OPEC will probably revive talks on freezing oil output levels when it meets non-OPEC nations next month as top exporter Saudi Arabia appears to want higher prices, according to OPEC sources, although Iran, Iraq and Russia present obstacles to a deal.
The trains can touch a speed of 350 kilometers per hour, state-run Xinhua news agency reported. Currently, China's high-speed trains clocks around 280 kmph.
British employers have turned more cautious about hiring and are less likely to invest in training for their workers following the decision in June by voters to leave the European Union, a survey showed on Monday.
Sage Group, a provider of accounting, payroll and payments software for businesses, said cyber attackers had used an internal login to access the data of some of its British customers.
Nike has top billing among sports brands at the Rio Olympics, but a week into the Games, its stock is losing to Adidas and Under Armour UA.N.
China`s near-term growth outlook has improved due to recent policy support but the country needs to rein in fast credit growth to ensure economic transition on a sustainable footing, the International Monetary Fund (IMF) has said.
Oil prices climbed further on Friday as investors were digesting the latest remarks from Saudi Energy Minister.
China's central bank today permitted a division of the World Bank to issue bonds denominated in special drawing rights (SDR) in the country's interbank bond market.
The glue binding a still-aggressive global monetary policy response to a struggling world economy and almost daily record highs for world stock markets along with record low bond yields is set to remain intact in the coming week.
Cheng Wei, 34, was once assistant to the head of a foot massage firm. Last week, his company Didi Chuxing bagged Uber`s China business in a deal valuing his ride-hailing start-up at $35 billion - a second success in as many years in a gruelling battle with a rival.
Alibaba, which trades in New York, jumped 5 percent.
Chinese e-commerce giant Alibaba Group Holding Ltd reported a better-than-expected 59 percent jump in quarterly revenue on Thursday, defying a slowdown in the Chinese economy.
The IEA said Thursday it had cut its oil demand growth forecast for 2017 because of a weaker outlook for the world economy following Britain`s vote to leave the European Union.
The '100 Richest Tech Billionaires In The World 2016' list has been topped by Microsoft founder Bill Gates with an estimated fortune of USD 78 billion.
HSBC and Bank of America Merrill Lynch said on Wednesday they had created the world`s first application using blockchain technology to simplify one of the most cumbersome aspects of trade finance.
World stocks hit a new one-year high on Wednesday, while the dollar and benchmark government bond yields sank and precious metals rose after weak US productivity data again pushed back expectations of a Federal Reserve rate hike.
Pizza lovers in the US can now relish their favourite cheesy delicacy by using the first-ever 'Pizza ATM' in the country installed at a university campus.
Wal-Mart Stores Inc , vying to better challenge Amazon.com Inc , will pay about $3 billion for internet retailer Jet.com and its innovative pricing software in the largest-ever deal for an e-commerce startup.
Republican presidential nominee Donald Trump Monday sought to give a boost to his flagging campaign by unveiling his economic policy which he claimed would spur faster growth and benefit every American.
China's exports and imports declined by about three percent in the first seven months amid falling global and domestic demand, according to data released by a ministry-level administrative agency here.