 | | | | The United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions, a move to choke off Tehran's oil revenues which sent crude prices to six-month highs on fears of a potential supply crunch. | | | | | | U.S. stocks ended a low-volume trading session little changed on Monday, with the biggest gains in the energy sector as investors otherwise stayed on the sidelines ahead of quarterly earnings. | | | | | | Smartphone maker Samsung Electronics Co Ltd said on Monday it will delay the public rollout of its Galaxy Fold without giving a new release date. | | | | | | Crude oil jumped almost 3% on Monday after the United States said it will take more steps to choke off Iranian oil exports, while U.S. equities were mixed as Wall Street braced for corporate results in a busy earnings week. | | | | | | Chief Executive Elon Musk unveiled on Monday a microchip for self-driving vehicles that the electric car company hopes will give Tesla Inc an edge over rivals. | | | | | | Herman Cain, facing resistance from his own political party, has withdrawn from consideration for a seat on the Federal Reserve Board, U.S. President Donald Trump said on Monday. | | | | | | Canada's Bombardier Inc sees higher sales from modernizing existing rail cars as the company works to further diversify its largest division as measured in revenue, a spokesman said this month. | | | | | | Nissan Motor Co Ltd will reject a management integration proposal from French partner Renault SA and will call for an equal capital relationship, the Nikkei newspaper said on Monday, citing sources. | | | | | | Barclays Plc is planning to cut bonuses for investment bankers as it steps up its defense against activist investor Edward Bramson ahead of next week's annual meeting, the Financial Times reported on Monday. | | | | | | Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, on Monday filed for an initial public offering with the U.S. Securities and Exchange Commission, after being valued at nearly $3 billion in its latest round of funding. | | | | | | Oil prices jumped more than 2 percent on Monday to a near six-month high, on growing concern about tight global supplies after the United States announced a further clampdown on Iranian oil exports. | | | | | |
