OPEC's decision to cede no ground to rival producers underscored the price war in the crude market and the challenge to U.S. shale drillers.
An oil refinery stands at night in Kawasaki, Kanagawa Prefecture, Japan. The reliance of the world's third-largest economy on fossil-fuel imports has deepened since Japan shuttered its nuclear-power industry following the March 2011 Fukushima meltdowns.
If Walmart paid a living wage, "I could buy clothes for my kids to wear." �By Josh Harkinson. | Fri Nov. 28, 2014 4:19 AM EST.
The dollar strengthened against the yen in Asian trade Friday, with lower oil prices among the factors accelerating the selling of the Japanese currency.
India has won a major victory at Geneva with the WTO accommodating its food security demands in a historic worldwide trade reform deal, which the government said was clinched without any conditions or concessions.