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S&P, Nasdaq rise as investors seek bargains after steep drop

By Tanya Agrawal(Reuters) - The S&P and the Nasdaq reversed course to climb higher in afternoon trading on Wednesday, as investors sought bargains a...

Gold dips as falling dollar fails to offset Asian selling

By Jan HarveyLONDON (Reuters) - Gold dipped on Tuesday as a weaker dollar only partially offset a price retreat seen in Asian trading hours,...

Avenue Supermarts shares soar in debut after $286 million IPO

MUMBAI (Reuters) - Shares of India's Avenue Supermarts Ltd more than doubled in their trading debut on Tuesday, after an initial public offering that...

Scandal roils Brazil meat sector; China, South Korea suspend imports

By Brad Brooks and Dominique PattonSAO PAULO/BEIJING (Reuters) - Fallout from a corruption scandal in Brazil's massive meat industry spread on Monday, with China...

Oil extends gains as dollar and U.S. stocks fall

By Edmund BlairLONDON (Reuters) - Oil prices rose for a second day on Thursday, supported by U.S. data showing crude inventories had dipped after...

Nifty hits record after big Modi win in Uttar Pradesh

MUMBAI/BENGALURU (Reuters) - The Nifty rose as much as 2.1 percent to a record high on Tuesday as investors saw Prime Minister Narendra Modi's...

Oil touches three-month lows as U.S. supply swells

By Jessica Resnick-AultNEW YORK (Reuters) - Oil hovered around three-month lows on Monday, as rising inventories and drilling activity in the United States, the...

UK's Wood Group to buy rival Amec Foster in 2.2 billion...

By Justin George Varghese and Arathy S Nair(Reuters) - British oilfield services company John Wood Group (WG.L) has agreed to buy Amec Foster Wheeler...

Oil down for a third day as glut worries persist

By David GaffenNEW YORK (Reuters) - Oil prices fell for a third day on Friday, extending a selloff on heightened worries that OPEC-led production...

Oil prices extend falls as U.S. crude stocks drag

By Christopher JohnsonLONDON (Reuters) - Oil prices fell on Thursday, extending the biggest falls this year as record U.S. crude inventories kept sentiment weak,...

Asian PE-methanol margin at three-year low as methanol supply tightens

Polyethylene-methanol margins in Asia are hovering at a three-year low due to a combination of weak PE demand and supply-driven strong feedstock methanol market,...

Gold prices edge up, but U.S. rate hike outlook drags

By Arpan Varghese(Reuters) - Gold prices inched up on Wednesday, but remained near four-week lows hit in the previous session as expectations for a...

Gold slips to 4-week low on Fed rate hike expectations

By Jan HarveyLONDON (Reuters) - Gold hit a more than four-week low on Tuesday as the dollar strengthened and expectations for a U.S. interest...

PSA targets Opel turnaround as GM exits Europe

By Laurence Frost and Edward TaylorPARIS/FRANKFURT (Reuters) - France's PSA Group (PEUP.PA) has agreed to buy Opel from General Motors (GM.N) in a deal...

PSA Group, GM announce Monday morning press conference

PARIS (Reuters) - General Motors and France's PSA Group will hold a press conference on Monday morning, they said on Saturday, with the subject...