Ukraine, battling separatists and bondholders, has also been hit by the oil rout and international sanctions on Russia.
US government data revealed that supplies fell last week, owing to a temporary fall in Alaskan output.
Gold and the greenback to react to a raft of US data through the holiday-shortened week, including revised US GDP data.
While Microsoft was willing to offer about $55bn, Salesforce was expecting as high as $70bn, CNBC reports.
Fewer than 90% of affected financial institutions accepted proposal.
US Justice Department has identified criminal wrongdoing in General Motors' failure to disclose defect, and is negotiating hefty penalty.
Guardian journalist received email from Bank's head of press, Jeremy Harrison.
Online giant has been stung by allegations over its arrangements with Luxembourg.
US 'well-positioned' for continued growth despite a first-quarter slowdown.
CMA provisionally believes the deal may lead to a "substantial reduction in competition, possibly through higher prices..."
In 2014, the figure was £115m, with rising A&E admissions blamed for 2015's costs.
Brittain was appointed Whitbread chief executive, making her the sixth female FTSE 100 CEO.
The FTSE 100 closed the day up 18.25 points (+0.26%) at 7,031.72.
CMA says lube deal could result in lack of stiff competition
The Irish airline has made a number of changes to increase customer satisfaction.
Voodoo economics? Experts offer their views on the possibility of another credit crunch.
Pretax profit dropped by 53.5% to £148.2m
Chancellor George Osborne urges Whitehall departments to make more cuts in effort to wipe off deficit in 2018-19.
Details of 3.9m Adult FriendFinder users have leaked on dark web, including intimate personal information
Pretax profit up 51% in Nationwide's 'strongest set of results ever reported'
Technological advancements in production of solar panels would make solar power as cheap as coal, says John Straw, author of iDisrupted.
Vodafone's stock has gained over 11% since 20 May, the biggest three-day intra-day gain in nearly two years.
Japan's Nikkei strikes a new 15-year peak while the Shanghai Composite hits a fresh seven-year high.
Decision to quit EU would raise doubts about Airbus's long-term future investments in the country said Paul Kahn.
Man-in-the-middle attack on Google and Samsung app store users planned to prevent 'another Arab Spring'
Rent went up by 4.6% over the last 12 months
EXCLUSIVE: Hacker who stole customer data from mSpy says spying company's servers were completely unprotected
China will be largest shareholder in Asian Infrastructure Investment Bank, followed by India.
HSBC's Brazilian unit, HSBC Bank Brasil Banco Múltiplo, is the nation's seventh-largest commercial lender.
HP will sell 51% stake in new business called H3C for about $2.3bn to Tsinghua subsidiary Unisplendour.