IEA sees new era, no quick rebound in oil prices

The oil market has entered a new era with lower Chinese economic growth and booming U.S. shale output, making a return soon to high prices unlikely, the West's energy watchdog said on Friday.


IOC to unveil major Olympic changes next week

The International Olympic Committee will unveil plans to overhaul parts of the sporting extravaganza next week as they look to make the Games more attractive to fans and sponsors alike.

NASA capsule arrives at launch pad for first test flight

A new U.S. spaceship designed to fly astronauts to the moon, Mars and other destinations beyond the International Space Station arrived at a Florida launch pad on Wednesday in preparation for an unmanned test flight next month.

Stocks struggle after euro zone growth reports

European stocks fell back on Friday and U.S. stocks looked set to open flat after a mixed bag of euro zone growth numbers that showed France and Germany growing marginally but others like Italy still firmly in recession.


Latest News

The G20 leaders summit in Australia starting on Saturday is setting up as a showdown between Western leaders and Russian President Vladimir Putin, following fresh reports of Russian troops pouring into eastern Ukraine.
Asian stocks dipped on Friday following fresh signs of slowing Chinese growth, with energy stocks depressed across the region as crude oil hovered near a four-year low in an oversupplied market.
The Smithsonian Institution, the world's biggest museum complex, unveiled a $2 billion plan on Thursday to revamp the south side of the National Mall, a favorite draw for Washington's millions of tourists.
Christie's held the biggest art auction in history on Wednesday, selling $853 million worth of contemporary and post-war art, led by a pair of Andy Warhol works featuring multiple images of Elvis Presley and Marlon Brando.
Aumento Capital V Corporation (the "Corporation"), is pleased to announce that it has completed its initial public offering (the "Offering") today of 1,015,000 Common Shares at a purchase price of $0.60 per Common Share by way of a prospectus for gross proceeds of $609,000.
NBA Commissioner Adam Silver said on Thursday he "couldn't disagree more" with remarks made by the head of the players union that the league's salary cap is unjust and un-American.
Geron Corp licensed its cancer compound, the last in its pipeline, to a unit of Johnson & Johnson for up to $935 million, sending its shares up as much as 33 percent in extended trading.
Hachette Book Group and Amazon.com Inc said on Thursday they reached a multi-year agreement for e-book and print book sales after months of bitter fighting that pitted writers and publishers against the world's largest online retail store.
The U.S. government warned iPhone and iPad users on Thursday to be on the alert for hackers who may exploit a vulnerability in Apple Inc's (AAPL.O) iOS operating system that would enable them to steal sensitive data.
Electronic trading company Virtu Financial LLC hopes to go public in the spring, about a year after it originally planned its market debut, two sources familiar with the matter said on Thursday.
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