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American Petroleum Institute President and CEO Mike Sommers says a prolonged closure of the Strait of Hormuz would keep global oil prices elevated and drive continued pain at the pump for US consumers ...

The changes could affect around 20,000 roles, or 10% of HSBC’s workforce, Bloomberg reported, citing people familiar with the matter. Non-client facing roles in global service centers are among those ...

JAKARTA, April 2 : Indonesia has completed key stock market reforms ahead of a self-imposed deadline linked to MSCI's May index review, a senior official said on Thursday, following mass equity ...

“We will be leaving very soon,” the president told reporters in the Oval Office. A few hours later, the White House said Mr. Trump would provide “an important update on Iran” on Wednesday evening.

March 31 : Cloud computing company Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. The company declined to comment on the job cuts, ...

[MUMBAI] India’s foreign exchange reserves and strong economic fundamentals will help cushion against external shocks and increased volatility in the global markets, the Reserve Bank of India said on ...