Business

Oil Price Slides to Lowest Since '03 After Iran Sanctions Lifted

US crude futures were trading at $29.00 a barrel by 0105 GMT, down 42 cents from their last settlement. Both Sunni-dominated Saudi Arabia and the Shiite militias in Iran have been regional rivals for years and the USA decision to lift sanctions is reigniting tensions.

Business

Cruz: Don't get 'burned' by fake conservatives

U.S. Sen. Ted Cruz never misses a chance to take a shot at his No. 1 rival Republican rival, Donald Trump . The Republican front-runner, who was either unaware of Levin's criticism or disregarded it, continued his Cruz attacks after Levin published his post.

Business

Key Indian equity indices open higher

The 30-share Sensex after opening higher at 24,257.28 advanced to hit the day's high of 24,563.34 and finally settled 291.47 points or 1.21% higher at 24,479.84. This was the weakest pace of expansion since the first quarter of 2009. "Rise in oil prices also helped sentiments, which were further boosted by rise in European markets", said Anand James of Geojit BNP Paribas Financial Services.

Business

As Iowa looms, GOP wonders: does Trump have fans, or voters?

Milford, NH-Ted Cruz on Sunday started a New Hampshire tour packed with 17 events in the states 10 counties. Trump began the morning by slamming Cruz in a series of tweets . One thing has to be said for Donald Trump: he is an equal opportunity antagonist! He returned to the subject in an interview with CNN , taped for broadcast on Sunday, saying: "I thought it was very, very insulting".

Business

US prisoners freed by Iran arrive in Germany to get medical care

Still, said Ansari, "The U.S. sanctions against Iran's ballistic missile program... have no legal or moral legitimacy". A fourth Iranian American, Nosratollah Khosravi-Roodsari, about whom little is known, chose to stay in Iran, U.S. The nuclear deal will also open up business in the 79-million-strong country. The incident is a huge turnaround from just a few days earlier, when US-Iran relations seemed to be at a high point.

Business

Chipotle to Close All Restaurants on February 8 to Address Food Safety

During that time , Chipotle will be holding a company-wide meeting to address a series of health issues at its stores that have left hundreds sick and hammered the restaurant chain's credibility for high-quality food. Its troubles began after an E. coli outbreak came to light at the end of October . Chipotle's December sales were down 30 percent , according to a recent filing with the Securities and Exchange Commission.