for at least a …
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Richmond Fed President Thomas Barkin said an uncertain economic and political environment may be making central bank monetary policy choices less effective right now. Uncertainty can “dampen the impact we might expect from any policy stance,” Mr.
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