Some Opec countries are calling for supply cuts after a drop in oil prices, but core Gulf members are betting winter demand will revive the market, suggesting the group is no closer to any collective steps.
The differing views wit
The US economy likely created jobs at the fastest pace in four months in March as it shifted into a higher gear after being held back by a brutally cold winter.
Employers are expected to have added 200,000 new jobs to their payrol
US consumer spending increased in February, but a dip in sentiment this month offered confirmation that economic growth slowed in the first quarter.
The Commerce Department said yesterday that consumer spending rose 0.3 per cent l
US consumer sentiment weakened in early March as an unusually harsh winter appeared to dim views on the economy's prospects.
The preliminary Thomson Reuters/University of Michigan index of consumer sentiment fell to 79.9 in Ma
This winter has already been the wettest for almost 250 years in England and Wales, Britain's national weather service the Met Office said on Thursday.
Around 435 mm of rain was recorded up to February 24 in England and Wales,
Cold and snow have cut off power to more than 480,000 homes in northern Iran, reduced feedstocks for petrochemical plants and led to a drop in gas supply pressure in some cities, the energy ministry news service said on Monday.
Fresh human cases in eastern China of a deadly new strain of bird flu signal the potential for "a new epidemic wave" of the disease in coming winter months, according to experts.
The strain, known as H7N9, emerged for th
Qatar would be willing to host the 2022 World Cup in the European winter despite winning the bid with a controversial summer proposal, local organisers said on Friday.
"Concerning the timing of the 2022 FIFA World Cup, we hav