As markets took a positive view ahead of top policymaker and oil producer meetings, world stocks rose to their highest level in more than four months on Thursday and the dollar had a third day of gains.   While Europe was watching a meeting of the Bank of England as sterling continued...

As banks make their biggest cuts yet to their loans to the energy sector, the U.S. shale drillers that have upended global energy markets are finally feeling a credit squeeze nearly two years into an epic oil rout.   Based on the value of their reserves in the ground oil and gas producers...

Even as US banks are expected to report their results as earnings season gets under way next week analysts are expecting first-quarter reports in the financial sector to show a 9.2-percent decline in earnings and a 0.2-percent rise in sales.   However the fine print in the results, and what...

While a broadly soft dollar gave extra legs to a rally in oil prices, Japanese exporter stocks were trampled by the yen as it powered to 17-month peaks on Thursday.   Despite a big bounce in the energy and healthcare sectors, the profit-eroding rise in the yen kept the Nikkei to a...

For Wall Street's top dealmakers 2015 was a dream year while 2016 has started out with a jolt and threatens to take a nightmarish turn.   This is because some of the mega transactions that had ignited passion in the Wall Street at the beginning of the year have managed to put the lid on the...

Even as persistent global oversupply and Iran's plans to boost production put a cap on gains, there was a rise in the crude oil futures rose on Wednesday hinging on hopes for an agreement among exporters to freeze output underpinned the market.   After Kuwait said there were "positive...

March 26 is the last date for filing nomination for entry into Yahoo’s board. A proxy fight could ensue. Starboard Value LP, the activist hedge fund which is leading the revolt against Yahoo Inc’s management team, is now wanting the removal of the entire board of directors of the struggling...

Although investors have bet on one hike in interest rates for 2016, the Feds have made it clear that they are more ambitious than that. Those who have invested in the bull run which lifted the U.S. stock market in the past month, are now scrutinizing the Federal Reserve for cues regarding the pace...

In a market that has been glutted for the last one year, U.S. shale producers have found ways to maximize and optimize the production of oil wells. The U.S. shale oil industry is going through an interesting phase, older well which should normally gush out their contents before petering out are not...

United Technologies’ Pratt & Whitney to build engine for Northrop Grummn’s new long range bomber, which the USAF wants to deploy in the mid-2020s. The U.S. Air Force has named Pratt & Whitney as the engine manufacturer for Northrop Grumman Corp’s new long range strike bomber. Additionally...

Although investors and traders are looking at $50 a barrel, towards the end of 2016, U.S. shale oil producers have warned that they will come back if oil prices hit $40 a barrel. Weak Chinese trading data has yet again caused oil prices to slide with Brent crude, the only exception, still holding...