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The OPEC report was the first since the cartel decided last week to raise its production ceiling to 31.5 million barrels of oil per day, to reflect the “current actual production”, a move that sent oil prices plummeting.

Meanwhile, U.S. Senate negotiators are also allegedly nearing a deal that would allow unfettered crude oil exports for the first time in 40 years.

Shares in one of its core investments, Shanghai Fosun Pharmaceutical, also tumbled Monday, and other group stocks that had been under a trading stoppage Friday sold off as well.

Today’s announcement sees Mahindra, and Tech Mahindra, sign an agreement with Pincar for a 76.06 per cent stake in the Pininfarina business, reportedly worth $255 million.

Considering the key economic indicators-namely job growth, the economic growth rate, and inflation-there is a possibility that the Fed will announce a rate hike. I’ve already shown that 5 percent doesn’t match the inflation criterion for full employment, but what...

During the next four months, it dropped to 5.7 percent.

Oil prices extended losses in Asia on Monday on fears that a global supply glut will last another year, with analysts saying the Paris climate deal likely will have no near-term effect on the commodity. The government is preparing to offer oil and natural gas contracts to...

In October, the Saudi Gazette reported that harsh road conditions and long distances to the nearest hospital had forced some women in the village of Madrakah, where one female candidate was elected, to give birth in cars.

And it might mean there’s a fear of the economy heating up too quickly and leading to inflation. But the hotel- and warehouse-building craze may be winding down, he adds, and a modest rise in rates could discourage some activity in those industries. Whether it’s a...

An investigation with which Fosun International Chairman Guo Guangchang is assisting authorities is mostly about his personal affairs, the company’s chief executive said on Sunday without providing further details.

Another wildly unpredictable trading session on Monday catapulted the UK’s leading stock market to highs of 6,009 – a rise of 0.96pc – before it tumbed 1.32pc to close at 5,874.06, its lowest level since December 2012.

Liveris came under attack a year ago from Loeb, whose Third Point had acquired a 2 percent stake in Dow.

The deal was reached after two weeks of intense negotiations during the United Nations Climate Change Conference of Parties and the 21st session of the Conference of Parties (COP21) held at the French capital.

Over the past three months, 19 Israelis have been killed in near-daily Palestinian attacks, mostly stabbings.

Ushering in a new dawn of relationship, India and Japan today signed high profile agreements, including a historic document on civil nuclear cooperation, an agreement for the high speed train project and creation of a stand alone “India-Japan Make-in-India Fund” of...