Turkey's EU dream is over, for now, top official says Turkey under President Tayyip Erdogan has turned its back on joining the European Union, at least for now, the bloc's top official dealing with Ankara said, offering economic cooperation instead if both sides can restore friendly ties. After years of […]

Oil rises as OPEC cuts outweigh higher output elsewhere Oil prices rose on Tuesday as expectations that major OPEC exporters would extend output cuts into the second half of the year outweighed rising production in the United States, Canada and Libya. Benchmark Brent crude oil LCOc1 was up 30 cents […]

AIG's investors, awaiting CEO plan, uneasy ahead of results For nearly two months, American International Group Inc (AIG.N) has planned to replace its chief executive but a successor has yet to be named, creating a void that has fueled investor concern about the insurance company's future. AIG reports its first-quarter […]

Asian factories get off to solid start in second quarter Factories across much of Asia got off to a solid start in the second quarter, buoyed by strong global demand, particularly for hi-tech gadgets which are leading a sizzling rally in electronics. Though China's manufacturing growth eased more than expected […]