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Oil prices fell sharply lower this afternoon, after a report suggested that the Organisation of Petroleum Exporting Countries (Opec) decided not to cut production at its meeting in Vienna.

As crude oil prices dip to seven-year lows, it appears global oil markets will remain oversupplied at least until the end of 2016 as demand growth slows and OPEC output booms.

JOHANNESBURG, Dec 14 South Africa’s rand leapt on Monday after President Jacob Zuma named Pravin Gordhan as finance minister, seeking to draw a line under days of market turmoil that have triggered calls for him to stand down as leader.

When interest rates go up, bond prices go down.

Donald Trump has moved back into the lead of the 2016 Republican presidential contest, while Ted Cruz has surged into second place, according to a new national NBC News/Wall Street Journal poll. “I was against going into Iraq”. “I was for bombing (the Islamic...

The Russian Defence Ministry said that it had summoned the Turkish military attache over the incident and one of its warships, the destroyer Smetlivy, had been forced to fire the warning shots on Sunday.

Still recovering from an emissions cheating scandal, Volkswagen AG agreed to improve oversight of its engine-software department to prevent future manipulations, Reuters reported Thursday.

Canada’s Immigration and Refugees Minister John McCallum says thanky you!

China is willing to work with African nations to improve partnership and boost bilateral cooperation for the benefit of both peoples, President Xi Jinping said on Thursday, Dec. 3, during the welcome banquet for leaders who participated in the second summit of the 15-year-old...

At a news conference, Governor Charlie Baker said that the operator stepped off the train at 6:08 a.m.at the Braintree station on the MBTA’s Red Line to examine a signal that was experiencing a problem.

DuPont Chief Executive Ed Breen will be CEO of the new company, and Dow Chemical CEO Andrew Liveris will be executive chairman.

However, former Prime Minister Stephen Harper refused to authorize an inquiry.

“I think it’s a very good decision on the part of the president to reappoint “PG” as minister of finance”, said Mboweni over the phone.

Where analysts, pundits and many investors seemed willing earlier in the year to give Chief Executive Marissa Mayer a chance to turn the company’s fortunes around by focusing on its core business, patience appears to have grown thin over the past 12 months.

Overnight, crude futures plunged to fresh seven-year lows after OPEC reported on Thursday that it pumped oil at its highest level in more than three years in November, exacerbating longstanding concerns related to the excessive supply glut on global energy markets.