Oil rises to $62, near 2015 high as Mideast risks support

Oil rose to $62 a barrel on Tuesday, close to its 2015 high, supported by threats to Middle East supplies and expectations lower prices may prompt a slowdown in U.S. output.


Samsung Electronics earmarking cash for growth, including M&A

Samsung Electronics Co Ltd aims to use its $56 billion cash pile to fund growth including acquisitions, the tech giant's investor relations chief said, even as more shareholders clamor for bigger dividends.

China January home prices post first month-on-month rise in nine months, seen stabilizing

Average new home prices in China's 70 major cities fell for the ninth straight month but showed some signs of stabilizing in the top cities, signaling an improvement in market sentiment after the central bank cut interest rates and lender's reserve requirements.

Brent crude extends rally, but analysts warn prices could drop

Brent crude extended its rally on Tuesday, moving further away from six-year lows hit in January, but some analysts warned that prices had risen too far and could face a downward correction.


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McDonald's Corp has continued their best service in giving customers the most delicious, savory menu. However, recently, they need to cut off the sodium and the calorie content in their menu to keep customers as they are struggling with their rivals serving people healthier and fresh food.
Craig Uden, who fattens cattle for beef on his Nebraska feedlot, expects to cut his energy costs by as much as a quarter this year because of falling oil prices - a silver lining in an otherwise tough rural economy.
Germany's Finance Minister Wolfgang Schaeuble said in a radio interview on Monday that he was not very optimistic that Greece and its euro zone partners would reach a debt agreement at a meeting in Brussels later in the day.
Japanese Prime Minister Shinzo Abe said on Monday he hopes the central bank continues with its bold monetary easing campaign to achieve its 2 percent inflation target.
Japanese shipments of traditional flip-phones rose in 2014 for the first time in seven years while smartphone shipments fell, highlighting Japanese consumers' tenacious attachment to the familiar and typically less expensive older models.
Oil prices steadied on Monday as Japan's economy emerged from recession and as strong demand for refined products translated into healthy orders for crude.
Foreign direct investment (FDI) in China grew at its strongest pace in nearly four years in January, surging 29.4 percent from a year earlier to $13.9 billion as investors largely shunned the troubled manufacturing sector and focused on the more resilient services industry.
The U.S. aviation regulator proposed rules on Sunday for commercial drone flights that would lift some restrictions but would still bar activities such as the delivery of packages and inspection of pipelines that have been eyed by companies as a potentially breakthrough use of the technology.
Japan's economy likely rebounded from recession in the final quarter of last year, data on Monday is set to show, giving a much needed boost to premier Shinzo Abe's efforts to steer the country out of decades of stagnation.
Japanese carmaker Honda Motor Co Ltd (7267.T) plans to slow production at some of its plants in North America due to a parts shortage caused by a partial shutdown of ports along the West Coast.