Global stocks, oil rally on Greek plan; dollar falls
Stock markets rallied around the world on Tuesday while the U.S. dollar fell after the new Greek government dropped calls for a write-down of its foreign debt, easing concerns about growing instability in the euro zone.
BP deepens capex cuts, surprises with Rosneft profit
BP said it would deepen capital investment cuts this year to adapt to lower oil prices after a surprise contribution from its stake in Russia's firm Rosneft helped it to beat quarterly profit forecasts.
Shell signs $11 billion deal to build petrochemicals plant in Iraq
Royal Dutch Shell (RDSa.L) signed a deal with Iraq on Wednesday worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra, boosting the country's aim to become a major regional energy player and diversify its income.
China urges India to take steps to satisfy standards of nuclear group
China called on India on Monday to take more steps to satisfy the standards of a global organization that controls atomic exports after U.S. President Barack Obama said the United States was in favor of India joining the group.
Oil falls again as IMF cuts forecast; Iran hints at $25 oil
Oil fell as much as 5 percent on Tuesday after the International Monetary Fund cut its 2015 global economic forecast on lower fuel demand and key producer Iran hinted prices could drop to $25 a barrel without supportive OPEC action.
Oil prices slip on Chinese data, record Iraq output
Brent crude oil prices fell below $50 a barrel on Monday after the global economic outlook darkened and Iraq announced record oil production.
Oil slides but bets on ECB action lift Europe shares
Oil prices slid on Tuesday to their lowest in almost six years, but European shares rose as investors focused on expectations that policymakers would soon take action to prevent the euro zone slipping into deflation.
No chance of OPEC output cut, even after oil dips below $50: Gulf delegates
Saudi Arabia and its Gulf OPEC allies are showing no sign of considering cutting output to boost oil prices, even though they dipped below $50 a barrel this week.
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