The country said it was illogical for it to freeze its crude production, as Russia, Saudi Arabia, Venezuela and Qatar agreed to do.
The Dutch lender reported a 32 percent yearly drop in fourth-quarter net profit, as regulatory costs rose to $247 million from $101.2 million a year ago.
Foreign fund outflows from Indian stock markets and higher demand for the U.S. dollar from importers contributed to the slide.
The agreement, signed at the Singapore Airshow Wednesday, is subject to approval of the Chinese government.
Disclosures to the Securities and Exchange Commission offer a glimpse into what hedge fund managers saw as investment opportunities.
Employees averaging more than $20 an hour at an Indianapolis plant will lose their jobs to Mexicans paid $3 an hour, union officials said.
Shares rose in Japan after a government report predicted companies would order more machinery this quarter than last.
OPEC members will travel to Tehran on Wednesday to persuade the country to participate in a deal to freeze output levels.
The ‘Oracle of Omaha’ disclosed a new investment in pipeline operator Kinder Morgan as oil prices remain low.
America's oil capital is eager to embrace another industry — the life sciences — to insulate itself against the decline in energy prices.
The decision should rejuvenate Northrop’s aviation business and ease concerns at its Palmdale, California, plant.
Major banks “pose a significant, ongoing risk to our economy,” new Minneapolis Fed President Neel Kashkari warned Tuesday.
Recent market volatility has driven panicked investors to buy gold. But rising precious metals prices could soon tarnish, the bank warns.
Negative interest rates, financial turmoil and a weaker dollar are drawing investors back into gold. But will its return to favor last?
Yahoo Finance will host the first-ever live stream of billionaire investor Warren Buffett's annual bonanza for Berkshire Hathaway shareholders.
Investors snapped up beaten-down stocks Tuesday as oil prices stabilized after producers inked an output agreement.
The mining giant reported a pretax loss of $5.5 billion in 2015, compared with $259 million in 2014.
A conditional agreement among Saudi Arabia, Russia, Venezuela and Qatar at a Doha meeting dashed expectations of a production cut, leading to a fall in crude prices.
Attempts to boost the economy through cheaper loans may be having some impact — but rising bad loans worry analysts.
According to the Wall Street Journal, the CEO of the American giant's oil and gas subsidiary recently visited Iran to look at "potential business opportunities."
India’s tax department warned it may seize the company’s assets if it does not pay a disputed tax bill that dates back to 2007.
The home-security company agreed to be acquired by affiliates of private equity giant Apollo Global Management for $42 a share, according to reports.
Other factors included a stronger yuan, speculation on more Japan stimulus and the European Central Bank's vow to fight deflation.
State-owned Deutsche Bahn will incorporate electric and hybrid vehicles as it responds to competition from other modes of transport.
The acquisition makes the oil giant the world leader in liquefied natural gas, and will allow it to focus on deepwater fields off Brazil.
OPEC may change its stance on production caps, but industry experts say it might not be enough to end the oil glut around the world.
Performance reviews will reportedly assess whether employees act ethically or are team players.
The currency saw its biggest single-day boost in 10 years Monday as trading resumed after Lunar New Year festivities.
Japan's benchmark Nikkei 225 Index led the rally in Asian markets Monday, as weaker-than-expected GDP data raised hopes of an economic stimulus.
Charles Woodburn, an outsider to the defense industry, is widely expected to take over as CEO from Ian King.