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Updated: 6 hours 26 min ago

Wall Street drops after Saudi attacks; energy stocks limit losses

Mon, 09/16/2019 - 11:13am
U.S. stocks fell on Monday on global growth worries after weekend attacks on Saudi Arabia's crude facilities hit 5% of the world's supply, but a sharp jump in crude prices lifted beaten-down energy stocks and kept losses in check.

UK's Johnson buffeted in Luxembourg, says Brexit deal emerging

Mon, 09/16/2019 - 11:07am
Britain's Boris Johnson said on Monday that a Brexit deal was beginning to emerge, but the EU said he offered nothing to break the impasse during a visit to Luxembourg where he was harangued loudly by protesters and rebuked for trying to shift the blame.

Israel 'well-prepared' for any spill-over from attack on Saudi oil plant

Mon, 09/16/2019 - 10:49am
Israel is prepared for the possibility it might be drawn into any U.S.-Iranian confrontation over a strike on a Saudi oil plant, Prime Minister Benjamin Netanyahu said on Monday.

Evidence indicates Iranian arms used in Saudi attack, say Saudis

Mon, 09/16/2019 - 10:46am
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi Arabian oil plants was carried out with Iranian weapons and was not launched from Yemen according to preliminary findings.

Oil soars after attack on Saudi facilities, stocks weaken

Mon, 09/16/2019 - 10:38am
Oil prices soared on Monday after attacks on crude facilities in Saudi Arabia sparked worries over the impact of an oil shock on economic growth, halting a positive run in world stocks as investors reached for less risky assets.

Too soon to say if U.S. emergency oil release needed, Perry tells CNBC

Mon, 09/16/2019 - 10:07am
U.S. Energy Secretary Rick Perry said on Monday it was too soon say whether the United States would have to tap its emergency petroleum reserves following weekend attacks on Saudi Arabian oil facilities that shook global oil markets.

Oil soars 10% after attack on massive Saudi oil facilities

Mon, 09/16/2019 - 9:59am
Oil futures jumped 10% on Monday after an attack on Saudi Arabian crude oil processing facilities over the weekend sliced the kingdom's production in half and threatened to hamper shipments from the world's largest crude exporter.

UK PM Johnson booed by protesters in Luxembourg

Mon, 09/16/2019 - 9:55am
British Prime Minister Boris Johnson was booed on Monday by protesters after talks with his counterpart in Luxembourg, putting off a briefing with reporters due to the protests.

U.S. records no new measles cases for first week since outbreak began

Mon, 09/16/2019 - 9:54am
Health officials recorded no new cases of measles in the United States last week, marking the first week without new cases of the disease since the start of an outbreak largely linked to parents who declined to vaccinate their children.

U.S. envoy tells U.N. Security Council indications Iran behind Saudi oil attacks

Mon, 09/16/2019 - 9:52am
U.S. Ambassador to the United Nations Kelly Craft told the Security Council on Monday that emerging information on attacks on Saudi oil facilities "indicates that responsibility lies with Iran" and that there is no evidence the attack came from Yemen.

UK PM Johnson says Brexit deal 'not in the bag' but can see rough shape of it

Mon, 09/16/2019 - 9:50am
There is the good shape of a Brexit deal but it is not necessarily "in the bag", British Prime Minister Boris Johnson said on Monday following a meeting with European Commission President Jean-Claude Juncker in Luxembourg.

Factbox: The U.S. opioid epidemic in the courts

Mon, 09/16/2019 - 9:48am
As opioid-related deaths have soared, thousands of lawsuits have been filed seeking damages from drugmakers and distributors. The following is a summary of where and how the opioid litigation is playing out across the United States:

Luxembourg PM Bettel says onus on PM Johnson to propose workable Brexit fix

Mon, 09/16/2019 - 9:29am
Luxembourg Prime Minister Xavier Bettel lashed out at British Prime Minister Boris Johnson on Monday for failing to propose serious alternatives to unlock a Brexit deal before the Oct.31 divorce date and seeking to blame the bloc for the "nightmare".

Iraq says U.S. does not believe Iraqi territory used to launch attack on Saudi

Mon, 09/16/2019 - 9:24am
Iraq said on Monday it had been told by the United States that Washington did not suspect an attack on Saudi Arabia had been launched from Iraqi territory.

Factbox: Impact of Saudi oil outage on crude, product markets

Mon, 09/16/2019 - 9:24am
Attacks on Saudi Arabian oil facilities on Saturday shut down about 5.7 million barrels per day (bpd) of crude production, sending global oil prices soaring.

Taiwan says China meddling with elections after Solomon Islands cuts ties

Mon, 09/16/2019 - 9:22am
Taiwan accused China on Monday of trying to influence its presidential and legislative elections after the Solomon Islands cut off ties with Taipei.

U.S. blames Iran for Saudi oil attack, Trump says 'locked and loaded'

Sun, 09/15/2019 - 11:40pm
U.S. President Donald Trump said on Sunday the United States was "locked and loaded" for a potential response to the attack on Saudi Arabia's oil facilities, after a senior U.S. administration official said Iran was to blame.

Oil soars after Saudi facility attacks, weak China data hits shares

Sun, 09/15/2019 - 11:36pm
(Reuters) - Oil surged to four-month highs on Monday after weekend attacks on crude facilities in Saudi Arabia sparked supply fears, while shares in Asia extended losses as bleak economic data from China sapped investors' risk appetite.

OxyContin maker Purdue Pharma files for bankruptcy protection

Sun, 09/15/2019 - 11:29pm
OxyContin maker Purdue Pharma LP filed for bankruptcy protection Sunday night, succumbing to pressure from more than 2,600 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic.

Oil surges as Saudi attack focuses market on supply risks

Sun, 09/15/2019 - 11:17pm
Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the start of the Gulf War in 1991, after an attack on Saudi Arabian oil facilities on Saturday shut in the equivalent of 5% of global supply.