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Oil falls 1 percent on weak China outlook, higher Libya production

published about 1 hour ago
Oil falls 1 percent on weak China outlook, higher Libya production
The Chinese central bank cut benchmark lending and deposit rates a day before it released official data that showed a second consecutive month of shrinking ... more

Brazil beefs up police to quell trucker protest

published about 1 hour ago
Brazil beefs up police to quell trucker protest
Brasília (AFP) - Brazil dispatched extra police to quell a strike by truckers opposing rising fuel and freight costs, after demonstrations turned violent. Nearing its ... more

North Korea fires missiles in anger at South-US military drills

published about 1 hour ago
North Korea fires missiles in anger at South-US military drills
North Korea fired two missiles into the sea on Monday and vowed "merciless" retaliation as the US and South Korea kicked off joint military drills ... more

China February HSBC PMI at seven-month high but deflation risk persists

published about 1 hour ago
China February HSBC PMI at seven-month high but deflation risk persists
Activity in China's factory sector edged up to a seven-month high in February but export orders shrank and deflationary pressures persisted, a private business survey ... more

Dutch chipmaker NXP to buy Freescale Semiconductor for $12B

published about 2 hours ago
Dutch chipmaker NXP Semiconductors N.V. said Sunday it had agreed to buy its smaller rival Freescale Semiconductor Ltd. for $11.8 billion in a deal that ... more

Former Washington basketball star Christian Welp dies at 51

published about 2 hours ago
SEATTLE (AP) — Christian Welp, the 7-foot (2.13-meter) German center who holds the University of Washington's career scoring record and played three seasons in the ... more