Economy

Economy

Oil prices rose Tuesday, benefitting from the same bounce that lifted equity markets which had been sagging since Britain's surprise decision to leave the European Union. Thursday's Brexit vote not only sent worldwide financial markets...

Britain's tech start-up scene was having a bumper year in terms of new company creation, fresh funding and acquisitions by global tech players before voters decided to leave the European Union in Thursday's referendum. Now...

Iran on Tuesday reappointed a former managing director of its Swiss-based trading company as part of a broader reshuffle aimed at bolstering its oil exploration and exports. The appointment follows the naming this month of...

World oil prices rebounded in Asia Tuesday on bargain hunting but tremors from Britain's shock vote last week to leave the European Union continue to weigh on sentiment. Financial markets are still reeling from Brexit's...

Sterling fell to a 31-year low against the dollar on Monday as a sell-off stemming from Britain's decision to quit the European Union gathered pace, with the euro also pressured as Brexit clouded the...

World oil prices plunged Friday, mirroring sentiment on stock markets, as the dollar strengthened in reaction to Britain voting to bolt from the European Union. At one point, Brent North Sea crude tumbled around 6.0...

Ex-London mayor Boris Johnson, a leading campaigner for Britain to leave the EU and the bookmakers' favourite to replace David Cameron as Prime Minister, said nothing would change over the short term following the...

British markets plunged on Friday, with sterling hitting a 31-year low in its biggest fall on record and UK stock futures pointing to a steep fall at the market open after Britons voted to...

World oil prices plunged more than 6.0 percent in Asia Friday after early results of a historic vote showed Britain increasingly moving towards bolting out of the European Union. US benchmark West Texas Intermediate for...

Russian Energy Minister Alexander Novak has a contrarian message for those who question the wisdom of freezing global levels of oil output. Despite the collapse of talks on restraining production among OPEC and non-OPEC members...