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Wall Street rebounds from sell-off as oil eases

Wall Street rebounded on Friday after a week-long sell-off as oil prices stabilized from recent highs.

Libya Jamming Satellite Phone Signals

Reports are emerging that the Libyan government may be jamming satellite signals, in an effort to block incoming news channels and communications from the outside world.

UN, NATO meeting on Libya crisis; sanctions, war crime probes considered

A man burns a picture of Libyan leader Muammar Gaddafi during a demonstration near the Libyan consulate in Paris

Amidst reports of thousands of deaths in Libya as a result of a brutal crackdown against protesters, the United Nations (UN) Human Rights Council is meeting in a special session in Geneva, Switzerland today to discuss possible sanctions against Moammar Gaddafi’s embattled government.

Wall Street set for higher open as oil prices ease

Stocks were set for a higher open on Friday, after a week-long sell-off as oil prices stabilized.

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China evacuates 12,000 from Libya, sends frigate to help

China has so far evacuated 12,000, or about a third, of its citizens from turmoil in Libya, many of them workers for Chinese-run projects and businesses in the oil-rich nation, official media said on Friday.

Wall St futures point to higher open for stocks

U.S. stock index futures pointed to a higher open for Wall Street on Friday, adding to a late rebound in the previous session, with futures for the S&P 500, for the Dow Jones industrial average and for the Nasdaq up 0.5 to 0.7 percent by 5.02 a.m. EST.

U.S., Saudi Arabia offer reassurance as Libya turmoil drives oil

The world can weather a spike in oil prices, U.S. President Barack Obama said, as Saudi Arabia offered some respite to fears over Middle East oil supplies by indicating it can cover export cuts resulting from Libya's civil war.

Swiss banks freeze luxury and other assets of Moammar Gadhafi

Less than 2 weeks of the 2011 Libyan revolution, Switzerland has confirmed the immediate freeze of any assets that may belong to president Moammar Gadhafi and his entourage.

World Market Overview 25/02/2011

Asian stock markets advanced for the first time in five days on Friday as oil prices fell below $100 a barrel on easing concern about supply disruptions.

Gaddafi orchestrated Lockerbie bombing, says former Libyan minister

Libyan President Muammar Gaddafi allegedly ordered the 1998 bombing of a Pan Am airliner over Lockerbie, Scotland, the North African country's ex-justice minister is quoted as saying by a Swedish newspaper.

Oil pulls back on Saudi reassurances, stocks rise

Oil hovered above $112 a barrel on Friday and Asian stocks broke a four-day losing streak as concerns eased that a recent surge in energy prices would hurt demand for riskier assets and threaten broader economic growth.

Oil rises above $112 on Libya output cuts

Oil rose more than $1 a barrel to over $112 on Friday as unrest in Libya sparked fears of supply shortages, despite assurances by top oil exporter Saudi Arabia that it would step in to fill any shortfall.

Oil steadies after volatile trade, global stocks edgy

Oil stabilized on Friday after a sharp reversal from a 2-1/2 year peak overnight, calming concerns that a surge in prices would hurt economic recovery.

Libyans overcome fear to spread word of violence

Libyans say they risk arrest or even death for talking to the foreign media because the authorities are desperate to stop information about their violent crackdown reaching the outside world.

Oil eases below $111 on Saudi assurances, all eyes on Libya

Oil eased below $111 on Friday as top world exporter Saudi Arabia sought to assure key importers it would fill any supply shortfall left by beleaguered fellow OPEC member Libya, soothing fears over a disruption in supplies that had carried prices to a 2-1/2-year high a day earlier.

Britain to seize Gaddafi’s assets

British government officials have uncovered billions of pounds of assets that Libyan leader Moammar Gaddafi and his regime have deposited in London banks and will immediately seek to freeze them within days.

World Market Overview Feb 25

U.S. stock markets ended mixed in a volatile session on Thursday as oil prices eased and encouraging job data helped the market to stabilize in the final hours.

US Dollar/Treasury No Longer Safe-Haven Asset?

The US dollar has traditionally been a safe-haven asset, meaning whenever people are afraid, they sell ‘risky’ assets and flee to the safety of the US dollar. However, starting the week of February 21, 2011, this pattern has been broken.

Obama and Geithner seek to quell fears about oil spike

President Barack Obama and Treasury Secretary Timothy Geithner sought to quell fears on Thursday that unrest in Libya would put oil prices on a long term upward trajectory.

Oil surges to near $120, then eases on Saudi assurance

Oil surged to 2-1/2-year highs near $120 a barrel on Thursday as the revolt in Libya choked exports, then eased as Saudi Arabia assured European refiners the kingdom could step in to fill any supply shortfalls.

Jobless claims fall, durable orders mixed

New claims for jobless aid fell last week, indicating labor market healing, but declines in new home sales and orders for a range of factory goods in January showed the recovery remains uneven.

Wall St recovers off lows on oil drop, Boeing up late

Bruised but not bowed, bulls staged a rebound on Thursday and helped stocks stabilize in a volatile session suggesting investors aren't ready to give up on the market's rally.

Oil prices fall on unconfirmed rumors Gaddafi was shot

Oil traders are citing unconfirmed rumors that Libyan leader Moammar Gaddafi was shot to explain a sudden downward reversal in oil prices today.

How Exactly Do You Spell the Name of Libya’s Leader?

There are numerous variations on the Libyan leader's name

Late rebound on oil drop shows bulls still kicking

Bruised but not bowed, bulls staged a rebound on Thursday and helped stocks stabilize in a volatile session suggesting investors aren't ready to give up on the market's rally.

Dow, S&P end down, off day's lows; Nasdaq up

The Dow and S&P 500 closed down but well off the day's lows in a volatile session on Thursday, suggesting investors aren't ready to give up on the market's rally.