Oil fell 5 percent to its lowest in nearly six years on Monday, extending the second-deepest rout on record, after Goldman Sachs warned that prices would fall further and Gulf oil producers showed no sign of cutting output.
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Oasis Petroleum 'happy' to have SPO as largest shareholder
North Dakota oil producer Oasis Petroleum welcomes having hedge fund SPO Partners & Co as its largest shareholder, Chief Executive Tommy Nusz said in an interview on Monday, commenting on a fund that has been a shareholder since Oasis went public in 2010.
Malaysia's $20 billion bank merger headed for collapse: sources
Malaysia's proposed $20 billion merger to create the world's biggest Islamic bank is likely to be scrapped after CIMB Holdings and RHB Capital failed to agree on new deal terms, people familiar with the matter told Reuters.
Portugal Telecom shareholders postpone vote on asset sale
Portugal Telecom SGPS (PTC.LS) shareholders on Monday postponed until Jan. 22 a vote on the sale of its former operations by its merger partner, Brazil's Oi (OIBR3.SA), complicating the 7.4 billion euro ($9 billion) deal and possibly casting doubts on the long-agreed deal.
Microsoft, Google tangle over Windows security patch
Microsoft Corp has complained publicly about tech rival Google Inc revealing a security flaw in its Windows 8.1 system just days before Microsoft was scheduled to roll out a fix for the problem, potentially exposing users to hacking.
Latest News
The Federal Reserve should stop talking about the need for a "patient" interest rate policy just before it thinks it will begin hiking rates, a top Fed policymaker said on Monday.
The stress of having her second child and her constant worry over Prince William potentially following the Duke of York's footsteps had a news site speculating that she might following the same fate as Princess Diana.
Amanda Knox made headlines 7 years ago with regard to the murder of Meredith Kercher. Many are asking where is she now and what is she doing while waiting for the next decision on March 2015.
The return of ‘Arrow’ for the mid-part of its third season will bring in a new form of suspense and excitement to fans. It will finally be revealed if Oliver Queen managed to survive the deadly battle where he was severely wounded by his nemesis Ra’s al Ghul.
Kandi Buruss' party last week only ended up in disaster. However, the gracious host insists it wasn't her fault. Who does she blame?
Eddie Redmayne may have needed to cut his honeymoon short for Golden Globes, but it seems worth it after the actor won Best Actor for his portrayal of Stephen Hawking in "The Theory of Everything." He confesses that he felt anxious for the role.
With the released photos of the reshoots of the upcoming Insurgent film being posted online, it looks like 'Insurgent' fans are going to expect a lot of action. Onscreen boyfriend and girlfriend Theo James and Shailene Woodley will certainly captivate fans everywhere with their undeniable chemistry.
“The Last of Us” was well received by players when it was initially released by Naughty Dog. Players were able to connect with the game on an entirely new level. However, Game Developers thinks that they could have done more.
China's Alibaba Group Holding Ltd is in talks with the South Korean city of Incheon for a 1 trillion won (about $923 million) joint investment on a new business complex, the Dong-A Ilbo daily reported on Monday.
