LONDON (Reuters) - Oil prices are likely to come under further downward pressure, the International Energy Agency said on Friday, as it cut its outlook for demand growth in 2015 and predicted healthy non-OPEC supply gains would aggravate a global oil glut.
FRANKFURT (Reuters) - The head of the European Central Bank is set to tell European leaders in stark terms at a summit next week that they need to reform straggling economies or risk blunting an ambitious monetary offensive to help revive the stagnant euro zone.
SAO PAULO (Reuters) - Brazil's state-run power company Eletrobras said on Friday its board had approved a plan to renegotiate 8.5 billion reais ($3.2 billion) in debt owed to state-run oil firm Petroleo Brasileiro SA .
NEW YORK/WASHINGTON (Reuters) - U.S. prosecutors, already smarting from a appeals court ruling that weakens their ability to crack down on future insider trading, on Thursday faced widening fallout from the decision as some existing cases threatened to unravel.
GENEVA (Reuters) - A trillion dollar deal at the World Trade Organization to reduce tariffs in the vast information technology sector will stand or fall in the next 24 hours, trade diplomats said on Thursday.