SYDNEY (Reuters) - Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country’s service sector did little to dent optimism on global growth, while political uncertainty caused turbulence for the Turkish and British currencies. Liquidity was...

SINGAPORE (Reuters) - Oil prices edged up on Monday, after a 2 percent slide on Friday, as the number of rigs drilling for new oil in the United States dipped and on expectations that Saudi Arabia would continue to restrain its output to support the market. Meanwhile, oil ports,...

STOCKHOLM (Reuters) - Struggling mobile telecom gear maker Ericsson proposed Ronnie Leten, former CEO at Atlas Copco, as its new chairman, it said on Monday. “Mr Leten is a very skilled businessman, technically savvy and strategically versatile,” Johan Forssell, chairman of the...

OPEC and other oil producers may need to take “some extraordinary measures” next year to rebalance the oil market, the OPEC secretary-general said on Sunday. “There is a growing consensus that ... a rebalancing process is under way. We are gradually but steadily achieving our...