President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread 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
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
Italian Deputy Prime Minister Luigi Di Maio said the deals were worth an initial 2.5 billion euros ($2.8 billion) but had a potential value of 20 billion.
Here are details of some of the accords.
CDP, Bank of China
Italy's state lender Cassa Depositi e Prestiti (CDP) signed an agreement with Bank of China to let it sell "Panda" bonds — debt sold by foreign entities to investors in mainland China.
CDP said it will issue bonds worth 5 billion renminbi ($744.5 million). CDP and Bank of China will also co-finance Italian companies for 4 billion renminbi. A CDP official told Reuters on Friday that the first tranche of Panda bonds will be issued in the coming weeks.
CDP and Italian gas company Snam have signed a memorandum of understanding with the Chinese Silk Road fund (SRF) for cooperation on international investments in China and in the about 120 countries that have already signed up for the Belt and Road Initiative (BRI).
Snam and SRF said they will consider possible cooperation in the natural gas sector — pipelines, storage facilities, LNG infrastructure and biomethane plants.
Italian metals company Danieli has signed a deal to build part of a steel plant in China that will then be transferred to Azerbaijan.
Trieste and Genoa ports
China Communications Construction Company (CCCC) has signed two cooperation agreements with the authorities of Trieste's port and with the commissioner supervising the reconstruction of the bridge of Genoa that collapsed last year.
Ansaldo Energia said it signed a deal with China United Gas Turbine Company (UGTC) for technology cooperation in the field of heavy duty gas turbines.
Ansaldo Energia has also been awarded a contract worth approximately 25 million euros to supply a AE94.2K gas turbine and syngas compressor train for Bengang combined cycle power plant, located in Benxi in the northeast China.
China's e-commerce group Suning, top shareholder of Italian Serie A soccer team Inter Milan, announced a deal with the Italian Trade Agency to boost Made-in-Italy exports to China.
Intesa Sanpaolo has signed a MoU with the Chinese city of Qingdao to develop wealth management services for local clients through a wholly-owned company called Yi Tsai. Intesa aimed to sell its own financial products in Qingdao in the near future, Intesa CEO Carlo Messina said.
Italian energy giant Eni has signed a MoU with Bank of China to secure a credit line.
Ferrovie Dello Stato Aeroporti Di Roma
Italy's railways group Ferrovie dello Stato, Atlantia's airport operator Aeroporti di Roma and the museums of sports car maker Ferrari have signed a commercial deal with China's biggest online travel agency Ctrip to develop Chinese tourism in Italy.