Browsing Category

Africa/International

Oil prices rise towards $82 per barrel

Oil prices rose slightly to near $82 a barrel Wednesday in Asia as an upward revision of U.S. economic growth and a report showing an unexpected jump in crude inventories provided mixed signals on demand. Benchmark oil for January delivery…

FBI raids send warning to hedge funds

FBI raids on hedge funds were a sign that prosecutors feared evidence in a widening insider trading probe could be destroyed, but the dramatic daytime searches may also have been intended to shake up the secretive hedge fund world, legal…