Saudi Prince Alwaleed predicts the world will never again see oil at $100 per barrel, but he says Saudi Arabia and OPEC will not blink. ..
Russia may have to spend more than $40 billion this year to avert a banking crisis, as the growing likelihood of a sharp recession threatens to pile extra costs on a sector su ..
Brent crude oil rose on Friday after the death of Saudi Arabia's king added to uncertainty in oil markets, although the new ruler indicated immediately there would be no ..
Greece will have to ask for a new extension to its euro zone bailout programme before 1.8 billion euros in pending aid can be paid, a senior euro zone official said on Friday, ..
U.S. home resales rose slightly in December, a hopeful sign as the housing market recovery looks to pick up pace in 2015. The National Association of Realtors said on Friday e ..
McDonald's had another depressed quarter to close out 2014, but in some ways it could have been worse. ..
The U.S. manufacturing sector continued to expand in January but at a slightly slower pace than the month before, matching the lowest reading in a year, an industry report sho ..
Analysts on average had expected a fall of 2.1 percent, according to research firm Consensus Metrix. McDonald's set a capital spending target of about $2 billion for this ..
The state-owned petroleum giant Pemex paid $9 million in 2011 to have an oil rig towed halfway round the world, from the United Arab Emirates to the Gulf of Mexico. The rig ha ..
He's irking some of his richest friends, too, by snubbing their pleas to end the conflict in Ukraine and ostracizing all but a handful of hardliners. The ruble's plunge has he ..