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Saudi Arabia's OPEC governor: hard to reach $100-120 oil again
Saudi Arabia's OPEC governor Mohammed al-Madi said on Sunday that he believed it would be difficult for oil to reach a price range of $100-120 per barrel again.
Currency hedging takes on new importance for global stock funds
As the dollar surged in the last 12 months, David Marcus, head of the Evermore Global Value fund, steadily increased his stake in Europe. He now has 60 percent of his portfolio invested in companies in the euro zone, the largest stake among any global fund tracked by Lipper.
U.S. inflation, Greek tensions in focus
Markets still digesting an unexpectedly cautious message from the Federal Reserve will get more food for thought this week with U.S. inflation data and potentially rising risks of a Greek exit from the euro zone.
Steve Jobs bio says Disney CEO kept Jobs' condition a secret: Bloomberg
Walt Disney Co CEO Bob Iger learned that Steve Jobs' cancer had returned less than an hour before Disney announced it was buying Jobs' Pixar studio in 2006, and Iger kept the Apple co-founder's condition a secret for three years, according to Bloomberg, citing a new biography of Jobs.