posted: 09/30/2014 1:52 a.m.
MOSCOW -- The most powerful man in Russia's oil industry said U.S. sanctions won't prevent the development of discoveries in the Arctic Ocean.
posted: 09/29/2014 1:53 a.m.
DUBAI, United Arab Emirates -- A Swiss-made solar-powered aircraft will start and attempt to finish its first round-the-world flight from the United Arab Emirates capital of Abu Dhabi, a government-backed renewable energy company in the oil-rich Gulf federation said Thursday.
posted: 09/28/2014 2:13 a.m.
As Mexico works to develop rich shale oil fields along its Gulf Coast and attract foreign investors, it faces a challenge posed by the brutal drug gangs that are stealing billions of dollars’ worth of oil from pipelines.
posted: 09/28/2014 2:06 a.m.
The corn has grown to only half its normal height on Yan Shuqin's ranch in the hills of Inner Mongolia this year, as a swath of northern China suffers its worst drought in 60 years.
posted: 09/27/2014 1:50 a.m.
Passengers on European airlines will soon be able to use portable electronics including cellphones and tablet computers any time during flights, under new safety guidelines issued Friday.
posted: 09/27/2014 1:44 a.m.
Berlin court upholds city's ban on Uber LONDON -- A Berlin court Friday upheld a ban imposed on Uber, the ride-sharing service, that had barred it from operating in the German capital.
posted: 09/25/2014 2:21 a.m.
General Motors Co. expects its sales in China this year to top 3.1 million vehicles and sees no effect on business from an anti-monopoly investigation of the industry, the president of the automaker's China unit said Wednesday.
posted: 09/25/2014 2:17 a.m.
Francisco Rodriguez, an economist with Bank of America Corp., was at a routine meeting with Venezuelan central bank officials last week when he sprung an unusual question on them: Can you show me your gold?
posted: 09/25/2014 2:12 a.m.
BP is told it can't recoup spill payouts NEW ORLEANS -- BP wants its money back -- hundreds of millions of dollars of it -- but a federal judge said Wednesday that the oil giant must keep its promises to the companies it compensated for losses they blamed on the 2010 Gulf oil spill.
posted: 09/24/2014 2:22 a.m.
Burger King Worldwide Inc.'s deal to buy Tim Hortons Inc. and move its address to Canada will proceed, a company spokesman said Tuesday, a day after the U.S. Treasury Department announced plans to crack down on corporate inversions.
posted: 09/24/2014 2:19 a.m.
British regulators fined Barclays investment bank about $61.6 million for failing to properly segregate billions of dollars in client assets, potentially putting them at risk if the bank were ever to become insolvent.
posted: 09/24/2014 2:10 a.m.
Grim economic news from Europe and airstrikes in Syria rattled global stocks Tuesday.
posted: 09/24/2014 2:08 a.m.
Cadillac to move headquarters to NYC DETROIT -- The Cadillac luxury brand will move its headquarters to New York next year to get closer to those living lives of luxury.
posted: 09/23/2014 1:52 a.m.
LONDON -- Tesco's overstatement of its first-half profit estimate sparked anger Monday among investors in Britain's largest grocer and the world's second-largest supermarket chain after Wal-Mart, with one calling for heads to roll for "crass incompetence."
posted: 09/23/2014 1:51 a.m.
FRANKFURT, Germany -- European Central Bank head Mario Draghi defended the bank's new stimulus programs Monday as he warned that the weak economic recovery in the eurozone "is losing momentum."