Oil prices steadied on Monday as Japan's economy emerged from recession and as strong demand for refined products translated into healthy orders for crude.
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From cattle to corn, crude oil dive ripples through farm economy
Craig Uden, who fattens cattle for beef on his Nebraska feedlot, expects to cut his energy costs by as much as a quarter this year because of falling oil prices - a silver lining in an otherwise tough rural economy.
Germany's Schaeuble 'very skeptical' about Greek debt talks
Germany's Finance Minister Wolfgang Schaeuble said in a radio interview on Monday that he was not very optimistic that Greece and its euro zone partners would reach a debt agreement at a meeting in Brussels later in the day.
Abe hopes BOJ keeps stimulus to meet inflation goal, upbeat on economy
Japanese Prime Minister Shinzo Abe said on Monday he hopes the central bank continues with its bold monetary easing campaign to achieve its 2 percent inflation target.
Freighter backlog worsens outside major West Coast ports
Growing numbers of freighters were backed up around the two busiest U.S. cargo hubs on Sunday because of a dispute between shipping companies and dockworkers that has led to a partial shutdown of ports along the West Coast.
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Australia and New Zealand Banking Group (ANZ.AX) on Monday said Mark Whelan will replace Phillip Chronican as the head of its Australian business.
Foreign direct investment (FDI) in China grew at its strongest pace in nearly four years in January, surging 29.4 percent from a year earlier to $13.9 billion as investors largely shunned the troubled manufacturing sector and focused on the more resilient services industry.
Japanese shares touched an eight-year high on Monday following a record close on Wall Street, with investors cautiously optimistic the European Union would make progress this week on a debt deal with Greece.
Two fifths of British workers landed significant pay rises last year but a similar number endured stagnant salaries as the fortunes of the workforce diverged sharply, a human resources organization said on Monday.
The U.S. aviation regulator proposed rules on Sunday for commercial drone flights that would lift some restrictions but would still bar activities such as the delivery of packages and inspection of pipelines that have been eyed by companies as a potentially breakthrough use of the technology.
Japan's economy likely rebounded from recession in the final quarter of last year, data on Monday is set to show, giving a much needed boost to premier Shinzo Abe's efforts to steer the country out of decades of stagnation.
Sterling scaled a six-week peak early on Monday following recent hawkish-sounding comments from the Bank of England, while the other major currencies were subdued in a holiday-riddled week.
Japanese carmaker Honda Motor Co Ltd (7267.T) plans to slow production at some of its plants in North America due to a parts shortage caused by a partial shutdown of ports along the West Coast.
Greece said on Sunday it was confident of reaching agreement in negotiations with its euro zone partners but reiterated it would not accept harsh austerity strings in any debt pact.
