Fearing a trade war, a Spanish oil executive is asking Madrid to take a cautious approach to how it responds to Argentina's seizure of two subsidiaries of a Spanish oil major .
Stocks were poised for a higher open, putting the S&P 500 on track to snap a 2-day drop, after better-than-expected results from Microsoft and General Electric Co propelled what has been a solid earnings season to date.
South Sudan's President Salva Kiir ordered his forces to withdraw from the town of Heglig on Friday, even though he still believes the oil field is property of South Sudan.
Stock index futures rose on Friday, indicating the S&P 500 may snap a 2-day decline, after better-than expected results from Microsoft and General Electric Co propelled a solid earnings season.
Stock index futures rose on Friday, indicating the S&P 500 may snap a 2-day decline, after quarterly results from Microsoft and General Electric Co propelled a solid earnings season.
The European Union will formalize a suspension of sanctions against Myanmar next Monday, allowing for major easing on restrictions against the country over the next year.
The European Union parliament approved a deal on Thursday that will allow U.S. authorities to store sensitive data on trans-Atlantic airline passengers.
German bond yields hovered near record lows and the euro held steady on Thursday ahead of bond auctions by Spain and France that are key to investor confidence in Europe's ability to tackle growing economic and fiscal problems.
Asian shares moved in a narrow range Thursday after the previous day's rally as investors grew cautious ahead of a key Spanish bond sale that would test the market's risk appetite as concerns mounted over the euro zone's debt crisis.
Japan slashed its oil purchases from Iran in April, cutting imports from the Islamic Republic by nearly 80 percent.
Iran said that the nuclear negotiations have proved that Western countries are unable to force Iran to surrender and give up its absolute and legitimate rights to use peaceful nuclear energy.
The ship flies an Antigua and Barbuda flag and that it is chartered to a Ukrainian company.
Nobel Prize Laureate and opposition leader, Aung San Suu Kyi, plans to leave Myanmar to visit Europe - her first time out of the country in 24 years.
Syria is trying to sell gold reserves to raise revenue as Western and Arab sanctions targeting its central bank and oil exports begin to bite, diplomats and traders said.
Economic experts watching Spain don't know how much money will be needed or precisely when, but some are near certain that Madrid will eventually seek a multi-billion euro bailout for its banks, and perhaps even for the state itself.
The International Monetary Fund (IMF) has raised its global growth forecast despite a persisting Eurozone debt crisis.
About 90 percent of Syrian crude exports went to Europe -- oil revenues represented about one-fifth of Syria’s GDP.
The International Monetary Fund on Tuesday appeared to be inching toward a deal on boosting its financial firepower with Japan, Sweden and Denmark committing a total of $77 billion to help contain the euro zone debt crisis.
The outbreak of a new livestock disease in western Europe last year, particularly harmful to offspring, could move further into areas surrounding the worst affected countries in the next cycle of new births, scientists say.
Foreign direct investment (FDI) into China continued to fall for the fifth consecutive month in March, as concerns over European sovereign debt crisis curbed investments by companies in the world’s second largest economy.
Vacation is over and the euro zone crisis in 2012 is back as fundamental realities of high debt and low growth set in again, said economist Nouriel Roubini of Roubini Global Economics in a recent commentary amid rising yields for Spanish and Italian sovereign debt.
The euro zone experienced a €2.8 billion trade surplus in February, however the European Union as a whole suffered a €9.4 billion deficit, a Eurostat report said Monday.