December 12, 2016/Reuters International Monetary Fund chief Christine Lagarde went on trial in Paris on Monday over her role in a 400 million euro ($424 million) payout of French taxpayer money to businessman Bernard Tapie in 2008. Lagarde, 60, was France’s finance minister in the government of then-president Nicolas Sarkozy […]
World News
Oil hits highest since mid-2015 as global producers agree to cut
December 12, 2016/Reuters By Amanda Cooper | LONDON Oil rose by as much as 6.5 percent on Monday to an 18-month high after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle global oversupply and boost prices. Brent crude […]
Oil surges after output cuts, strong dollar weighs
December 12, 2016/Reuters By Saikat Chatterjee | HONG KONG Oil prices jumped to their highest levels in a year and a half on Monday after OPEC and non-OPEC producers agreed to cut oil output to ease a global glut, while the U.S. dollar extended gains before a Federal Reserve meeting […]
