Business Blog

* Stocks rebound as investors snap up beaten-down shares* Ruble falls again after rate hike to 17 percent* Moscow stocks plunge, crude trades below $60 a barrel(Adds oil price settlement)By Herbert LashNEW YORK, Dec 16 (Reuters) - Oil prices pared losses and global equity markets rebounded on Tuesday as investors snapped up beaten-down energy stocks and wagered the U.S. central bank will express c

Technology behemoth Apple has been found not guilty of engaging in anti-competitive behaviour by a jury in California.

* Ruble falls again after interest rates raised to 17 percent* Moscow stock markets plunge, but U.S., Europe turn higher* Brent, U.S. crude trade below $60 a barrel(Adds close of European bond, stock markets; changes dateline; previous LONDON)By Herbert LashNEW YORK, Dec 16 (Reuters) - Crude oil prices pared losses and global equity markets rebounded on Tuesday as investors snapped up beaten-down

The price of Brent crude oil has fallen below $59 a barrel for the first time since May 2009.

A contract has been renewed that will secure the future of the Post Office card account until at least November 2021, the government has confirmed.

* Rouble down again after interest rates raised to 17 percent* Moscow stock markets plunge, drag U.S., Europe lower* China data shows factory sector contraction* Brent, U.S. crude well below $60 dollars a barrelBy Patrick GrahamLONDON, Dec 16 (Reuters) - Oil&aposs plunge below $60 and the failure of Russia&aposs huge emergency rate hike to stabilise the rouble jolted global markets on Tuesday, add