AFP, LONDON: World oil prices rose yesterday following a fall in US crude inventories, as traders set aside OPEC's refusal to introduce production…

AFP, LAGOS: Shell's Nigerian subsidiary said yesterday it was investigating a claim by the Niger Delta Avengers that it had struck another pipeline in the restive oil-producing south. "We are investigating reports of an attack on our pipeline in the western Niger delta," Shell Petroleum…

AFP, TOKYO: The dollar edged lower yesterday as traders focus on US jobs data later in the day that will help the Federal Reserve decide on when to lift interest rates. Expectations are high for a June or July hike after the central bank's chair Janet Yellen last Friday said such a move could be…

AFP, HELSINKI:  Finland’s economy seems to be regaining strength after four difficult years, with Statistics Finland revealing yesterday the best quarterly growth figure since 2011. In the first three months of the year, the troubled eurozone country’s gross domestic product grew at…

AFP, LONDON:  European and Asian equities rose yesterday following a healthy lead from Wall Street overnight, as markets looked ahead to key US jobs…

AFP, WASHINGTON:  The US government moved Thursday to protect consumers from payday debt traps with regulations that include requiring lenders to make sure borrowers have the ability to repay their loans. Proposed rules by the Consumer Financial Protection Bureau mark the first time the federal…

AFP, TOKYO:  Japan’s transport ministry raided small-car maker Suzuki’s headquarters yesterday in the wake of its shock admission that…

AFP,NEW YORK: Shares in Silicon Valley titan Oracle fell more than four per cent Thursday after a former accountant alleged in a whistle-blower lawsuit that she was pressed to exaggerate cloud-computing sales data. In the suit filed in the US district court in San Francisco on Wednesday, Svetlana Blackburn…

AFP, BERLIN: Germany will grow at a slightly slower pace than previously expected, its powerful central bank predicted yesterday as it cut its forecasts for Europe’s top economy. The central bank of neighbouring France also turned more pessimistic on the growth outlook for the eurozone’s…