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USA benchmark West Texas Intermediate tumbled US$1.11, or 2.7 per cent, to US$39.97 a barrel on the New York Mercantile Exchange.

Toshiba, Fujitsu and Vaio were not immediately available for comment outside regular business hours. Vaio spun off from Sony in 2014, and just recently entered the United States market with the high-end Vaio Canvas Z tablet.

OPEC is committed to continuing production of about 31.5 million barrels a day, Nigeria’s Minister of State for Petroleum Resources and OPEC President Emmanuel Ibe Kachikwu said in Vienna after the group met Friday. Members set aside their previous daily output target of 30...

The business isn’t attractive, “given the difficulties successive managers have had in turning it around”, WSJ reported on Thursday, citing a person familiar with the matter. “This would appeal to global players, media companies, telecom participants and...

The bureau says credit card consumers have saved $16 billion since 2011, thanks to a law banning “gotcha” credit card issuer tactics that were common during the last decade. The CFPB is ordering the company and its owner to halt their illegal practices and improve the...

Missing analysts’ expectations, the trade deficit widened from Can$2.3 billion (US$1.7 billion) in September to Can$2.8 billion (US$2.1 billion) in October, as exports decreased 1.8 percent and imports fell 0.8 percent, said statistics Canada.

The McDonald’s case is the third to focus on Luxembourg, adding to the Fiat case and an ongoing probe into tax rulings obtained by Amazon.com Inc.

The official figures were released as the Office of Refugee Resettlement told resettlement officials that states can not deny benefits and services to refugees based on their nationality or religion, meaning Syrians can not be discriminated against.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.44% at 98.25 in early European trading, off Thursday’s one-month trough of 97.60.

The unemployment rate held at a seven-year low of 5.0 percent, and job creation numbers for the previous two months were revised upward, more indication that the USA economy remains strong despite the global slowdown.

The life in Chennai has literally come to a standstill with broken transport connection, no supply of necessary commodities and much more.

The panel headed by chief economic advisor Arvind Subramanian submitted its report on the Goods and Services Tax recommending a standard rate of 17 to 18 per cent for GST, it said on Friday.

The country lost more jobs than expected in November, with Statistics Canada reporting on Friday a net decline of 35,700 positions in the month.

The report indicates that Fitbit remained the world’s largest wearable manufacturer by units shipped. Xiaomi positioned itself just below Apple in the rankings, being estimated to have shipped 3.7 million wearables during the quarter, an 815% YoY increase. However, this...

Erdogan on Thursday said Turkey had proof Russia was involved in the illegal oil trade with IS, countering “immoral” Russian allegations. “Our hope is that they will give up their baseless claims”.