US markets close higher following Fed's rate cut and positive economic data. Asian markets rise, European markets decline.

Now, most observers have little doubt that the end is just a matter of timing and circumstance. Ten years ago, I predicted ...

The global refining industry is experiencing a downturn after a period of high profits, due to weaker demand, increased competition from new refineries, and economic slowdown.

Many of the most interesting encounters at the forum were not in the main sessions or in seminar rooms but queuing for coffee ...

Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's ...

A massive floodwave moving across Central Europe is threatening new areas and raising concerns among residents and leaders.