Ronaldo fined $21.6M after pleading guilty to tax fraud
Soccer star Cristiano Ronaldo pleaded guilty to tax fraud in a Madrid Court Tuesday and agreed to pay $21.6 million in fines. Ronaldo also received a two-year suspended prison sentence…
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Volvo recalls more than 200,000 diesel cars for possible fuel leakage
Volvo said Tuesday it’s recalling more than 200,000 diesel cars because of the possibility of fuel leakage into the engine. The recall is connected to 11 models totaling 219,420 vehicles…
Leonardo to support British Apache helicopters under $379M deal
Britain awarded a $379 million contract to Leonardo Helicopters to support the country’s existing fleet of 50 Apache attack helicopters through 2024. Defense Minister Stuart Andrew made the announcement Thursday…
EIA sees fuel prices below 2018 average for the next two years
The United States average retail gasoline prices will be lower this year and in 2020 compared with 2018, but will be higher than they are now because of impacts from…
IEA doubts Russia’s commitment to OPEC accord
The Paris-based International Energy Agency on Friday cast doubt on whether Russia would meet its agreement with OPEC to cut crude oil output to support prices, while Russia’s Energy Minister…
Oil rises after report on possible China talks concessions
Crude oil prices were higher Friday morning as they appeared to be trailing late-Thursday equity gains after reports of renewed efforts in the trade talks between China and the United…
Oil prices led lower by rising U.S. production, inventories
Crude prices fell early Thursday despite an OPEC report confirming a significant output cut because of bearishness related to rising U.S. oil production and inventories. West Texas Intermediate crude oil…
Crude oil prices drop after API reported lower-than-expected draw
Crude oil future prices fell early Wednesday, likely influenced by lower-than-expected draws in a report by the American Petroleum Institute with traders awaiting official data later in the day. West…
Crude prices rise after positive news from China
Oil prices rose early Tuesday, after Monday declines, possibly helped by some positive news from China — but doubts remain as to whether that direction will hold. West Texas Intermediate…
Rise in oil prices led by December OPEC cuts
The rise in U.S. crude oil prices was in part led by December OPEC cuts and are likely to continue to increase at least in the very short term, possibly…
