Oil Prices Rise on Expectations of Continued U.S. Production Drops

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

By Nicole Friedman And Kevin Baxter NEW YORK--Oil prices rose Monday on expectations of continued declines in U.S. production. Later Monday, the Energy Information Administration will release its monthly oil production data through September. U.S. crude output has dropped since ...

IMF Lifts Chinese Yuan to Elite Lending-Reserve Currency Status

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

By Ian Talley WASHINGTON--The International Monetary Fund Monday added the Chinese yuan to the basket of elite currencies comprising its lending reserve, marking a milestone in the country's ascendancy as a global economic power. Many China watchers say the IMF's ...

Oil Prices Trade Flat, Erasing Earlier Gains

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

By Nicole Friedman NEW YORK--Oil prices traded near flat Monday, erasing early gains, as concerns about amply supplied refined-product markets outweighed expectations of continued declines in U.S. production. Gasoline and diesel futures rose early in the session as traders who ...

Zumbrota, Minn Hog Market Steady At $30.00 - Nov 30

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

Barrow and gilt prices at the Zumbrota, Minn., livestock market today were steady at $30.00 per hundredweight. Sow prices are $1.00 higher. Sows weighing under 450 pounds were at $30.00-$31.00, 400-450 pounds were at $30.00-$31.00, 450-500 pounds were at $30.00-$31.00 ...

Coffee Drops as Bearish Bets Grow

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

By Julie Wernau Coffee futures dropped sharply Monday as trading picked up following the long Thanksgiving weekend. Arabica coffee for March delivery dropped 3.2% to end at $1.1965 a pound on the ICE Futures U.S. exchange, the largest percentage drop ...

Mattress Firm Buying Sleepy's

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

Mattress Firm Holding Corp., the largest U.S. specialty mattress retailer, said it would buy second-place Sleepy's for $780 million, forming a business with about 3,500 stores and more than $3.6 billion in sales over the past 12 months. Mattress Firm ...

Global Stocks Slip Lower, With Focus on Fed, ECB Policy

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

Global stocks were slightly lower Monday as investors awaited key economic releases and further clarity from central banks later in the week. The Stoxx Europe 600 was down 0.5% in early trade amid losses in the energy and basic resource ...

EU Approves 2.72 Billion of State Support for Piraeus Bank

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

BRUSSELS?European Union regulators have approved ?2.72 billion ($2.88 billion) of state support for Greek lender Piraeus Bank, saying the payment didn't violate EU rules on government aid for companies. Greece's government plans to inject that sum into the nation's largest ...

China Shanghai Rubber Futures Closing Prices, Volume

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

Monday, November 30 2015 Natural Rubber Turnover: 660,840 lots Open High Low Settle Prev. Change Vol Open Settle Interest Jan-16 10,895 10,935 10,785 10,850 10,940 -90 100,682 88,850 Mar-16 9,970 9,970 9,810 9,870 10,020 -150 50 192 Apr-16 10,170 10,170 ...

New Zealand Business Confidence Continues Hits Six-Month High

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

By Paul Jackson New Zealand's business confidence continued to improve in November, hitting a six-month high on growing optimism in the service sector. A net 14.6% of respondents in the ANZ Business Outlook survey expected business conditions to improve over ...

Swiss KOF Indicator Falls to 97.9 in November

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

By John Letzing ZURICH-Switzerland's KOF leading economic indicator fell in November, as the country continues to grapple with a strengthened Swiss franc. The indicator, which is compiled by the KOF Swiss Economic Institute and projects how the local economy will ...

World Leaders Seek to Overcome Divisions on Climate Change

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

PARIS?World leaders converged on Paris on Monday for international climate talks amid an unprecedented security lockdown, two weeks after gunmen and suicide bombers killed 130 people in a string of terror attacks. Heads of state and government from some 150 ...

MARKET SNAPSHOT: U.S. Stocks Turn Lower, Eye Modest Monthly Gains

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

By Ellie Ismailidou and Barbara Kollmeyer, MarketWatch Retail in the spotlight after weekend of holiday shopping U.S. stocks edged lower Monday but remained on track to post modest monthly gains, as investors prepared for a busy week of economic releases ...

China's Xi to Make Rare Stop-off in Zimbabwe on Route for Africa Summit

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

By Te-Ping Chen in Beijing and Patrick McGroarty in Johannesburg China's steadfast support for Africa gets a new viewing this week, with Chinese President Xi Jinping making a rare stop-off in Zimbabwe whose long-serving leader, Robert Mugabe, is largely shunned ...

German Exports to Europe, U.S. Rising

TODAY: Feb. 13, 2016 PUB DATE: Nov. 30, 2015

FRANKFURT?German exports to Europe and the U.S. have risen strongly so far this year, showing that German manufacturers have brushed off flagging demand in once favored emerging markets by tapping into more robust growth elsewhere. German exports to the U.S. ...