NEW DELHI. There were elaborate floats and colorfully attired dancing children, ornate floral displays and lots of soldiers, tanks and missiles.
Oil prices declined on Monday, with U.S. crude falling close to a nearly six-year low, as Saudi Arabia's new King Salman moved to assuage fears of an unstable transition and any policy change in the world's largest oil exporter.
(Adds details of results, stock price). CHICAGO Jan 26 (Reuters) - Norfolk Southern Corp, the No. 4 U.S. railroad, on Monday reported slightly lower fourth-quarter profit due partly to a 15 percent drop in coal revenue.
NEW ORLEANS - It's oil giant BP's turn to call witnesses as it makes its case for a civil penalty lower than the $13.7 billion the federal government is seeking for the 2010 Gulf of Mexico oil spill.
MeadWestvaco Corp. (MWV:US) agreed to merge with rival U.S. packaging company Rock-Tenn Co. (RKT:US) in a deal valued at about $8.4 billion to create the world's second-largest packaging company.