Key Points Qatar’s energy minister said he is not too worried about US President-elect Donald Trump’s promise to increase domestic production of liquefied natural gas.“Additional gas will be needed, whether from the United States, Qatar or elsewhere. So more LNG and more competition are welcome,” Saad Sherida Al Kaabi, Qatar’s energy minister and chief executive […]

Key Points Stellantis executive Tim Kuniskis retired from the automaker in May. Kuniskis will once again lead the company’s Ram Trucks brand, according to two people familiar with the decision.His return comes about a week after Stellantis CEO Carlos Tavares unexpectedly resigned from the automaker following problems with its North American market. DETROIT – The […]

Key Points OracleShares fell 7% in extended trading on Monday after the database software company reported fiscal second-quarter results that missed analyst estimates and issued a weaker-than-expected forecast. Here’s how Oracle fared compared to the LSEG consensus: Earnings per share: Adjusted $1.47 vs. expected $1.48Revenue: $14.06 billion vs. $14.1 billion expectedOracle’s second quarter sales grew […]

Key Points China’s leaders on Monday promised “more proactive” fiscal measures and “moderately” looser monetary policy next year to boost domestic consumption, according to an official readout of a key policy meeting that outlined upcoming economic priorities. The Politburo, a top decision-making body led by President Xi Jinping, said it will stabilize the real estate […]

Key Points NVIDIAStocks were under pressure on Monday after a regulator in China said it was investigating the chipmaker for possible violations of the country’s antitrust law. Shares ended the session down about 2.6%. The State Administration for Market Regulation has opened an investigation into the chipmaker in connection with the Mellanox acquisition and some […]