Oil hovers above $74 after Chinese data

Oil held above $74 on Tuesday after Chinese factory data signaled sustained growth at the world's second-largest user, outweighing concerns about a potential slowdown in European economy. Although China's factories scaled back

Greece needs investment to exit crisis

Greece will not restructure its debt and will restore market confidence, counting on foreign investment to turn around its debt-ridden economy, its economy minister said. The euro-zone's weakest member is imposing tough