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US payrolls surge in December in boost to economic outlook

The dollar moved higher, while prices for US government debt fell, as traders ramped up bets the Federal Reserve would raise interest rates in March US payrolls surged in December and the job......

US Q2 GDP growth revised sharply higher to 3.7%

The U.S. economy grew faster than initially thought in the second quarter on solid domestic demand, showing fairly strong momentum that could still allow the Federal Reserve to hike interest rates......

Sturdy US jobs report boosts chances of Fed rate hike

The Fed has kept overnight rates near zero since December 2008. Officials from the US central bank will meet on June 16-17. US job growth accelerated sharply in May and wages picked up, signs of......

US economy nearly stalls in Q1 as energy prices bite

U.S. economic growth braked more sharply than expected in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices slashed spending, but there......

Indian businessman defrauds US musician of $20mn

An Indian businessman in New York has been charged with duping a renowned musician of $20 million over a period of six years by fabricating stories that the music composer was under threat from......
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Lack of investment, payment delays hamper Venezuela oil output

By | CARACAS CARACAS Aug 15 Venezuela, which holds the world's largest crude reserves, is on track to suffer its steepest annual oil output... ...
US stocks surge to records as retail, oil shares gain

New York: US stocks scored a hat-trick Thursday, with all three major indices vaulting to records due to strong gains in petroleum-linked shares... ...
Xtreme Drilling Corp. (Formerly, Xtreme Drilling and Coil Services Corp.) Announces Management Changes and Reports 2nd Quarter 2016 Financial and Operating Results

CALGARY, ALBERTA -- (Marketwired) -- 08/04/16 -- Xtreme Drilling Corp. (TSX:XDC) ("Xtreme", the "Company") announces second quarter 2016 financial... ...
TGS and Schlumberger Announce New Dual Coil Shooting Full-Azimuth Multiclient Acquisition in U.S. Gulf of Mexico

From the Wires Aug. 4, 2016 12:59 AM ASKER, NORWAY -- (Marketwired) -- 08/04/16 -- TGS and Schlumberger today announce commencement of the... ...
U.S. oil drillers add rigs for fifth week in a row -Baker Hughes

July 29 U.S. drillers this week added oil rigs for a fifth consecutive week, Baker Hughes Inc said on Friday, but the oilfield services provider... ...

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