JOHANNESBURG May 25 (Reuters) - South Africa's rand extended its losses against a surging dollar on Monday after the U.S. Federal Reserve Chair Janet Yellen signalled the central bank was poised to raise rates this year.
Brent crude rose as violence flared in OPEC's two biggest members Iraq and Saudi Arabia, raising tensions ahead of the producer group's meeting on June 5 in Vienna.
ROME—The Vatican bank said its 2014 net profit skyrocketed to €69.3 million ($77 million) from €2.9 million a year earlier, owing largely to a steep rise in net trading income and a decline in extraordinary operating expenses.
Online retail giant will cease funneling sales through low-tax Luxembourg, a strategy seen as a tax-avoidance effort. by Steven Musil · @stevenmusil; 25 May 2015 6:00 pm BST.
ORANGE BEACH, Ala. - With the Memorial Day holiday here, fallout from the oil spill that left Gulf Coast beaches smeared with gooey tar balls and scared away visitors in 2010 is being credited, oddly, with something no one imagined back then: An increase ...