Business
Oil Catches Breath Near Six-And-A-Half-Year Lows After Falls
Oil stabilized on Wednesday after China's central bank moved to support the country's economy, but prices stayed near 6-1/2-year lows as a heavy supply...
World Shares Sag As China Jitters Persist
World shares sagged on Wednesday as investors feared fresh rate cuts in China may not be enough to stabilize its slowing economy or halt...
Amazon Expands Prime Now, Offers U.S. Alcohol For First Time
Amazon.com Inc (AMZN.O) said on Tuesday it will begin delivering wine, beer and spirits to U.S. customers for the first time as part of...
Nigeria To Start Oil Reforms Before New Industry Law
Nigeria will start reforming its oil industry using existing laws before it can pass a long-awaited Petroleum Industry Bill (PIB), which will take a...
China Cuts Rates, Reserve Ratio After Stocks Plummet Again
China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday,...
IAEA Warns Money Running Out To Monitor Iran Nuclear Deal
The U.N. nuclear watchdog said on Tuesday it will run out of money next month to monitor implementation of nuclear accords with Tehran and...
China Market Slump: Central Bank Cuts Interest Rates
China has cut its main interest rate to boost growth in its economy.
The People's Bank of China cut its main interest rate by 0.25...
Global Stocks, Oil, Dollar Extend Gains After China Cuts Rates
Stocks, oil prices and safe-haven bond yields rose on Tuesday as a tentative market rebound picked up pace after China cut interest rates and...
South Africa Rand Hits All-Time Low Against The Dollar
South Africa's currency has fallen to an all-time low against the US dollar.
It briefly hit a rate of 14 to the dollar amid concerns...
Wall Street In Free-Fall; All Three Indexes In Correction
Wall Street opened sharply lower on Monday with the Dow Jones industrial average losing more than a 1,000 points following a more-than 8 percent...
