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
Brent crude surged by as much as 19.5% to reach $71.95 per barrel on Monday, the biggest intra-day jump since the Gulf War in 1991.Oilread more
The strike, depending on its length, could easily cost GM hundreds of millions of dollars. The last time the union declared a strike at GM was in 2007.Autosread more
Saudi Aramco has 35-40 days of supply to meet contractual obligations, a source close to the matter told CNBC.Energyread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
OxyContin maker Purdue Pharma filed for Chapter 11 bankruptcy protection on Sunday.Health and Scienceread more
Saudi Arabia on Saturday shut down half its oil production after a series of drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's...Futures & Commoditiesread more
U.S. stock futures sank amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
The recommendations include changing corporate reporting structures, creating a new safety group, and changing the cockpits of future planes to accommodate new pilots with...Aerospace & Defenseread more
The state would become the second in the country, behind Michigan, to ban the sale of fruit flavored e-cigarettes, which are popular with teenagers.Health and Scienceread more
* FTSE 100 up 0.3%, FTSE 250 up 0.1%
* Miners biggest support to main index
* Ted Baker suffers worst day on record
* Quiz slumps after earnings drop
* Woodford Trust ends 7-day losing streak (Adds company news items, updates to closing prices)
June 11 (Reuters) - Mining stocks led London's main index higher on Tuesday after Beijing took steps to increase local government spending and boost China's economy, while fashion retailer Ted Baker slumped after a profit warning.
Rio Tinto, Antofagasta, Glencore and BHP were 2.5-3% higher, while oil majors BP and Shell were lifted by a rise in crude oil prices on expectations that OPEC and its allies will keep withholding supply.
Troubles on Britain's high street were reflected on the small- and mid-cap indexes, with Ted Baker falling nearly one-third to a 6-1/2 year low after warning profits would come in well below analysts' expectations, and fast-fashion retailer Quiz down 23.2% after reporting a 94% slump in underlying pretax profit.
The FTSE 100 index, buoyed in the past week by hopes of more monetary and fiscal stimulus globally, rose 0.3% to its highest in nearly six weeks, gaining for the seventh straight session. The midcap index was up 0.1%.
Safety equipment maker Halma topped the FTSE 100 leaderboard with a 4.1% gain after reporting a surge in earnings, driven by strong demand in the United States, its largest market.
The main index is on course for its biggest monthly gain since January, recovering from its only monthly fall this year in May when an escalation in Sino-U.S. trade tensions dampened investor sentiment.
The mining index jumped 2.3%, its biggest one-day rise in a month, as copper prices gained on hopes that China, the biggest consumer, will pump money into metals-intensive infrastructure building.
Among midcaps, shares in the listed fund run by money manger Neil Woodford, Woodford Patient Capital Trust, broke a seven-day losing streak to rise 7.5% on their best day in over a year.
Gains come a day after the company sought to reassure investors that the fallout from the suspension of Woodford's flagship equity fund had not affected its "operational performance".
Support services group Stobart climbed to a session high after saying that a court of appeal denied former CEO Andrew Tinkler's application to challenge parts of an earlier ruling which was in favour of the company. Shares ended 3% higher.
AIM-listed Video advertising company Taptica tanked 40% to a 3-year low after it said Uber Technologies has alleged "fraudulent concealment, negligence and unfair competition" against the company in a complaint filed in a U.S. court. (Reporting by Muvija M in Bengaluru; editing by Patrick Graham; Editing by Kirsten Donovan and Ed Osmond)