Oil prices drop on possible Iran deal, dollar

Oil prices fell on Monday as officials from Iran and six world powers discussed a possible deal over Tehran's nuclear programme that could bring an end to sanctions and allow an increase in Iranian oil exports.

Oil Rigs

European, Asian shares rise, helped by Chinese stimulus

Shares rose on Monday with Asian stocks buoyed by hopes for stimulus to boost China's economy, but the euro slipped on more concern about Greece's finances.

Asian Stocks

Soros says ready to invest $1 billion in Ukraine if West helps

Billionaire financier George Soros is ready to invest $1 billion in Ukraine, if Western countries help private investment there. He also put the odds of Greece leaving the euro at a third, in an interview with Austrian newspaper Der Standard.

George Soros speaks on stage at the Annual Freedom Award Benefit Event hosted by the International Rescue Committee at the Waldorf-Astoria in New York November 6, 2013.

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Jobs & Career News

Adidas targets faster sales and profit growth from 2016

Adidas

German sportswear firm Adidas announced plans to revolutionize the way it manufactures goods to speed up production and allow more customization of goods to help it accelerate sales and profit growth in the next five years.

Ford aims to triple exports from India with $1 billion plant

Ford

Ford Motor Co (F.N) has invested $1 billion in a new plant in western Indiawhich will help the automaker triple exports from the country, chief executive Mark Fields told reporters on Thursday.

Brent oil rises as euro zone morale boost offsets oversupply concern

Oil Refinery Plant

Brent oil prices firmed on Wednesday as business morale in the euro zone's top two economies improved, offsetting concerns about oversupply that has filled fuel storage tanks around the world.

Oil to reach $100 a barrel by end of 2016: Pickens

Gas Station

Oil prices could hit $100 a barrel by the end of next year, U.S. oil magnate T. Boone Pickens said on Tuesday, revising his previous forecast which said they would reach that level as early as this year.

U.S. mortgage applications rise in latest week: MBA

Houses

Applications for U.S. home mortgages rose last week as interest rates dropped to their lowest level since February, an industry group said on Wednesday.

Ford

Ford revives the Lincoln Continental, aims at U.S. and China

Ford Motor Co (F.N) will resurrect the Lincoln Continental as its top-of-the line luxury sedan, betting the classic name will help rebuild the brand's image in the United States and China.

Volvo

Volvo Cars to build U.S. plant to spearhead sales recovery

Volvo Cars will invest $500 million in its first U.S. assembly plant under plans announced on Monday, plugging a longstanding gap in the Swedish carmaker's manufacturing base as it pursues a global comeback under Chinese ownership.

Toyota Recalls 2014 List: Japanese Car Company Pulls Out A Number of Vehicles Due to Faulty Air Bags

In among the robots, veteran Toyota staffer says manual labor is key to success

In a corner of Toyota's oldest factory, the Japanese carmaker's longest-serving employee preaches the benefits of craftsmanship, saying manual labor is the key to success in a highly automated automotive industry.

Iraq's biggest oil refinery shut down, foreign staff evacuated

Oil falls more than $1 as Middle East supply fears ease

Oil prices fell more than $1 a barrel on Friday as worries receded over the threat of disruptions to Middle East supplies due to Saudi Arabia-led air strikes in Yemen.

Goldman Sachs Group

Goldman climbs to top commodity bank ranking over JP Morgan

Goldman Sachs became the top commodities bank last year, overtaking rival JP Morgan, a consultancy said on Friday.

Mercedes-Benz

Mercedes to launch a pickup truck outside the United States

German carmaker Mercedes-Benz plans to launch a mid-sized pickup truck, expanding its premium brand into a lower-priced bracket in a bid to narrow the sales gap with arch rival BMW (BMWG.DE).

Employees assemble cars at a production line of Dongfeng Peugeot Citroen Automobile factory in Wuhan, Hubei province, February 13, 2014.

Peugeot French production increase earns presidential visit

PSA Peugeot Citroen (PEUP.PA) said on Friday it had chosen a French factory over a rival Spanish plant to expand engine production, prompting a visit by President Francois Hollande to highlight a bright spot in France's gloomy labor market.

Saudi Remains Committed To Supplying Market With Extra Oil If Needed: Official

Oil prices surge after Saudi air strikes in Yemen

Brent crude oil soared more than 4 percent towards $59 a barrel on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen, which sits on a key shipping passage between Europe and the Arab Gulf.

Job Fair Held In New York City

Employer incentives for U.S. worker wellness programs set record

Employers have ratcheted up the financial incentives they offer workers to participate in wellness programs to a record $693 per employee, on average, this year from $594 in 2014 and $430 five years ago, found a report released on Thursday.

Shell

Shell to cut more UK North Sea jobs in 2015

Royal Dutch Shell (RDSa.L) is planning further job cuts in its UK North Sea oil and gas business in 2015, the company said on Thursday, just a week after a package of tax cuts from the Treasury aimed at encouraging growth in the industry.

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