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Asia stocks slip, Japan rebounds in holiday-thinned trade

TOKYO Asian shares pared losses on Monday as a weaker yen helped Japan's Nikkei snap a four-day losing streak, but trade was thin with many regional markets closed for the Lunar New Year holiday.

Recent Business News

U.N. agency seeks to end rift on new aircraft emission rules

MONTREAL/WASHINGTON Europe and the United States tried to bridge differences over emissions standards for aircraft on Sunday as global aviation leaders prepared to adopt new rules that could affect Boeing Co and Airbus Group's production of the largest jetliners and freighters.

Prolonged oil slump sparks second wave of cuts to 2016 budgets

Less than two months into the year, the top U.S. shale oil companies have already cut their budget for 2016 a second time as the relentless drop in oil prices continues to erode their cash flow.

07 Feb 2016

Celgene, Gilead Sciences shares could rise 30 percent: Barron's

NEW YORK The tumble in share prices for biotechnology stocks has created some buying opportunities, with drugmakers Celgene Corp and Gilead Sciences poised for a 30 percent rise over the next year, Barron's said.

07 Feb 2016

Saudi, Venezuela talk of OPEC, non-OPEC cooperation to stabilize oil market: SPA

DUBAI Saudi Arabia's oil minister Ali al-Naimi discussed cooperation between OPEC members and other oil producers to stabilize the global oil market with his Venezuelan counterpart on Sunday, state news agency SPA reported.

07 Feb 2016

As Big Oil shrinks, boards plot different paths out of crisis

LONDON/HOUSTON As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis.

07 Feb 2016

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