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Judge leans Redstone’s way in trial over media mogul’s mental state

A judge called Sumner Redstone's deposition “strong evidence” that the media mogul knew what he was doing when he ejected an ex-girlfriend from his life, suggesting Redstone has the upper hand in a trial over his mental competence that began on Friday. Although the 92-year-old billionaire, who has majority control of media companies Viacom and CBS, had…

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Judge leans Redstone’s way in trial over media mogul’s mental state

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Saudi Arabia names Khalid al-Falih energy minister to replace Naimi

By Rania El Gamal and Reem Shamseddine DUBAI/KHOBAR, Saudi Arabia (Reuters) – Saudi Arabia, the world's largest crude oil exporter, on Saturday appointed Khalid al-Falih, chairman of the state oil giant Saudi Aramco, as its new energy minister, replacing Ali al-Naimi, who had held the post since 1995. The change is unlikely …

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Saudi Arabia names Khalid al-Falih energy minister to replace Naimi

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Oil edges down; weak China trade data drags

By Osamu Tsukimori TOKYO (Reuters) – Brent and U.S. crude futures edged lower on Monday as the dollar regained ground and as weak Chinese trade data stoked concerns about demand in the world's biggest energy consumer. Both benchmarks jumped more than $3 a barrel on Friday after the United Arab Emirates' energy minister was quoted as saying that OPEC members are ready to cooperate on curbing production. The mood inside OPEC is shifting from mistrust to a growing consensus that a decision must be reached on…

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Oil edges down; weak China trade data drags

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Oil prices give up earlier gains; languish near 11-year lows

By Jacob Gronholt-Pedersen and Roslan Khasawneh SINGAPORE (Reuters) – Oil prices on Wednesday gave back earlier gains, retreating toward the previous session's close near 11-year lows as concerns over growing…

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Oil prices give up earlier gains; languish near 11-year lows

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