The Organisation of Petroleum Exporting Countries agreed to cut production to a range of 32.5 million to 33 million barrels a day after the meeting in Algiers. Photograph: iStock

Oil held gains after the biggest advance since April as Opec agreed to reduce production for the first time in eight years, surprising traders who had(...)

Qantas Airways chief executive Alan Joyce. The airline announced its first dividend since 2009 and paid bonuses to 25,000 workers. Photograph: Brendon Thorne/Bloomberg

Qantas Airways announced its first dividend since 2009 and handed bonuses to 25,000 workers as chief executive Alan Joyce’s turnaround program deliver(...)

Passersby walk past in front of electronic boards showing Japan’s Nikkei share average and he  yen’s exchange rate against the dollar, sterling and the euro

Stock markets traded within sight of their highest levels this year, though there are signs that the strong rally of recent days may be running out of(...)