Chesapeake Energy Corp. will purchase $1 billion worth of its own stock, the company said after it completed the sale of nearly $5 billion worth of natural gas assets in Pennsylvania and West Virginia.
SYDNEY (Reuters) - A holiday lull settled over Asian markets on Tuesday after Wall Street closed at historic highs while oil prices suffered a stinging setback after Saudi Arabia quashed all thought of curbing supply.
FILE- This Monday, Nov. 3, 2014 file photo shows a house for sale in Los Angeles. The National Association of Realtors reports on sales of existing homes in November on Monday, Dec. 22, 2014.
MOSCOW: The Russian rouble firmed to a 10-day high against the dollar on Monday as exporters sold foreign currency revenues, partly to meet tax obligations and partly in response to a call from President Vladimir Putin.
BRASILIA, Dec 23 (BERNAMA-NNN-Agencies) -- Brazilian President Dilma Rousseff said her government will have to take "drastic" economic measures in 2015 to cut spending.