
LONDON(Reuters)-RisingU.S.shaleoilproductionwillhelpmeetmostoftheworld'snewoildemandinthenextfiveyears,eveniftheglobaleconomypicksupsteam,leavinglittleroomforOPECtoliftoutputwithoutriskinglowerprices,theWest'senergyagencysaid.ThepredictionbytheInternationalEnergyAgency(IEA)cameinitscloselywatchedsemi-annualreport,whichanalysesmid-termglobaloilsupplyanddemandtrends."NorthAme...
NEWYORK(Reuters)-StocksclosedlittlechangedonMonday,pausingafterhittingrecordhighslastweek,butstrengthinhealthcareissueshelpedtokeepdeclinesincheck.TheS&P500healthcaresectorclimbed0.7percentandwastheday'sbestperformer.SharesofTheravancejumped17.9percentto$41.20afterIrishdrugmakerElanagreedtoa$1billiondealtobuy21percentoftheroyaltiesthatTheravancereceivesfromGlaxoSmithKlinef...