Displaying 10 out of 40 results

  1. FILE PHOTO: The logo for ConocoPhillips is displayed on a screen on the floor at the NYSE in New Yo

    ConocoPhillips posts adjusted loss on coronavirus-led oil price plunge

    U.S. oil and gas producer ConocoPhillips reported a quarterly adjusted loss on Thursday, as coronavirus-induced lockdowns sapped demand for fuel ...
  2. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County

    Oil prices slip after OPEC, allies agree to loosen oil supply curbs

    Oil prices slid on Thursday after OPEC and allies such as Russia agreed to ease record supply curbs from August, though the drop was cushioned by ...
  3. Workers prepare free food for distribution at the Chelsea Collaborative in Chelsea

    US producer prices unexpectedly fall; underlying inflation stabilising

    US producer prices unexpectedly fell in June as rising costs for energy goods were offset by weakness in services, pointing to subdued inflation ...
  4. FILE PHOTO: Sun sets on the Philadelphia Energy Solutions plant refinery in Philadelphia

    Philly refiner nears final deal with developer, amends price again

    A deal to sell the Philadelphia Energy Solutions (PES) oil refinery to a Chicago-based real estate developer is expected to close on Friday for US$26.
  5. FILE PHOTO: A Chanel handbag for sale is displayed at The RealReal shop, a seven-year-old online re

    Gucci hikes handbag prices to curb coronavirus hit, says analyst

    Gucci has raised the price of handbags by up to 9per cent, joining rivals Louis Vuitton and Chanel in a bet their brands will still lure the ...
  6. A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York

    Tesla cuts prices by as much as 6per cent in North America to boost demand

    U.S. electric vehicle maker Tesla Inc said on Wednesday it will cut prices in North America, as the firm ramps up car production in its Fremont, ...
  7. Logo of BP is seen at a petrol station in Kloten

    Sellers beware: Price collapse triggers bartering over oil and gas deals

    The collapse in oil prices to 21-year lows has led potential buyers of oil and gas fields to try and renegotiate deals already agreed at higher ...
  8. FILE PHOTO: The spread of the coronavirus disease (COVID-19) in New York

    US producer prices record largest drop since 2009 as coronavirus suppresses demand

    U.S. producer prices fell by the most since 2009 in April, leading to the largest annual decline in nearly 4-1/2 years, bolstering some ...