Global crude markets will be brought into balance early this year as it is most likely that OPEC and other oil producers will comply fully with a deal to reduce supply, said Essam Al-Marzouk, the Kuwaiti Oil Minister.   Al-Marzouk said Wednesday at a conference in Kuwait City that some...

The U.S. Federal Reserve’s holdings are stuck at $4.5 trillion, and the question of when to let them shrink is beginning to simmer eight years after it launched the first of three controversial bond-buying campaigns to help save the U.S. economy.   To get the debate started, several policy...

One of the many gifts of globalization: when deals were still mainly national, twenty years ago, common markets, such as the NAFTA area or the Eurozone, have made bidding for deals across borders very common practices, even for relatively modest companies. But beware, selling to companies abroad...

As uncertainty over the terms of Britain's divorce from the European Union undermined appetite for risky assets and seeking shelter in gold and the Japanese yen, investors bailed out of sterling and stock markets in Europe and Asia on Monday.   After being hit by a lack of clarity over the...

As a result of a probe that stemmed from regulators' investigation of rival Volkswagen AG, Fiat Chrysler Automobiles NV has been accused of illegally using hidden software to allow excess diesel emissions to go undetected by the U.S. Environmental Protection Agency.   Since the maximum fine...

Drugs stocks were sent sharply lower after U.S. President-elect Donald Trump promised to change the pharmaceutical companies’ policy and rate of what they charge the government for medicines and said that the companies are "getting away with murder".   After his remarks at a news conference...

Cannabis stock has seen "amazing performance," is what one investor recently noted when being quoted in the media in relation to the relaxation for laws for the weed.   Cannabis production was described as a "professionalized industry that's becoming a real big market" by Juan Sartori,...

As demand for the fuel improves in the infrastructure, construction, mining and oil and gas exploration sectors, Asian refiners' profit margins from producing diesel in 2017 may rise for the first time in four years.   Analysts and traders said that higher margins would be spurred by a...

The U.S. equity strategists got one thing right about 2016: where the S&P 500 Index would end up, even though they didn’t exactly nail every detail.   In fact, comparing Bloomberg data going back to 2000, their accuracy in predicting the annual gain of 9.5 percent is unprecedented. as...

The head of the Trades Union Congress has urged that the tide in an increasingly precarious jobs market would be turned if the working people in Britain were to get a “new bargain” in 2017 that gives them a fairer share of the country’s economic gains.   In her new year’s message, Frances...

Virtual reality (VR)   startups are now hoping it will transform their market in the same manner that the development of serialized content had transformed traditional entertainment media.   The so called first animated science-fiction VR series is being developed by Warrior9, a...