The drop in oil prices to their lowest in two years has caught many observers off guard, coming against a backdrop of the worst violence in Iraq this decade, heightened tensions between the West and Russia, and sanctions against Iran.
Legal & Regulatory
Weak Chinese demand may push zinc stocks to LME warehouses
More refined zinc is likely to be shipped from bonded warehouses in China to warehouses approved by the London Metal Exchange in Asia in the fourth quarter as tight credit crimps domestic demand at a time of increased imports, traders said.
London designers target fashion-hungry shoppers with 'tech firsts'
Fueled by the boom in online sales for the latest trends, London's designers are finding new ways to deliver instant gratification to fashion hungry shoppers, amid high hopes of boosting growth in the sector.
Dubai's Emaar looks to raise $1.58 billion from malls unit's IPO
Dubai's Emaar Properties is seeking to raise as much as 5.8 billion dirhams ($1.58 billion) from an initial public offer of shares in its shopping malls unit that is expected to be the Gulf's biggest stock sale since 2008.
Sinopec sells $17.5 billion stake in retail unit to investors
Sinopec Corp will sell a 107.1 billion yuan ($17.5 billion) stake in its retail unit to a group of 25 Chinese and foreign investors, Asia's top oil refiner said in a statement on Sunday.
Latest News
A chance to buy the candy empire of Ukrainian President Petro Poroshenko is the kind of opportunity in a fast-growing market that would normally have multinational confectioners - like Nestle or Cadbury's parent Mondelez - drooling at the prospect.
China will pledge to invest billions of dollars in India's rail network during a visit by President Xi Jinping this week, bringing more than diplomatic nicety to the neighbors' first summit since Narendra Modi became prime minister in May.
Workers at a Lear Corp plant in Indiana that makes parts for Ford Motor Co went on strike Saturday, according to the Chicago Tribune.
The European Union sought ways on Saturday to marshal billions of euros into its sluggish economy without getting deeper into debt, considering options from a pan-European capital market to a huge investment fund.
Canada's New Democrats on Saturday proposed enacting a C$15-an-hour ($13.53) federal minimum wage, as the left-leaning party, lagging in third place in opinion polls, seeks to stake out specific policy positions before a likely 2015 election.
A rare blue flawless 12-carat diamond, one of the world's rarest gems, was the newest attraction at the Natural History Museum in Los Angeles on Friday, adding a vibrant sparkle to the museum's gem collection.
Incoming European Economic and Financial Commissioner Pierre Moscovici said on Saturday that France's missed budget deficit targets were a "serious problem" that he will have to examine in his new role.
Japanese Prime Minister Shinzo Abe said on Sunday he remained "neutral" on whether to proceed with a hike in Japan's sales tax to 10 percent, adding that decision would hinge on the strength of economic indicators for the current quarter.
Europe's antitrust chief hit back on Friday at media reports suggesting that he had bowed to political lobbying by delaying a final decision on alleged anti-competitive behavior by Google.
