posted: 09/01/2015 5:25 a.m.
OPEC, the producer of 40 percent of the world's oil, said Monday that it is ready to talk to other crude exporters to achieve "fair and reasonable prices," according to the group's monthly magazine.
posted: 09/01/2015 2:56 a.m.
U.S. prosecutors have expanded their investigation of currency-market manipulation by some of the world's largest banks to include the Russian ruble and Brazilian real, according to two people familiar with the matter.
posted: 09/01/2015 2:53 a.m.
The Hotel Okura, a favored Tokyo lodging for U.S. presidents, movie stars and other celebrities, closed the doors of its landmark half-century-old main building Monday to make way for a pair of glass towers ahead of the 2020 Olympics.
posted: 09/01/2015 2:50 a.m.
Inflation in the 19-nation eurozone was stable in August at an annual rate of 0.2 percent, an official report shows -- another weak figure that puts the European Central Bank closer to doing more economic stimulus.
posted: 09/01/2015 2:22 a.m.
Fear about a slowdown in China's economy and concerns about when the Federal Reserve will raise interest rates pushed stocks sharply lower in August.
posted: 09/01/2015 2:19 a.m.
Puerto Rico bondholders are being left with more questions than answers for as much as a week longer after Gov. Alejandro Garcia Padilla gave advisers more time to work on a proposal to restructure the commonwealth's $72 billion debt burden.
posted: 09/01/2015 1:59 a.m.
A corporation that provides services for the oil and gas industry is laying off 28 employees at its Shreveport facility. Baker Hughes notified the state of the layoffs in a letter late last week.
posted: 08/31/2015 2:40 a.m.
A sweet deal for American sugar farmers is compounding delays in a proposed trade agreement affecting 40 percent of the world's economy.
posted: 08/31/2015 2:34 a.m.
Iran expects its economic growth to accelerate next year as the removal of sanctions under a nuclear agreement offsets a global slump in oil prices, a top aide to President Hassan Rouhani said.
posted: 08/31/2015 2:29 a.m.
Russia's retailers may be forced to raise prices further after the ruble's slump this month, creating pain for consumers, according to retailers that reported earnings this week.
posted: 08/31/2015 2:09 a.m.
For "Star Wars" fans, Christmas is coming early this year: on Friday, when the toys tied to Walt Disney Co.'s first film in the space-adventure series go on sale.
posted: 08/30/2015 3:13 a.m.
When crude prices first plummeted last year in the face of a global oil glut, OPEC had one response: Keep pumping oil.
posted: 08/30/2015 3:06 a.m.
Famous for making the pistols carried by British secret agent James Bond, German gun-maker Walther is releasing its PPQ handgun chambered in the American .45-caliber ACP cartridge.
posted: 08/30/2015 3:01 a.m.
The iron-ore business is so lousy that one Canadian mining company is shelving its biggest project and starting a new venture: selling Australian eggs to China.
posted: 08/30/2015 2:59 a.m.
When Dawn Taylor, 37, a doctoral candidate at Pennsylvania State University, started her part-time translation business in February 2013, she earned $15,000 that year.