*Saudi Arabia, Kuwait stop production at Khafji oilfield. LONDON, Oct 20- Brent crude steadied around $86 a barrel on Monday, holding on to a rally from near four-year lows last week on news of a cut in Saudi- Kuwait oil output. But the news was cited as a positive factor by some traders at a time when crude oil production exceeds demand and ahead of an OPEC meeting on Nov. 27...» Read More
The U.S. government's energy agency has adopted North Sea Brent crude as its benchmark for oil forecasts, dropping its domestic benchmark.
GOP House Speaker John Boehner and Obama aides have resumed talks on averting the "fiscal cliff."
A U.S. port workers union has accused APM Terminals, a port operator of A.P. Moller-Maersk, of spying on union representatives in Los Angeles by tapping their phones.
U.S. regulators are investigating a $10 million stock sale in March by Big Lots CEO Steven Fishman, who announced his retirement on Tuesday, The Wall Street Journal reported.
Greek hospitals are in such dire straits that staff are failing to keep up basic disease controls such as using gloves and gowns, threatening a rise in multi-drug-resistant infections, according to Europe's top health official.
Britain's Tesco, the world's No. 3 retailer, has launched a strategic review of its loss-making United States chain Fresh & Easy.
Striking harbor clerks reached a tentative contract deal with management at the twin ports of Los Angeles and Long Beach on Tuesday night.
Germany and France publicly clashed on Tuesday over plans to put the European Central Bank in charge of supervising banks, deepening a dispute over the scope of the ECB's powers that threatens to undermine one of Europe's boldest reforms.
Every day, about 10 Kansas City Southern trains hauling everything from cars to chemicals crisscross the border between Mexico and the United States at Laredo, Texas, up from about six three years ago.
Dalian Wanda Group, the world's biggest owner of movie theaters, is in talks with Hollywood studios to co-produce films and is looking to buy and build hotels in U.S. cities as it eyes a $10 billion "soft power" spending spree.
Startup Village wants to help engineers develop 1,000 Internet and mobile companies in the next 10 years. It provides members with office space, guidance and a chance to hobnob with the stars of the tech industry.
Australia's central bank on Tuesday cut its main cash rate a quarter point to 3.0 percent to match the record lows from the global financial crisis.
Republicans proposed steep spending cuts on Monday but gave no ground on President Barack Obama's call to raise taxes on the wealthiest in their first formal proposal to avert a "fiscal cliff" that could push the U.S. economy into recession.
U.S. agribusiness giant Archer Daniels Midland tightened its grip on GrainCorp, hiking its bid to $2.9 billion, but may need to offer more to win over Australia's last major independent grains handler.
Gold edged up in quiet trade on a dollar drop and a mixed bag of U.S. and Chinese manufacturing data.
Australia faces an uphill battle to capture a greater share of tax revenue from multinationals such as Google and needs to work with its trading partners to avoid scaring away investors with an image as a high tax nation, experts say.
LONDON-- Multinational companies are paying little or no tax on their earnings in Britain, angry lawmakers charged Monday at an unusual hearing involving Starbucks, Google and Amazon. Legislators were skeptical, for example, about the coffee chain Starbucks' claim that it is not making profits in Britain.
CLEVELAND/ CHICAGO- President Barack Obama and Republican challenger Mitt Romney battled down to the wire on Tuesday, mounting a last-minute Election Day drive to get their supporters to the polls in a handful of states that will decide the winner in a neck-and-neck race for the White House.
Nov 6- Contract electronics manufacturer Plexus Corp said it would no longer make switches and network gear for its largest customer, Juniper Networks Inc, sending its shares down more than 20 percent after the bell. For the year ended October 2011, Juniper accounted for 17 percent of Plexus' total sales of $2.23 billion.
BOSTON, Nov 6- The chief pharmacist at the company linked to the deadly U.S. meningitis outbreak has received a subpoena to appear before a congressional committee after he declined to appear voluntarily.