Oil rose on Monday as supply concerns driven by lower OPEC output, unrest in Libya and sanctions against Russia outweighed fears of a demand-sapping global recession.
Oil prices reversed losses and edged up on Monday as concerns of tight supply amid lower OPEC output, unrest in Libya and sanctions on Russia outweighed fears of a global recession.
World stocks rose on Monday in trade thinned by a U.S. holiday, benefiting from a recovery in oil prices as concerns about tight supply helped to balance recession fears.
Bezos slams Biden appeal for lower gasoline prices
Airlines faced a test this weekend to determine whether they could handle the increased stress of summer demand amid staffing shortages and an ongoing pandemic.
From a $360 million project to expand Zambia's international airport in Lusaka to a $1.4 billion city port in Sri Lanka's capital of Colombo, China is the missing piece in the puzzle of a number of debt talks under way in developing markets.
The California government passed a bill that will send 17.5 million stimulus checks to its residents.
Georgians rally en mass for EU, urge government to quit
One way to combat inflation is to maintain a diversified stock portfolio.
The fear of an impending recession dominated trade on Wall Street last week, with bond prices rising and stock and oil prices falling.
President Biden faces a lot of criticism for his inaction on a wide range of issues while calling for action on Twitter.
Three killed in Copenhagen mall shooting, 22-year-old suspect arrested
The abrupt departure of Argentina's economy minister and lack of a clear successor could threaten to further destabilize an economy already shaken by sky-high inflation, rising energy costs and growing fears over possible new defaults on debt.
Canada is persisting with its fairly relaxed approach to regulating funds claiming environmental, social and governance (ESG) credentials despite recent allegations of "greenwashing" elsewhere that have spurred other regulators including the U.S.
Canada is persisting with its fairly relaxed approach to regulating funds claiming environmental, social and governance (ESG) credentials despite recent allegations of "greenwashing" elsewhere that have spurred other regulators including the U.S.
Australia's mining and energy export revenues are forecast to climb 3% to a record A$419 billion ($286 billion) in the year to June 2023, buoyed by surging coal and gas prices in the wake of Russia's invasion of Ukraine, the government said on Monday.
Chinese property developer Shimao Group has missed the interest and principal payment of a $1 billion offshore bond due on Sunday, in the latest blow to China's embattled property market.
The life of British theatre director Peter Brook resembled one of his epics, producing more than 100 plays over a career which continued well into his nineties.
Mixed fortunes of celebrities who leapt on NFT craze
US funds software for Russians to slip past censors
US multinationals grapple with soaring dollar
Mali's Foreign Minister Abdoulaye Diop said Saturday he had spoken with his Spanish counterpart after a row over comments the Spainiard made about the possibility of a NATO operation in the African country.
Hundreds of flights axed as US kicks off long holiday weekend
Could waiters one day be replaced by AI? Experts weigh in.
Tesla deliveries fall with temporary closure of China factory
London on Saturday celebrated the 50th anniversary of its first Pride parade, marking half a century of progress in the fight for equality and tolerance but with warnings for more to be done.
Warren Buffett's Berkshire Hathaway Inc said it has bought another 9.9 million shares of Occidental Petroleum Corp, giving it a 17.4% stake in the oil company.
Covid air war being lost, experts warn, urging mass ventilation
Disinformation a major factor in Brazil election debate
Libyan protesters storm, set fire to parliament in Tobruk