CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude and gas inventories were down today despite record US production.» Read More
The Qatari group seeking to take over J Sainsbury, Britain's third-largest grocer, faces a Nov. 8 deadline to make a firm offer or withdraw, the parties said Friday.
Turkey has a volatile economy whose growth rate has exceeded 6 percent in many years (and reached 9 percent in 2004), but suffered sharp reversals in 1994, 1999, and 2001.
Nordic stock exchange operator OMX said Wednesday its earnings rose 30 percent on growing trade revenue in the third quarter despite the uncertainty about the company's future ownership.
Kuwait said on Monday it had reached a preliminary deal with Exxon Mobil to produce heavy oil in the north of the Gulf Arab state and aimed to boost production to 900,000 barrels per day by 2020.
Turkey's parliament resoundingly approved a motion on Wednesday allowing troops to cross into northern Iraq to crush Kurdish rebels hiding there, brushing aside appeals from the United States and the Baghdad government.
Industrial and Commercial Bank of China, the country's largest bank, plans to open branches in Doha, Dubai, Moscow and Sydney, Chairman Jiang Jianqing said on Wednesday.
Only a fraction of global oil supply could be immediately threatened by a Turkish incursion into northern Iraq, but crude prices have surged on concern any conflict may escalate and disrupt the flow from the Middle East.
Gold hit a 28-year high on Tuesday, underpinned by record-high oil prices and geopolitical tension that raised the precious metal's profile.
Supermarket group J. Sainsbury, the subject of a 10.6 billion pound ($22 billion) proposed bid, saw its growth slow in the second quarter as Britain's wettest summer on record dampened spending.
Oil rose $2 to over $81 per barrel Tuesday, on concerns about consumer-nation supplies ahead of the coming Northern Hemisphere winter.
Energy futures fell in quiet holiday trading Monday as investors, questioning whether oil will keep surging to new highs, decided to cash in some of their recent profits.
Energy futures fell Friday, as traders expecting a weakening of demand in the coming months cashed in profits from the previous session's rally.
The U.S. Attorney's office in Brooklyn has begun examining the circumstances behind the implosion of two Bear Stearns subprime hedge funds, CNBC has learned.
Bear Stearns, hammered by market turmoil this summer, would consider selling a stake to an investor from China or the Middle East if the deal created value, Chief Executive James Cayne said Thursday.
Oil ended trade at $79.97 per barrel on Wednesday, after weekly U.S. data defied forecasts and showed crude inventories rising.
Nasdaq (NDAQ) shares have been breaking out amid its purchase of the Boston Exchange Tuesday and its deal for Nordic OMX last month. What’s the trade as NYSE, Nasdaq and Middle East money grapple for world exchange domination?
Flush with oil dollars, Qatar has become the richest country per capita in the world. In an exclusive interview, CNBC's Maria Bartiromo talks with Qatar's First Deputy Prime Minister, Sheikh Hamad Bin Jassim Bin Jabr al-Thani, about where his country is investing all that wealth.
Oil slipped toward $80 per barrel Tuesday, retreating for a third day as a strengthening dollar and concerns about the world economy prompted investors to take profits.
Oil prices closed down on Monday, as investors took profit from the near-record highs of last week and weighed the threat of a deeper economic slowdown in the United States, the world's top oil consumer.
More crude supply from OPEC would do little to ease $80 oil as speculative investment flowing into the market from other assets is boosting the price, Qatar's oil minister said on Monday.