BUSINESS

As the year draws to a close, Kirsty Basset looks at how commodities took a beating in 2015, and asks what might be in store next year.

Colorado’s Fourth Corner Credit Union wants to solve the cash-based marijuana industry’s banking woes. Does it have the legal ability to do so?

Vnesheconombank, crippled by Western sanctions, is reportedly used by President Vladimir Putin to fund pet projects.

In a milestone year for India, FDI inflows to Asia's third-largest economy outpaced both China and the U.S. in the first half of 2015.

Evergrande announced Tuesday that it would buy real estate worth $3.2 billion from Hong Kong billionaire Cheng Yu-Tung.

The billionaire investor raised his offer to $18.50 per share earlier Monday, after a prolonged bidding war with Bridgestone over the U.S. auto parts company.

President Xi Jinping unexpectedly announced in September that he would cut troop numbers by some 13 percent of the world's biggest military.

The company said last week it would book a record net loss this year and cut around 5 percent of its workforce.

The size of the deposit-rate increase, affecting most institutional clients, will vary, the Wall Street Journal reported.

The latest update regarding CEO Michael Pearson sent the troubled drug company's shares tumbling by more than 10 percent Monday.

Falling petroleum prices are dragging down the stock prices of energy companies and their suppliers around the world.

With petroleum prices set to remain sluggish in 2016, producers will continue to feel squeezed while consumers could continue saving cash.

California, New York and a dozen other states will lift their hourly minimum wage beginning Thursday or Friday.

Strong online sales and demand for furniture and women’s apparel helped retail sales grow this holiday season, according to MasterCard.

The PBOC said it would maintain a prudent monetary policy, keeping its stance "neither too tight nor too loose."

Production at TengizChevroil, Kazakhstan’s largest oil producer, is crucial to the country’s oil output, which took a hit after the massive Kashagan oil project was shut down for repairs in 2013.

Trade data released Monday left industry analysts unimpressed with some suggesting that a clear recovery in the country’s economy could be pushed into early 2016.

Oil touched $38 per barrel on Thursday after falling below $36 per barrel, an 11-year low, earlier in the week.

J. Michael Pearson's illness came as investors are pressing the Canadian drugmaker to provide a detailed plan on how it will grow profits in 2016.

The alarming drop in Taiwan's fertility rate to less than 1 per woman from about 1.7 in 2000 has led to a major demographic challenge for policymakers.

The climate phenomenon has wreaked havoc in countries from Australia to Vietnam, and could have implications for the global food chain.

Africa's most industrialized economy may add as many as 9,600 megawatts of nuclear power to its electrical grid, now heavily reliant on coal.

Sales from the day after Christmas could exceed those from Black Friday, according to one recent poll.

Economists differed on the net positive or net negative effects of the interest-rate hike on eurozone economies.

Oversupply, combined with lower demand for its products, has pushed Chinese companies' profits down, especially in the mining sector.

The Muslim-majority country banned the sale of beer in convenience stores in April, to combat underage drinking.

South Korea's antitrust watchdog ordered the conglomerate to simplify the corporate structure of its publicly listed companies earlier Sunday.

The West African country will renovate a rail line linking its capital of Bamako to the border with neighboring Senegal.

Eight major energy companies are expected to cut their budgets by a combined $21 billion next year.