Walmart plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics, the U.S. retail giant said in a statement on its verified social media account Monday.
Kazakh Energy Minister Kanat Bozumbaev said on Monday that most ministers representing OPEC and non-OPEC countries at talks in Vienna favor extending their global oil output deal by nine months.
Iraq's oil minister said on Monday that his government and the rest of OPEC seek to control global oil inventories and restore balance to the oil market which faces "huge challenges", according to a ministry statement.
U.S. stock index futures rose sharply on Monday, with chipmakers making handsome gains, as trade tensions between the United States and China eased after both sides agreed to restart talks.
Russian oil production rose to 11.15 million barrels per day (bpd) in June from 11.11 million bpd in May, two industry sources told Reuters on Monday, although it was still within output levels agreed in a global supply deal with OPEC.
Russian Energy Minister Alexander Novak said on Monday that all OPEC and non-OPEC countries favored extending their global oil output deal by nine months under the same terms agreed in December.
Stocks rallied and bonds retreated on Monday as the United States and China agreed to restart trade talks, leading investors to cut back wagers on aggressive policy easing by the major central banks.
Italian infrastructure group Atlantia accused ruling 5-Star officials on Monday of selectively leaking a government report in a campaign to revoke the group's national toll-road concession.
Oil prices slipped on Tuesday as worries that a weakening global economy would dent demand for the commodity outweighed OPEC's decision to extend supply cuts until next March.
Oil prices drifted lower on Tuesday, as weak global data raised concerns about future demand for the commodity despite a positive boost from OPEC's decision to extend supply cuts until next March.
A new CNBC and Acorns survey shows that men spend more on impulse buys than women, breaking old stereotypes. Experts give tips on how to break the habit by leaving your credit card behind and being mindful of retail tricks.
Funding Report for Week Ending 6/30/2019
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A third of Americans are spending less, according to the CNBC/Acorns Invest in You Spending Survey released on Monday. The reasons they cite include fear of a job loss, high medical bills and fear of a recession.
Financial advisors are used to offering up advice on a daily basis. But what's the best tip they ever got? We asked members of the CNBC Digital Financial Advisors Council to share the most important financial insight they ever received.