Saudi Aramco stops Red Sea deepwater exploration work: sources

State oil giant Saudi Aramco [SDABO.UL] has put on hold its deepwater oil and gas exploration and drilling activities in the Red Sea because of high costs as it economizes in an environment of low crude prices, industry sources said on Sunday.


Workers strike for second day at nine U.S. oil, chemical plants

Union workers were on strike for a second day on Monday at nine U.S. refineries and chemical plants in an attempt to force oil companies to sign a new national contract covering laborers at 63 plants.

U.S. companies face billions in Venezuela currency losses, Reuters analysis shows

At least 40 major U.S. companies have substantial exposure to Venezuela’s deepening economic crisis, and could collectively be forced to take billions of dollars of write downs, a Reuters analysis shows.

European markets subdued as Chinese data weighs

European shares stalled and core bond yields held near lows on Monday following disappointing data from China, while Greek markets were volatile as the government pursued efforts to reach a compromise with its creditors.


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Box office juggernaut "American Sniper" held the top spot at U.S. and Canadian box offices over the weekend with $31.9 million in ticket sales, according to studio estimates.
China has listed food safety and modernizing farms as among key priorities this year, its 2015 rural policy outline showed, as it tackles falling agricultural productivity that has raised concerns about its future food supply.
Motif Bio, which is working on a range of antibiotics, is planning to raise at least 4 million pounds ($6 million) - and potentially up to 16 million - through a stock market listing in London.
The owner of British Airways must provide some sort of "cast iron permanent guarantee" on flights to Ireland if the government is to even consider its bid for Aer Lingus (AERL.I), Prime Minister Enda Kenny said on Sunday.
A majority of Germans favor Greece remaining in the euro zone despite its new leftist government in Athens rejecting austerity, a poll for newspaper Bild am Sonntag showed on Sunday.
Nguyen Nam owns an engineering services firm in Ho Chi Minh City that pays no taxes nor any salaries. The flip side is it earns no revenue either.
Greece's leftist government on Sunday began its drive to persuade a sceptical Europe to accept a new debt agreement while it starts to roll back on austerity measures imposed under its existing bailout agreement.
General Motors (GM.N) and Chinese partner SAIC Motor Corp (600104.SS) will soon announce a joint push into Indonesia, using their no-frills Wuling brand to establish a beachhead in Southeast Asia’s biggest market and from there tackle other markets in the region.
Cement companies Lafarge SA (LAFP.PA) and Holcim Ltd (HOLN.VX) are nearing a deal to sell at least $7 billion worth of assets to Ireland's CRH PLC (CRH.I), the Wall Street Journal reported on Saturday, citing people familiar with the matter.
South Korea's Samsung Electronics Co Ltd (005930.KS) said on Saturday that it would acquire Brazilian printing solutions company Simpress, the latest deal by the tech giant to bolster its business-to-business operations.
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