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G7 ready to act against Ukraine cease-fire violators

G7 leaders have expressed their readiness to act against violators of the Ukraine cease-fire agreement, according to a joint statement Friday. "We, the leaders of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, the President of the European Council...

Oil tops $60 for first time in 2015; oversupply persists

(Reuters) - Oil hit its highest level for the year on Friday with Brent crude rising above $60 a barrel, as euro zone economic growth exceeded expectations and market bulls priced in another drop in the U.S. oil rig count. The rise in prices was also fueled by bets that cuts in...