As Iraqi militants advanced on Baghdad with M-16s and stolen tanks in June, most investors and traders in the jittery oil markets believed oil prices would spike even higher.
Sectors
Google set to lead $500 million investment in Magic Leap
Google Inc and other investors are planning to invest about $500 million in hardware and software developer Magic Leap Inc to deliver "cinematic reality", technology website Re/Code said, citing sources.
Samsung Electronics CEO hoses down chip war fears
Samsung Electronics Co Ltd does not expect a price war to break out in the semiconductor industry next year even though it is ramping up capacity, the chief executive of the world's biggest memory chip maker said on Tuesday.
Hundreds of alleged Dropbox passwords leaked
Hundreds of alleged usernames and passwords for online document-sharing site Dropbox were published on Monday on Pastebin, an anonymous information-sharing website.
Russian hackers target NATO, Ukraine and others
Russian hackers exploited a bug in Microsoft Windows and other software to spy on computers used by NATO, the European Union, Ukraine and companies in the energy and telecommunications sectors, according to cyber intelligence firm iSight Partners.
Latest News
Saudi Arabia is quietly telling oil market participants that Riyadh is comfortable with markedly lower oil prices for an extended period, a sharp shift in policy that may be aimed at slowing the expansion of rival producers including those in the U.S. shale patch.
One of France's largest banks is teaming up with social network Twitter Inc. (TWTR.N) this week to allow its customers to transfer money via tweets.
Policymakers scrambling to keep the world economy from settling into the "new mediocre" of sluggish growth can no longer rely on global trade to do the heavy lifting.
Singapore public transportation operator SMRT Corp Ltd is considering an 800 million pound ($1.3 billion) takeover bid for unlisted British taxi company Addison Lee, Sky News said on Saturday.
Fiat Chrysler Automobiles (FCA) makes its Wall Street debut to great fanfare on Monday, shifting the carmaker's center of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio Marchionne.
Female central bankers from Ukraine and its bitter rival Russia took the stage together in Washington on Saturday and described differing fallout from the conflict in eastern Ukraine.
South Africa has signed a nuclear power agreement with France, the government said on Friday, three weeks after it reached a similar deal with Russia as part of Pretoria's first tentative steps towards building up to 9,600 MW of nuclear power.
Air France-KLM is pressing ahead with expansion of its low cost brand in France and has a back-up plan if a deadlock with pilots continues, its Chairman and Chief Executive Officer Alexandre de Juniac said in an interview published on Sunday.
Armored AutoGroup Inc is exploring an initial public offering that could value the maker of car care products at more than $1.5 billion, including debt, according to people familiar with the matter.
