Bloated inventories and the risk of a price slide will trouble OPEC ministers when they meet in Vienna next week, but oil at close to $70 a barrel is expected to convince
European Union president Sweden called on Friday for an extra informal summit meeting on Sept. 17 in Brussels to coordinate the EU's position ahead of the G20 Summit in Pittsburgh. Swedish Prime
Oil ticked up above $68 a barrel on Friday in relatively thin dealing as investors awaited jobs data from the United States to provide some insight into the health of the world's
In a new report on the global reinsurance sector, Moody's Investors Service concludes that restrained demand, overcapacity and fragile market confidence point to a higher chance that credit support will weaken rather
Britain's leading share index rose 1 percent in early trade on Friday, snapping a three-day losing run as banks and miners led gainers ahead of U.S. jobs data. By 0741 GMT, the
World equities climbed higher on Friday, although investors were cautious about U.S. jobs data due later in the day, while the dollar slipped against a basket of major currencies. MSCI's all-country world
G20 policymakers will this weekend promise to keep economic support packages in place until recovery is certain and seek to reassure financial markets they have credible plans to withdraw the stimulus when
Asian stock markets mostly edged higher on Friday, underpinned by encouraging U.S. retail sales but cautious ahead of a U.S. payrolls report, while the Aussie dollar was supported by a spike in
Federal Reserve Bank President Richard Fisher on Thursday said the United States should have a "good snap-back" from recession in the final months of 2009, but that future growth could be a
Moody's Investors Service has affirmed the Baa1 long term and Prime-2 short term issuer ratings of Kuwait Projects Company Holding K.S.C. (KIPCO), but changed its outlook to ‘negative’ from ‘stable’, reflecting deterioration
