Besides a token trim in oil production last month, the major cut is an abrupt turnaround from months of restoring deep cuts made during the depths of the pandemic
The World Trade Organisation is predicting global trade volumes will grow a lackluster 1% next year as crises and challenges weigh on markets
News that Elon Musk has agreed after all to proceed with his $44 billion deal to buy Twitter may have felt like a stunning surprise from the brash billionaire who loves to shock
Kyiv has dismissed as worthless the laws that Russian President Vladimir Putin signed formalising the annexation of four Ukrainian regions into Russia
EU member-state diplomats struck the deal in Brussels, said the official representing the Czech Republic, which holds the 27-nation bloc's rotating presidency
Carolyn R. Bertozzi, Morten Meldal and K. Barry Sharpless were cited for their work on click chemistry and bioorthogonal reactions
European indexes fell in early trading and US futures were down as selling pressure kicked in Wednesday after a few days of strong gains
Leaders from more than 40 countries meeting in the Czech capital on Thursday are set to launch a European Political Community aimed at boosting security and prosperity across the continent.
Electricity supply across Bangladesh has been restored after the South Asian country plunged into a blackout following the failure of its national power grid, officials said.
Whether Tiger Woods makes it to Italy or not for next year's Ryder Cup, he'll be an integral member of the US team, captain Zach Johnson said Tuesday at the year-to-go ceremonies.
News that Elon Musk has agreed after all to proceed with his USD 44 billion deal to buy Twitter may have felt like a stunning surprise from the brash billionaire who loves to shock.
Amazon has sued Washington state's labour agency following disputes with regulators over citations and fines imposed on the company for worker safety issues.
The nation's gross national debt has surpassed USD31 trillion, according to a US Treasury report released Tuesday that logs America's daily finances
Lawyers for former President Donald Trump asked the US Supreme Court on Tuesday to step into the legal fight over the classified documents seized during an FBI search of his Florida estate
Estonia's prime minister said that the West must not give in to Moscow's nuclear threats or premature peace proposals but stand firmly in support of Ukraine
Britain's defence secretary said Tuesday that Russia's war on Ukraine has been a wake-up call for NATO members, making them realize that their militaries need to be better and invest more in defence
Daily life in Haiti began to spin out of control last month just hours after Prime Minister Ariel Henry said fuel subsidies would be eliminated, causing prices to double.
President Joe Biden spoke with Japanese PM Fumio Kishida to discuss their next steps after North Korea conducted its longest ever test launch by firing a nuclear-capable ballistic missile over Japan
Last month, the Treasury Dept issued a report which said that the US should work on developing a digital dollar
The number of available jobs in the US plummeted in August compared with July, a sign that businesses may pull back further on hiring and potentially cool chronically high inflation