November 28th @ 10:20 AM GMT
Yahoo! Oil prices edged higher on Monday, after falling as much as 2 percent in early trading, as the market grappled over the shaky prospect of major producers being able to agree output cuts at a meeting on Wednesday aimed at reining in global oversupply. U.S. West Texas Intermediate (WTI) crude futures also recouped early losses and was trading up 15 cents at $46.21 per barrel. The choppy trading came after prices tumbled more than 3 percent on Friday as doubts grew over whether the Organizatio... (Business)
November 28th @ 10:18 AM GMT
Yahoo! OPEC was trying on Monday to rescue a deal to limit oil output as tensions grew among the producer group and non-OPEC member Russia, with top exporter Saudi Arabia saying markets would rebalance even without an agreement. OPEC experts started a meeting in Vienna at 0900 GMT (4:00 a.m. ET) and were due to make recommendations to their ministers on how exactly the Organization of the Petroleum Exporting Countries should reduce production when it meets on Nov. 30. Meanwhile, the Algerian and V... (Business)
November 28th @ 10:17 AM GMT
Yahoo! The dollar saw its biggest drop in almost a month on Monday as a bashing for oil prices on doubts about an OPEC output cut this week left investors reversing ''Trumpflation'' trades that have gripped markets since the U.S. election. Crude prices and Europe's main stock markets were down over 1 percent in early European trading as Italian shares also took a fresh tumble ahead of its referendum on constitutional change this Sunday. With oil so vital for global costs it was rapidly coolin... (Business)
November 28th @ 9:59 AM GMT
Yahoo! Standard Chartered is set to cut about a tenth of its global corporate and institutional banking headcount, sources with direct knowledge of the matter said on Monday, as the bank steps up an aggressive drive to cut costs. (Business)
November 28th @ 7:08 AM GMT
Yahoo! Las compras a travs de telfonos y tabletas establecieron un nuevo rcord por primera vez durante el Viernes Negro en EE.UU. (Business)
November 28th @ 6:36 AM GMT
Yahoo! Fans reacted with Jedi joy, though some struggled to buy tickets online right at stroke of midnight. (Business)
November 28th @ 5:20 AM GMT
Yahoo! Nothing gold can stay. This pricey gold bar meets a death straight out of a James Bond torture scene. (Business)
November 28th @ 3:53 AM GMT
Yahoo! Oil prices regained some ground after steep losses made since Friday in choppy trading ahead of a planned producer meeting on Wednesday aimed at reining in global oversupply. Brent crude futures were trading at $47.20 per barrel at 0346 GMT, down 4 cents from their last close. U.S. West Texas Intermediate (WTI) crude futures were down 3 cents at $46.03 a barrel. (Business)
November 28th @ 3:09 AM GMT
Yahoo! Oil prices tumbled on Monday on fears that producer countries may fail to agree an output cut, pressuring U.S. stocks and the dollar as traders reversed their ''Trumpflation'' trade as weak oil prices would reduce pressure on U.S. interest rates to rise. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 percent, led by gains in Hong Kong and Taiwan . In contrast, U.S. stock futures slipped 0.3 percent after their stellar performance this month on hopes U.S. President-... (Business)
November 28th @ 12:28 AM GMT
Yahoo! Technically Incorrect: The president-elect, having already offered up a tweetstorm about the vote recount, comes back to tweet more controversially. (Business)