Lee Kuan Yew in hospital for severe pneumonia
Former Singapore Prime Minister Lee Kuan Yew is in hospital for severe pneumonia but his condition has stabilized, according to the government Saturday.
Hundreds evacuated after Dubai skyscraper fire
Hundreds were evacuated from one of the world’s tallest residential buildings when fire swept through Dubai’s 79-story The Torch tower.
Refinery strike widens to include largest U.S. refinery
The U.S. refinery strike widened, with workers at the nation’s largest refinery walking off the job, the United Steelworkers union said.
Brazil firms push for “grand bargain” on Petrobras scandal
Some companies caught up in Brazil’s Petrobras corruption scandal are pressing for a “grand bargain” settlement, sources told Reuters.
West Coast ports, union reach tentative labor deal
Shipping companies and terminal operators clinched a tentative deal with the dockworkers union after months of backups at 29 U.S. ports.
Greece agrees deal with eurozone
EU finance ministers grant breathing space to let Athens renegotiate its financial aid package following talks in Brussels.
Wal-Mart to kill 1-day wait for sick leave
Wal-Mart Stores will change its policy to allow full-time employees to use sick days as soon as they get ill, it said.
Greece saga fades, investors look at the economy
Growth and interest rates will regain the spotlight as investors can most likely put Greece behind them for a few months.
Canada to impose levy on oil shippers
Canada will increase the insurance railways must carry when they haul crude oil and impose a levy on shippers.
East Coast refineries seize up with deep freeze
Sub-zero weather disrupted more than two-thirds of the U.S. East Coast’s oil refining capacity on Friday.