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Brent rebounds above $71 in turbulent oil market

Brent rose to $71 a barrel on Wednesday, recovering some of its losses from the previous session as a turbulent market searched for a price floor after a nearly 40 percent fall since June.


Worried about broader fallout, Japan moves to contain air bag crisis

Japan's auto recall enforcement division, whose 16 members work from a cramped office on the eighth floor of the transport ministry building in Tokyo, only found out about safety issues with Takata Corp air bags in late-2008 - more than three years after the company says it first learned of problems.

The Rolling Stones saxophonist, Bobby Keys dead at 70

After more than 45 years of being one of the best saxophonists in the world, Rolling Stones member Bobby Keys has passed away.

The Bold and the Beautiful Spoilers: Confrontations and Steamy Revelations at Hope's Baby Shower

It is Hope's baby shower, and everyone is invited, except for Quinn. Hope will have to deal with major decisions and confrontations at her own baby shower. A gate crashing Quinn eavesdrops on guests and overhears what they "actually" think of her.


Latest News

China's Shanghai Electric Power (600021.SS) said on Wednesday it was in preliminary contact with top German utility E.ON (EONGn.DE) over the possible purchase of its Italian assets.
Lloyds Banking Group (LLOY.L) has sold a 1.6-billion-pound ($2.50 billion) portfolio of Irish mortgages to Goldman Sachs (GS.N) and CarVal, a private equity group, the Financial Times newspaper reported.
29th annual Golden Disk Awards recently revealed its list of nominees. The award ceremony will be held in Beijing China on January 14 to 15.
IBM is enjoying a wave of major technology outsourcing deals from European customers in the fourth quarter and the new contract signings are not over yet, an executive for the computer services giant said in an interview.
A key House panel has delayed a hearing on the Federal Communications Commission's efforts to write new Internet traffic rules aimed at assuring "net neutrality."
Eight days after a massive cyber attack on Sony Pictures Entertainment, the Hollywood studio was still struggling to restore some systems on Tuesday evening as investigators combed for evidence to identify the culprit.
China's services sector grew slightly faster in November, two surveys showed on Wednesday, a welcome respite to a run of underwhelming data but still unlikely to allay concerns about the softening Chinese economy.
Iranian hackers have infiltrated some of the world's top energy, transport and infrastructure companies over the past two years in a campaign that could allow them to eventually cause physical damage, according to U.S. cyber security firm Cylance.
This year's most anticipated music award shows in Asia, the Mnet Asian Music Awards 2014, will feature performances from American singer-songwriter John Legend and top K-pop acts such as EXO, G-Dragon, Taeyang.
The dollar marked a fresh seven-year high against the yen on Wednesday, which helped lift the Nikkei to a similar record, while oil prices recovered after data showed a drop in U.S. supply.