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The State Council did not specify the deadline for such cut, but pointed out that China has cut its production capacity of crude steel by more than 90 million tonnes in recent years, state-run Xinhua news agency reported on Monday.

“We expanded distribution of Apple Watch to nearly 12,000 locations in 48 countries during the quarter”, Apple CEO Tim Cook said during the company earnings call.

AT&T is adding plenty of non-smartphone devices to its network, but it’s also losing some pretty important customers, with postpaid smartphone sales dropping by 27 percent.

Russian authorities said on Monday they had banned four athletes including European silver medallist Irina Maracheva for doping offences.

Weight Watchers International Inc. shares rose 20 percent after investor and spokeswoman Oprah Winfrey tweeted about losing weight using the program.

With economists anticipating core inflation to be just 2.1 per cent in the December quarter from a year earlier, and up 0.5 per cent in the final three months of the year, it’s clear there are no immediate threats of a price breakout. “On the domestic front, some wage...

That decline was due to lower oil-field service activities levels around the world, with the company’s North American business the hardest hit. Oppenheimer reissued an “outperform” rating and set a $48.00 price objective (down from $55.00) on shares of...

Earlier, the company reported an adjusted fourth-quarter loss of 2 cents a share, which beat the 18-cent loss estimated on average by 14 analysts tracked by Bloomberg. The natural resource company reported ($0.15) earnings per share for the quarter, missing analysts’...

Until that happens, Mr Al-Falih said, “Saudi Arabia can sustain low oil prices for a long, long time”.

The trend of long-lost manuscripts rising again continues: First it was Harper Lee, then Dr. Seuss, now Beatrix Potter.

Also, excluding the impact of currency, the guidance for full-year operating EPS, including expected benefits from cost savings and share repurchases, represents a 17% to 23% increase year over year.

Carolyn McCall, the budget airline’s chief executive, said: ‘easyJet’s excellent customer proposition combined with low oil prices has allowed it to offer lower fares which has driven an 8 per cent increase in passenger numbers in the first quarter.

United States consumer confidence rose in January, comfortably surpassing economists’ expectations, according to data released by the Conference Board.

Rev and Tax doesn’t have the paper income tax forms and instruction booklets to issue to taxpayers yet.

The subtext of President Obama’s final State of the Union address was palpable.