SINGAPORE (Reuters) - U.S. crude rose more than $1 in early Asian trade on Monday, reversing a fall in the previous session as escalating clashes in Libya threatened oil exports and supply disruptions from the OPEC member.
Germany set the scene for a bitter battle with the European Central Bank president, Mario Draghi, over emergency measures to revive the eurozone's flaccid economy, as senior officials hardened their opposition to a full-scale money-printing programme.
Interest rates must be kept low during 2015 because deflation and stagnation pose a bigger threat than inflation, a leading economist warns today.
EDINBURGH, Dec. 28 (Xinhua) -- Registered business start-ups are at a record high in Scotland with a 23.9 percent increase in 2013, official figures showed on Sunday.
Anglian Water says work to restore water supplies to 6,000 homes in Norfolk could take until Monday. A main pipe burst at a pumping station at Caistor St Edmund at 11:00 GMT, affecting supplies to an area south of Norwich.