U.S. motorists drove 9 billion miles (14.5 billion kilometers) or 3.5 percent less in October than they did a year earlier even as gasoline prices continued to fall, the Transportation Department said
Russia, the world's biggest non-OPEC exporter, could vow to curb supply in line with deep cuts OPEC is expected to agree in Algeria next week as it seeks to gain political clout,
Oil fell below $44 a barrel on Friday, after the collapse of a $14 billion rescue plan for U.S. automakers caused heavy losses across global financial markets and Goldman Sachs predicted oil
Oil fell towards $45 a barrel on Friday, after the collapse of a $14 billion rescue for U.S. automakers caused heavy losses across global financial markets and Goldman Sachs predicted oil could
President of the Republic of Cyprus, Demetris Christofias, has expressed deep sorrow for the death of former Cypriot President Tassos Papadoulos, who passed away Friday. ''I would like to express my deep
Former President of the Republic of Cyprus, Tassos Papadopoulos, passed away today. Papadopoulos’ death was announced by Director of the Intensive Care Unit of the Nicosia General Hospital Theodoros Kyprianou. The former
European leaders moved towards agreement on Friday on a multi-billion dollar plan to tackle the global recession and a climate change plan amended to limit impact on struggling industries. Green groups warned
Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday with allegedly running a $50 billion "Ponzi scheme" in what may rank among the biggest fraud
The U.S. Senate failed on Thursday night to reach a last-ditch compromise to bail out automakers, effectively killing any chance of congressional action this year. The $14 billion legislation officially died in
The trade deficit based on provisional figures for October widened by almost EUR 1 bln in the first ten months of the year. Total imports reached EUR 615.7 mln, of which EUR
