Deutsche Bank Fined $132M Over Bribery Schemes
U.S. authorities say the scandal-plagued bank made improper payments to politically-connected intermediaries to secure business overseas.
Saudi Investment Fuels Rally in Carnival Shares
The world's largest cruise operator is grappling with a heavy debt burden as it ships remain idled due to the coronavirus pandemic.
Oil Prices Rebound on U.S. Stimulus Hopes
After Monday's epic collapse, prices also got a boost from signs that Saudi Arabia and Russia will resolve their differences over oil production.
U.S. Oil Production to Hit New Record in 2018
With the shale boom continuing, the IEA says the U.S. will overtake Saudi Arabia as the world's No. 2 producer.
GE Backs Saudi Efforts to Diversify Economy
The company is investing at least $1.4 billion in industrial projects as part of Saudi Arabia's plan to reduce its dependence on oil.
Finance Roundup for Executives
Be informed, get involved, and shape the world through finance. Read CFO.com's most recent headlines and standout stories.
Oil Price Fall Hits Saudi Arabia’s Credit Rating
Fitch Ratings reduced Saudi Arabia’s long-term foreign and local currency ratings to "AA-," the fourth-highest investment grade.
The Most Serious Emerging-Market Risk
Currency volatility is an annoyance, but it's when governments institute capital controls that multinationals really have a problem.
Oil Prices to Fall Through 2016 Until Supply Rebalances
Low prices and large inventories are not stopping OPEC from adding to the glut of crude oil.