Brazil's state-run power company Eletrobras said on Friday its board had approved a plan to renegotiate 8.5 billion reais in debt owed to state-run oil firm Petroleo Bras ..
The House passed a controversial $1.1 trillion spending bill late Thursday. The legislation now heads for the Senate, which must pass it before midnight to avert a government ..
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The head of the European Central Bank is set to tell European leaders in stark terms at a summit next week that they need to reform straggling economies or risk blunting an am ..
Oil prices are likely to come under further downward pressure, the International Energy Agency said on Friday, as it cut its outlook for demand growth in 2015 and predicted he ..
Stocks gave up sizeable gains on Thursday after oil reversed course and fell below $60 per barrel. ..
Brent crude oil slipped on Friday to below $63 a barrel, its lowest since July 2009, on persistent concerns over a global supply glut and a sluggish demand outlook. ..
Renewed signs of weakness in China's economy and the slide in oil prices sent world stock markets lower Friday despite robust U.S. retail sales. KEEPING SCORE: Britain ..
China's economy showed further signs of fatigue in November, with factory output growth slowing more than expected and growth in investment near a 13-year low, putting pr ..
A relentless slide in crude prices put energy stocks and currencies exposed to oil exports under pressure on Friday, dampening appetite for riskier assets and underpinning flo ..