The U.S. has suspended non-lethal aid to opposition forces in northern Syria after members of a militant Islamist rebel group seized warehouses belonging to the Western-backed Supreme Military Council.
Stanley Fischer, said to be the leading candidate for the No. 2 job at the Federal Reserve, offers crisis-fighting experience and a dose of skepticism about efforts to shape expectations on the outlook for interest rates.
Oil production from North American shale fields will outpace every member of OPEC except Saudi Arabia within two years, according to Exxon Mobil Corp., the world’s biggest energy company by market value.
Ukraine’s opposition rejected President Viktor Yanukovych’s efforts to defuse a political crisis after anti-government activists thwarted an attempt by riot police to clear them off the streets of Kiev.
Moncler, the Italian maker of $1,220 quilted polyester jackets, priced its initial public offering at the top of an indicated range after investors sought more than 31 times the amount of stock offered.