Global oil demand will be almost 0.5 million barrels per day (bpd) higher than previously forecast this year and next on stronger-than-expected U.S. and Chinese fuel consumption, the International Energy Agency said.
World equities pulled back from an 11-month high on Thursday in the face of a likely weaker opening on Wall Street. Rising inflation expectations in Europe underlined the headwinds facing the global
Oil rose towards $72 a barrel on Thursday, supported by OPEC's decision to hold output steady and forecasts by the International Energy Agency that global demand will be higher this year and
U.S. mortgage foreclosure filings in August hovered near July's record high despite broad efforts to keep borrowers in their homes and will probably rise for another year, according to a report released
The Bank of England left interest rates at a record low of 0.5 percent for the sixth month running on Thursday and said it would keep its 175 billion pound asset buying
Stock index futures were weaker on Thursday, easing after the S&P 500 benchmark index racked up its highest closing level for the year, while investors awaited data on the labor market. Texas
The 2009 stock market rally continued unabated on Thursday with world equities at an 11-month high, emerging market stocks moving further beyond pre-Lehman demise levels and Japan's index up nearly 2 percent.
The struggle to pick an owner for General Motors' Opel unit was set to come to a head on Thursday after the U.S. carmaker said it had made a decision and would
European equities gained for a fifth straight session and hit a new 11-month peak on Thursday, led by technology and media stocks, with investors awaiting the Bank of England's decision on interest
“No” vote could mean apathy or multi-speed Europe The European Union will be plunged into a crisis that could delay integration, weaken the euro currency and reduce the bloc's global clout if
