Gold settled lower on Friday as U.S. equities rebounded but managed to log a second straight weekly gain as concerns over the global economy have raised speculation that the U.S. Federal Reserve could keep interest rates low for longer. The dollar …
Evaporating inflation and slowing growth have put financial markets into such a spin that they could inflict further damage on the world economy. Until a dramatic selloff, exuberant markets had raced well ahead of the economies that underpin them …
Vladimir Putin said Friday that the global economy would collapse if the oil price was allowed to remain at around $80 a barrel for too long. At a press conference following talks on the Ukrainian crisis in Milan, Italy the Russian president warned …
US shares dropped, following big losses on European and Asian stock markets due to continuing concerns about global economic growth and the Ebola crisis. The sell-off follows heavy losses in the US, Europe and Asia on Wednesday. Mishal Hussain …
The U.K. engine maker said it expects underlying revenue for 2014 to fall by 3.5% to 4% from last year's level, having previously said sales will be roughly unchanged. Rolls-Royce reiterated a forecast that underlying profit would be flat in 2014 as …
Falling oil prices signal slow global economy. The cost of crude is a keenly watched barometer for the global economy and most recently it's been forecasting gloom. A barrel of North Sea Brent crude now fetches around 84 dollars. That is a 25 percent …
CRUDE-OIL THE persistent fall in the price of crude oil may be creating a huge relief for the global economies, which would be benefitting to the tune of $1.1 trillion on a yearly basis. The crude oil's trading misfortune, which has hit a four-year …
After equity markets were hammered this week by growing fears over the global economy, the US Department of Labor offered a ray of hope on Thursday as it reported that jobless claims for the week ending October 11 fell to their lowest level since 2000.
NEW YORK (Reuters) – Stocks took a pounding on Wednesday, although Wall Street managed to peddle back from its steepest lows, and safe-haven government debt prices rose after U.S. and Chinese inflation data fanned worries about a global slowdown.