An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
"There is reason to believe that we know the culprit," Trump said in a post on Twitter.Politicsread more
Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
President Donald Trump signaled Iran is not telling the truth about the drone attacks on Saudi Arabia's largest oil facilities.Oilread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
U.S. Energy Secretary Rick Perry spoke to CNBC following drone strikes on Saudi Arabia's oil processing facilities.Oilread more
An extended Saudi oil outage could push Brent crude prices north of $75 per barrel, Goldman Sachs warned clients.Marketsread more
As investors worry about oil supply, airline and cruise ship stocks are getting hit, while some energy stocks are shooting upward.Marketsread more
Consumers in the U.S. prefer Apple's more expensive models, while the standard iPhone 11 appears to be more attractive to buyers in China, according to Kuo.Technologyread more
The Times updated an article detailing a previously unreported accusation against Justice Kavanaugh from when he was a Yale University student, noting that "the female student...Politicsread more
The U.S. faces less oil-shortage risk after weekend strikes on Saudi facilities because America has been aggressively developing its own domestic resources in recent years,...Oilread more
The chairman of Spanish bank Banco Santander, Emilio Botin, has told CNBC he is not concerned about the upcoming round of stress tests, arguing that Spain will "come out on top."
His comments come as the region's lenders wait for the European Central Bank to unveil the criteria for the latest stress tests, designed to analyse banks' capability to withstand adverse economic conditions.
"For Spain, it is fundamental that we have a stress test as soon as possible," Botin told CNBC on Thursday. "We're going to come out on top. We want a rigorous stress test fast, with an international adviser present. Spain's the best."
(Read more: Greece and Spain to carve the way for Chinese banks?)
Spain in June 2012 accepted a financial assistance package from its fellow euro countries to support its ailing banks, which have been saddled with a massive amount of toxic loans after the country's real estate market collapsed in 2007. In June this year, the European Commission said Spain did not need further aid to recapitalize its state-aided banks, following a review of the country's banking sector.
Botin was speaking in New York, where he was joined by the city's mayor Michael Bloomberg to unveil the first Santander-branded retail bank in the U.S.
Santander has operated local branches in the U.S. since acquiring Sovereign Bank in 2009, and from October 17 more than 700 Sovereign branches will start adopting the Santander brand.
(Read more: Spanish banks a buy for first time 'in years')
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