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14:47, 01 May 2016 Sunday
Economy

13:44, 13 April 2016 Wednesday
OPEC warns on oil 'oversupply'

Ahead of Doha meeting, OPEC says 'hurdles prevail as oversupply persists and inventories remain high'

09:34, 07 April 2016 Thursday
Russia OPEC to freeze oil output without Iran

Kuwaiti OPEC head says Russia and OPEC are likely to agree on oil output freeze

10:34, 05 April 2016 Tuesday
Global recovery 'too weak too fragile' IMF chief

'The good news is that the recovery continues; we have growth; we are not in crisis,' Christine Lagarde says

11:41, 16 March 2016 Wednesday
OPEC non-OPEC producers to meet on April 17 in Qatar

The meeting is a 'follow-up' to last month's talks between Qatar, Russia, Saudi Arabia and Venezuela when they proposed an accord to freeze oil output at January levels

13:38, 19 February 2016 Friday
Oil prices slide despite production freeze

'They are not trimming output, only keeping it at the same levels...this is the same unchanged policy,' one expert says

09:05, 18 February 2016 Thursday
US stocks rise as Iran supports oil output deal

Iran joining Venezuela, Saudi Arabia, Qatar and Russia in freezing oil output levels

09:50, 02 February 2016 Tuesday
Moody's predicts strong growth for Iran

According to the ratings agency Moody’s, Iran is fiscally and structurally well placed to come back into the global economic scene

10:41, 21 January 2016 Thursday
Investors line up for Turkish PM at World Economic Forum

PM Davutoglu meets the heads of the world's largest companies as he promotes Turkish economic interests at World Economic Forum

16:34, 19 January 2016 Tuesday
IMF cuts world growth forecast

Fund cuts global growth forecasts for both 2016 and 2017 by 0.2 percentage points

14:53, 18 January 2016 Monday
Richest 1 own more than the rest of the world

'Runaway inequality has created a world where 62 people own as much wealth as the poorest half of the world’s population'

10:11, 21 December 2015 Monday
Brent oil hits 11-year low

On Monday Brent crude for February delivery is down 59 cents at $36.29

16:36, 08 December 2015 Tuesday
Brent oil falls to seven-year low

Oil prices dive below critical $40 a barrel mark

10:31, 07 December 2015 Monday
Oil prices hit year low after OPEC meeting

At a meeting in Vienna on Friday, the Organization of the Petroleum Exporting Countries decided against cutting output to raise prices

17:26, 04 December 2015 Friday
OPEC to raise oil output ceiling

OPEC has agreed to raise its output ceiling to 31.5 million barrels per day

10:30, 04 December 2015 Friday
OPEC to decide on oil output

OPEC's poorer nations, led by Venezuela, want a cut to help boost prices

09:20, 01 December 2015 Tuesday
IMF approves China's yuan as elite reserve currency

Move gives international recognition to renminbi, fund's Christine Lagarde says

15:46, 23 November 2015 Monday
World gas exporters summit kicks off in Tehran

Summit is expected to provide member states with opportunity to consult, exchange views on the most important issues concerning them in the framework of the Gas Exporting Countries Forum

13:55, 23 November 2015 Monday
Oil prices drop close to seven-year low

Slowdown in Chinese economy, rising oil stocks in US, and oversupply from OPEC are all factors making price of oil lower



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