Messaging app Snapchat has filed confidentially for an initial public offering (IPO), sources familiar with the situation said on Tuesday.The Venice, California-based company is in the process of planning one of the biggest technology

SEOUL Oil prices dropped to their lowest in three months on Monday despite OPEC efforts to curb crude output, dragged down as U.S. drillers kept adding rigs.Brent crude LCOc1 had fallen 35 cents, or 0.68 percent, to its lowest since
U.S. crude oil stocks fell last week after three straight weeks of builds as imports dropped and refineries hiked output, while gasoline inventories rose sharply amid weak demand, U.S. Energy Information Administration data showed on Wednesday.Crude inventories USOILC=ECI fell 1.3
Major U.S. stock indexes established record highs on Tuesday, led by bank stocks after Federal Reserve Chair Janet Yellen said it would be unwise to wait too long to raise interest rates. The Dow Jones Industrial Average .DJI rose 91.43