Category: US

Oil prices rose 2 percent on Tuesday to rebound from two-months lows on a technical correction, a dollar weakened by rising risk in global markets and bets that U.S. crude stockpiles fell for an eighth straight week. Some investors and analysts said gasoline and diesel were in oversupply despite summer driving demand in the United…

U.S. businesses, Britain’s biggest foreign investors, largely factored in the vote to leave the European Union and now want to see exit talks progress slowly, a top executive at the U.S. Chamber of Commerce said. Investment from across the Atlantic will slow sharply as companies gauge the fallout, Myron Brilliant, head of international affairs at…