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 market share and curb rivals' output.
New York: After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term US interest rate hike and help tamp down the ...
ZURICH A form of debt restructuring rather than outright forgiveness should enable Greece to handle its "unviable" debt burden, the head of the International Monetary Fund was quoted as telling a Swiss newspaper.
Rio de Janeiro: Brazil has slipped into recession, the government said on Friday, deepening the gloom in the world's seventh largest economy already battered by falling commodity prices, political crisis and a corruption scandal.
Twitter Inc, the online social networking service is setting modest goals to diversify its workforce. The company is presently dealing with a lawsuit which claims that the online messaging service discriminates against its female employees.