Oil prices declined on Monday, holding near $55 a barrel after Saudi Arabia indicated it was now pumping near a record high of 10 million barrels per day, adding to concerns of global oversupply.
Tags: United States
Mexico central bank flags risk of Fed move on peso, weak growth
Mexico's central bank held interest rates MXCBIR=ECI steady on Thursday at a record low as policymakers eyed greater risks to growth and flagged concerns that a U.S. Federal Reserve move could hit the sinking peso.
Foreign, domestic rosé wines vie for bigger share of U.S. market
A wine battle may be uncorked as imports of rosés from France, Italy, Spain, Germany, South Africa vie for shelf space and a share of the U.S. market, which is good news for consumers.
Business group ranks U.S. near last in welcoming skilled immigrants
The United States ranks near the bottom among major economies in terms of policies to allow hiring highly skilled immigrant workers, according to a study by a business lobbying group that supports relaxing immigration controls.
Ford recalls over 220,000 vehicles in North America for three issues
Ford Motor Co said on Wednesday it is recalling more than 220,000 vehicles in North America for potential issues with door handles, vacuum pump relays and sensors.
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Shares of U.S.-based agribusiness Andersons Inc (ANDE.O) jumped more than 6 percent on Friday, outpacing the sector, after a Bloomberg News report speculated that Glencore PLC (GLEN.L) could be interested in acquiring the company.
Uber Technologies Inc, the online ride-hailing company, has entered into a "strategic partnership" with India's Times Internet, as it looks to expand operations in its largest market outside the United States.
China is discussing ways in which a new regional lender being pushed by Beijing can cooperate with the Asian Development Bank (ADB), Finance Minister Lou Jiwei said on Sunday, as he sought to fend off concerns that the two banks would become rivals.
Japan is split over joining a China-led development bank, concerned about missing out on the rapidly coalescing global movement for the institution while also worried about alienating ally United States and helping bolster rival China, officials said.
Australia said on Friday there was a lot of merit in the China-led Asian Infrastructure Investment Bank (AIIB) while Japan's finance minister signalled cautious approval of the institution that the United States has warned against.
Upscale jeweler Tiffany & Co's (TIF.N) quarterly sales fell for the first time in five years and are expected to decline further in the current quarter, hurt by the strong dollar.
Amazon.com Inc has won approval from U.S. federal regulators to test a delivery drone outdoors, as the e-commerce company pursues its goal of sending packages to customers by air, even as it faces public concern about safety and privacy.
Oil prices tumbled on Thursday as a rebounding dollar and Kuwait's stance that OPEC had no choice but to keep producing in an oversupplied market undercut the previous day's rally.
Finance Minister Anton Siluanov said on Thursday the worst was over for Russia's economy, which has been hit by Western economic sanctions over the Ukraine crisis and the fall in global oil prices.
