Reportedly, oil production in Libya plunged to as low as 10,000 bpd in August during the bloodiest episodes of the civil war.
So now we know one reason why shares of IBM, the No. 2 computer services company rose nearly 13 percent over the past three months: Warren Buffett has been buying.
President Barack Obama served notice on Sunday that the U.S. was fed up with China's trade and currency practices as he turned up the heat on America's biggest economic rival.
The world's leading economies are all heading for a period of slower growth, the Organization for Economic Co-operation and Development said on Monday, highlighting signs of weakening economic activities across the board.
HSBC's China fund venture said it would broaden its product line over the next five years to meet rising demand for cross-boarder investment, betting internationalization would be a new engine of growth for the country's stagnant mutual funds industry.
High-end Chinese fashion retailer Ports Design Ltd said on Monday that it is on track to achieve its 10 percent network expansion target for 2011.
Canadian Prime Minister Stephen Harper said he will step up efforts to supply energy to Asia after Washington delayed a decision on whether to approve a new oil pipeline from Canada to the United States.
Bank of America Corp. (NYSE:BAC) said it agreed to sell about 10.4 billion common shares of China Construction Bank Corp. (CCB) through private transactions with a group of investors, in a move that will result in an after-tax gain of about $1.8 billion.
Profits at Italian bank UniCredit have all but evaporated and capital has shrunk to dangerous levels, results due on Monday will show as the bank prepares a $10 billion rights issue and 5,000 job cuts to get back on track.
Lonmin, the world's third-largest platinum producer, beat expectations with a 59 percent jump in full-year earnings, even though a strike at its Karee operations drove up unit costs and forced the miner to cut its output target.
Despite economic growth predicted to slide in the near future, U.S.-based tour operators estimate an increase in the outbound travel. The latest report by the United Nations World Tourism Organization (UNWTO) and the European Travel Commission (ETC), the number of tourists to Europe, from the U.S. is expected to grow.
Chinese police arrested a mine boss who smeared coal oh his face just to show he had been in the mine where at least 34 miners lost their lives and nine are still struggling to come out.
Browse on to know why the seven provisional winners are natural wonders and worth a visit.
The tragedy of India is its political system. This admission by a minister captured the frustration of delegates at this week's India's World Economic Forum.
Several Indonesian Islamists held rallies in central Jakarta, to protest against the visit of U.S. President Barack Obama, scheduled for later this week.
President Barack Obama told China Sunday that the United States was fed up with its trade and currency practices, as he turned up the heat on America's biggest economic rival at an Asia Pacific summit.
President Barack Obama told China on Sunday that the United States was fed up with its trade and currency practices, as he turned up the heat on America's biggest economic rival at an Asia Pacific summit.
Canada and Mexico want to join talks to forge a free trade area in the Asia-Pacific region, giving a significant boost to the U.S.-led initiative to foster economic growth by tearing down trade barriers.
The delay in a massive Canada-Texas pipeline project will inflame opposition to other export options for crude from Canada's oil sands and threaten the nation's aim of becoming a top global energy supplier.
Canada will try to sell more of its energy products to Asia after Washington delayed a decision on whether to approve the Keystone XL Canada-to-Texas oil pipeline project, Prime Minister Stephen Harper said.
As copper prices soar, the Lincoln Tomb is robbed of a 3-foot-tall sword.
At a summit expected to produce at least the new outline of free trade agreements with key Asian markets, Middle East geopolitics took center-stage, at least initially, as the United States and Russia reaffirmed their intention to work and shape a common response regarding Iran's nuclear program.
