Business

Fading expectations OPEC would cut production when it met on Thursday sent oil prices tumbling to a four-year low, while a rally in world stocks paused for Thanksgiving in the United States. Gulf oil producers, led by Saudi Arabia, were...

European campaigners against an EU-U.S. accord have held up progress towards the world's biggest free trade deal by deluging an online public consultation that EU officials had hoped would help them unblock a key issue. Of almost 150,000 submissions to...

Deere & Co (DE.N) said it expected equipment sales to fall further as lower grain prices discourage farmers from buying tractors, harvesters and other machinery. Shares of the world's largest farm equipment maker fell as much as 4 percent in...

Goldman Sachs Group Inc, Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the...

SAN FRANCISCO, November 25, (THEWILL) – The Central Bank of Nigeria (CBN) on Tuesday in Abuja devalued the Naira by N13. CBN says the move is part of efforts to strengthen the nation’s economy. CBN Governor, Mr. Godwin Emefiele, disclosed the devaluation...

Scott Wotherspoon runs a small tiling firm in Scotland. In 2008, when he bought a shopfitting company, he asked his accountants to check its books. There was no problem with the shopfitter. But Wotherspoon was about to run into...

The global economy will gradually improve over the next two years but Japan will grow less than previously expected while the euro zone struggles with stagnation and an increased deflation risk, the OECD said on Tuesday. There will be marked...

'Regin' malware described as 'groundbreaking and almost peerless' Experts don't know where it came from, and aren't quite sure what it does. But they do know this: a newly-uncovered cybersecurity threat appears to have been designed by a government, and is...

U.S. stock index futures rose on Monday, indicating that major indexes would move further into record territory, on the back of multiple merger deals and hopes that China will take further accommodative monetary policy action. Equities closed a fifth straight...

Oil prices could plunge to $60 a barrel if OPEC does not agree a significant output cut when it meets in Vienna this week, market players say. Brent crude futures have fallen 34 percent since June to touch a four-year...