SYDNEY, Dec 7 - Monthly iron ore shipments to China through Australia's Port Hedland rose 3 percent in November amid a sharp weakening in prices for the raw material used in steel production, port data released on Monday showed.
NEW YORK, Dec 7 (Reuters) - Oil prices skidded to their lowest level in nearly seven years on Monday, knocking down shares of major oil companies on Wall Street as a global glut showed no signs of abating.
WASHINGTON, Dec 7 (Reuters) - Iran tested a new medium-range ballistic missile last month in a breach of two U.N. Security Council resolutions, Fox News reported on Monday, citing a senior U.S. official.
Dec 7 (Reuters) - Carl Icahn offered to buy Pep Boys-Manny, Moe & Jack in a deal valuing the U.S.
LONDON, Dec 7 (Reuters) - Venezuelan dollar bonds rose strongly on Monday after the opposition beat the ruling Socialists in a parliamentary election at the weekend, raising hope of at least some economic reform in the crisis-ridden country.
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