DUBAI/LONDON: A second oil price rout of 2015 has forced Arab OPEC members to cut their price expectations for this year, showing they are prepared to tolerate cheaper crude for longer to defend marke
WASHINGTON: US consumer spending rose in July as households stepped up automobile purchases, offering further evidence of strength in the economy that could keep the door open to a Federal Reserve int
LONDON: Front-month Brent crude futures surged more than 10 percent higher on Thursday, one of the largest daily percentage movements on record, as traders raced to cover short positions.
LONDON: Global stock markets finished mixed on Friday at the end of a turbulent week driven by worries over China's slowing growth with some relief coming from data showing the strength of the US econ
SAN FRANCISCO: Apple has sent invitations to an event on Sept. 9 in San Francisco, where it's expected to unveil the latest iPhone, a new Apple TV set-top box and other updated products.
TOKYO: Japanese inflation fell back to zero in July while household spending dropped again, official data showed on Friday, as a slowdown in China threatens Japan's already precarious economic picture
TOKYO: Bank of Japan Gov. Haruhiko Kuroda has a new strategy to support his country's listing economy: Talking up China's.
PARIS/BRUSSELS: The new head of the International Energy Agency faces dilemmas that challenge the purpose of the body set up to protect the interests of the West in the 1970s.
JOHANNESBURG: When Chinese company Shanghai Zendai bought 1,600 hectares (4,000 acres) of land outside Johannesburg in 2013, it promised to build the "New York of Africa."
LONDON: British exports picked up in the second quarter, helping trade contribute to the economic expansion by the most in four years.
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