crude-oil

Oil slides as strong U.S. drilling activity weakens deal to cut output

By Karolin Schaps LONDON (Reuters) – Oil prices fell on Monday as news of another increase in U.S. drilling activity spread concern over rising oil output just as many of the world's oil producers are trying to comply with a deal to pump less in an attempt to prop up prices. The number of active U.S. oil rigs rose to the highest since November 2015 …

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Oil slides as strong U.S. drilling activity weakens deal to cut output

crude-oil

Siemens to buy CD-adapco for close to $1 billion: source

Siemens AG , Europe's biggest industrial group, has agreed to buy CD-adapco, a privately held U.S. engineering software firm, for close to $1 billion in cash, according to a person familiar with the matter. Siemens's deal with CD-adapco could be announced as early

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Siemens to buy CD-adapco for close to $1 billion: source

crude-oil

Top Twitter executives to leave company in reshuffle: source

By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Four senior Twitter executives are leaving the media company, which is also adding a new chief marketing officer and two board members, a source said on Sunday, outlining the biggest leadership changes since Jack Dorsey returned as chief executive…

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Top Twitter executives to leave company in reshuffle: source

crude-oil

Crude extends gains after surge on short-covering, cold spell

Oil prices soared 10 percent on Friday, one of the biggest daily rallies ever, as bearish traders who had taken out record short positions scrambled to close them, betting the market's long rout may finally be over. “Low crude oil prices continue to negatively impact high cost U.S. oil producers. A massive snowstorm on the U.S. East Coast helped stoke demand for oil for heating, helping

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Crude extends gains after surge on short-covering, cold spell