Search For Keyword.

Business

Japanese recession threatens planned tax hike

Japan’s economy fell into recession Monday in a set back for Prime Minister Shinzo Abe’s administration, local media reported. The second successive quarter of negative growth will put pressure on the government to postpone a planned sales tax increase, the Kyodo news...

Libya's El Feel oil field shut down, third site within days

(Reuters) - An oil field in southwest Libya has closed down, officials said on Sunday, becoming the third oil facility in the chaotic country to shut within a week. The El Feel field, operated by Libya's National Oil Corporation (NOC) and Italy's ENI, shut down due to a power...

China deal sends shares to one-month high, ruble surges

(Reuters) - A landmark deal to give global investors easier access to China's $3.9 trillion stock market lifted world shares to their highest in over a month on Monday, as tensions in Libya and Ukraine pushed up oil prices. Chinese shares jumped 2.5 percent and Hong Kong's Hang...