Brent futures edged above $111 a barrel on Friday, on course to end the week more than 1 percent higher, as traders awaited a US jobs report later in the day and severe weather cut oil production in Europe and the United States.
The U.S. economy grew faster than initially estimat
South African anti-apartheid hero Nelson Mandela died peacefully at home at the age of 95 on Thursday after months fighting a lung infection, leaving his nation and the world in mourning for a man revered as a moral giant.
The former president and Nobel Peace Prize laureate had b
Hurricane-force winds disrupted transport and power supplies in Scotland and threatened coastal flooding in England as they closed on northern Europe in what meteorologists said could be one of the most powerful storms to hit the continent in years.
British authorities announced
Gunmen and suicide bombers attacked a police intelligence headquarters and a nearby shopping mall in a co-ordinated attack in the northern city of Kirkuk late on Wednesday, killing 11 people and wounding 70, police and medical sources said.
Two suicide bombers armed with sniper r
EU antitrust regulators have vowed to keep investigating rate- rigging as they slapped a record 1.7 billion euro ($2.3 billion) penalty on six financial institutions including Deutsche Bank, RBS and JPMorgan.
The fines by the Commission, which along with authorities around the gl
US lawmakers in the House of Representatives said they were concerned about Iran's ability to continue enriching uranium under the interim agreement on Tehran's disputed nuclear program, an issue they are likely to press as global powers attempt to reach a final agreement.
Bankers in Hong Kong and Malaysia are strengthening ties to boost Islamic business by focusing on the issuance of Islamic bonds and mutual funds to target investors in both markets.
A private-sector forum hosted by regulators this week is part of growing efforts to boost cross-bo
Lebanon's Shi'ite militant Hezbollah group said on Wednesday one of its commanders was killed outside his Beirut home in an overnight attack it blamed on Israel.
Israel denied any role in the killing of Hassan al-Laqqis, which Hezbollah said took place at around midnight
America's largest business lobby group warned the Obama administration on Tuesday against snuffing out the country's energy boom with regulations on new oil and natural gas drilling technologies.
US Chamber of Commerce President Thomas Donohue said an Environmental Protec
Yasser Arafat was not the victim of poisoning, French forensic scientists concluded on Tuesday, countering a Swiss report on the 2004 death of the Palestinian leader that found he was probably killed with radioactive polonium.
The French conclusions were immediately challenged by