Oil prices recovered from early losses Monday but traders moved cautiously after Russia and Saudi Arabia wrapped up a meeting on stabilizing the crude market but offered no details.

President Vladimir Putin met Deputy Crown Prince Mohammed bin Salman on the sidelines of the G20 in China on Sunday and said they would work to address a global glut and overproduction that has hammered prices for the past two years.

A company controlled by Dubai's ruler has unveiled plans for a vast mixed-use development that will create thousands of new homes and hotel rooms.

Developer Dubai Holding said Sunday that work on the new "Jumeriah Central" district will begin next year along Sheikh Zayed Road, the city's main artery. It will sit across from the Mall of the Emirates, home to an indoor ski slope.

Prime Minister Theresa May warned of possible "difficult times ahead" for Britain's economy in an interview screened Sunday as she sought to build post-Brexit trade ties at the G20 summit in China.

Speaking to BBC television, May also ruled out a new general election anytime soon, saying Britain needed stability following June's referendum vote to pull out of the European Union.

After Russia snatched the Black Sea peninsula of Crimea from Kiev the new authorities installed by Moscow set about taking over one of Ukraine's largest banks as well as shipyards and hotels.

The state lender has now fired back by filing a massive claim with a court in The Hague -- one of multiple cases being fought by Kiev on a new legal front as a war with pro-Russian separatists in the east of the country drags on. 

The U.S. dollar gained on the euro and yen Friday after a lackluster U.S. jobs report that supported a Federal Reserve rate rise later this year but not necessarily this month.

The U.S. economy pumped out 151,000 net new jobs in August, below the 180,000 expected.

South Korea giant Hanjin Shipping said Friday about a third of its cargo fleet -- some forty vessels -- is marooned at sea or has been seized at ports, as the industry staggers after its biggest ever bankruptcy filing.

Oil prices edged up Friday on bargain-buying and a weaker dollar after another slump fueled by a surge in U.S. stockpiles and worries about an upcoming meeting to tackle a global supply glut.

German Chancellor Angela Merkel Thursday stressed her continued support for an EU-U.S. trade agreement being negotiated but recently declared dead by her deputy and by a French minister.

Apple chief Tim Cook on Thursday slammed a European Commission ruling demanding the U.S. tech behemoth pay Ireland €13 billion in back-taxes as "political crap", urging the Irish government to launch an appeal. 

British Airways was on Thursday to become the first British airline in four years to fly directly to Iran following the lifting of some sanctions against Tehran.