An MF Global Holdings Ltd. employee who oversaw fund transfers in the final week before the firm sought bankruptcy protection has been subpoenaed by a U.S. House subcommittee to testify.
Is a rebound in the cards? If it is, the trigger wouldn't come from Tehran, but rather Beijing, New Delhi and Washington. Nuclear power is staging a come-back in fits and starts.
Crude oil futures ended below $60 a barrel for the first time in nearly two months Friday as the prospects for a resurgence in fuel demand looked increasingly bleak.
The autonomous Kurdish government in northern Iraq said it will start exporting crude oil in June, without seeking official clearance from the central government in Baghdad.
