The impact on the oil price of the decision the alliance makes is amplified by the fact that almost no other oil producer is in a position to follow suit.
Biz - Money
The western world has seen plenty of division and conflict before. But in the past the U.S. was the stabilizer, seeking to align its interests and those of its partners. Today, it is the destabilizer, driven by a belief that its interests and the world’s are at odds.
AT&T is in talks to acquire AppNexus, a deal that would give the telecom giant a foothold in digital ad sales as it seeks to challenge Google and Facebook.
Amazon.com, Berkshire Hathaway and JPMorgan Chase have appointed surgeon Atul Gawande as chief executive of their newly formed partnership to address U.S. employee health-care.
The South Korean cryptocurrency exchange said it had temporarily halted withdrawal and deposit services after the cyber attack. Bitcoin fell about 2% immediately after the disclosure.
One of the biggest data-privacy laws in history was supposed to kick off a new era of surging demand for cyber insurance in Europe. So far, it hasn’t.
A Franco-German proposal to deepen the monetary union through a euro zone budget is an encouraging step and should be welcomed, European Central Bank President Mario Draghi said on Thursday.