Business
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Oil prices hit 11-year low as global supply balloons
NEW YORK Brent oil cratered to its lowest price in more than 11 years on Monday and remained locked within a narrow range, burdened by warmer-than-normal temperatures and a market lacking clear signals. | Video
Recent Business News
Serious Fraud Office to charge 11 over Euribor-rigging
LONDON The Serious Fraud Office said on Monday it would next month charge 11 individuals accused of rigging the Euribor interest benchmark with conspiracy to defraud.
Oil at 11-year low but Wall St rebounds from week-ago declines
NEW YORK A persisting world oil glut dragged Brent crude prices down on Monday to their weakest in more than 11 years and U.S. crude to six-year lows, but Wall Street gained broadly after big declines a week earlier.
Independent group says new Glaxo asthma drug far too expensive
An independent nonprofit organisation that evaluates clinical and cost effectiveness of new medicines found the price of GlaxoSmithKline's new drug for severe asthma should be as much as 76 percent lower to justify its value, according to the group's latest draft report.
Airbus signs agreement for sale of satellite communication unit
PARIS Airbus Group said on Monday it had signed a share purchase agreement with French private equity firm Apax Partners for the takeover of all of its commercial satellite communication business.
Caterpillar hit with $73.6 million trade secrets verdict in U.S.
Caterpillar Inc was ordered to pay $73.6 million (£49.4 million) in damages in a lawsuit by a former supplier that accused the equipment manufacturer of misappropriating its trade secrets.
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| DOW | 17,166.37 |
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+0.22% |
| S&P; 500 | 2,011.36 |
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