Oil India Ltd (OILI.NS) and Indian Oil Corp (IOC.NS) have jointly bought a 30 percent stake in Houston-based Carrizo Oil & Gas's (CRZO.O) Niobrara shale asset in Colorado for $82.5 million, the companies said in a statement, according to a Reuters report.
The U.S. stock index futures point to a higher open Thursday as market sentiment was buoyed by the optimism that the economy is strengthening and monetary easing measures will further bolster the economic growth momentum.
Most of the Asian markets rose Thursday as investor sentiment turned positive by the upward trend of the U.S. economy following the encouraging jobs data and services activity index.
The debate was a crucial opportunity for Romney to inject fresh momentum into his campaign, and he largely delivered.
North Korean leader Kim Jong-un was reportedly refused a visit to China this year, which could have big implications for Beijing's policies in a changing region.
Introducing “The Guerrilla Trek,” a three-week hike across central and western Nepal along the trails where thousands of Maoist guerillas fought the 1996-2006 "People's War."
U.S. Secretary of Homeland Security Janet Napolitano announced on Tuesday that Taiwan would join 36 countries already participating in the Visa Waiver Program (VWP), which offers entry into the U.S. without a previously arranged travel visa.
After snapping up Cloud Computing firm Stoneware, Lenovo is expanding its hardware operations as it plans to start PC manufacturing in North Carolina in 2013, the Wall Street Journal has reported.
The Asian Development Bank cut its 2012 and 2013 growth estimates for several developing countries in Asia Wednesday, citing weakness in global demand.
Asian stock markets were mixed Wednesday after data showed that Chinese services sector grew at a slower pace in September than expected.
The U.S. stock index futures point to a lower open Wednesday as market sentiment continue to be weighed down by fears of the mounting debt pressure faced by the euro zone as Spain has not yet sought help to reduce its borrowing costs.
Crude oil prices declined Wednesday as sentiment was dampened after official data showed a slowdown in China's nonmanufacturing activity.
China's non-manufacturing activity declined in September compared to that in the previous month, increasing the concerns over the slowdown in the economic growth of the country.
Asian markets rose Wednesday as investors remained hopeful that policymakers in China would soon announce stimulus measures to bolster the world’s second largest economy.
The dollar firmed and most riskier assets edged lower Wednesday as uncertainty over the timing of Spain's request for an international bailout added to worries about slowing global growth.
The Reserve Bank of Australia, the country's central bank, lowered its benchmark interest rate on a sudden -- and unexpected -- gloomy labor market view.
Iran has threatened to enrich uranium up to 60 percent if current talks with several Western heavyweights fail.
Three of the arrested crewmen worked on a vessel owned by Hong Kong Electric, and the other three crewmen were from the other vessel.
Friday's jobs report will carry the most weight, since this is the penultimate report before the elections.
The U.S. stock index futures point to a slightly higher open Tuesday as investors maintain a watchful mode amid the continuing concerns over the weakening global economic growth.
Asian stock markets mostly advanced Tuesday as a better-than-expected reading on the U.S. manufacturing data lifted sentiment.
A boat en route to the famed Victoria Harbor, carrying the employees of Hong Kong’s electric company and their families to watch fireworks display, collided with a commuter ferry Monday night and sank leaving at least 36 people dead, news agencies reported citing Hong Kong authorities.