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Subject to regulatory approvals, the assets will be bought by North Sea Midstream Partners, which owns and operates the Teesside Gas Processing Plant (TGPP) in northeast England.

Yun said he had expected to see more first-time buyers return to the housing market this summer and was surprised by their poor showing. The median projection in a Bloomberg survey of economists called for the index to rise 1 percent. A lag of a month or two usually exists...

The comments by Kansas City Fed Bank President Esther George, aired on Thursday in a cable television interview, were a sign that concerns over financial market turmoil have penetrated deeply into the U.S. central bank, further reducing the likelihood of a Fed rate hike in September.

Stocks jumped on Wednesday as global markets showed tentative signs of regaining their footing after an extended rout fueled by growth concerns.

Ms Thanou, 65, becomes Greece’s first female prime minister.

Brazil rules out selling United States dollars reserves to damp fx volatility, repo an option-source.

According to reports, Netflix, a provider of on-demand Internet streaming media, has teamed up with SoftBank in order to launch its video-streaming service in Japan.

The Shanghai Composite Index, whose steep drop in recent days triggered worldwide selling, gained 5.3 per cent to close at 3,083.59 points, bouncing back from losses that wiped some 20 per cent off its value over the past week.

Playtech, a provider of online gaming software to betting companies such as Ladbrokes Plc, has been diversifying by acquiring financial trading businesses and is expected to complete a 459.6 million-pound acquisition of Plus500, a trading platform, by September 30.

They included Bill Gates, whose wealth dropped US$3.2 billion, the most of anyone after Wang, and Inditex SA founder Amancio Ortega, whose wealth fell US$1.5 billion, the most of any European, according to data compiled by the Bloomberg Billionaires Index.

“Developments in the world economy and commodity markets have increased the downside risk in achieving the sustainable inflation path towards 2%; the risk has increased”, he told reports, according to Reuters.

Ukraine has reached a crucial deal with its global bondholders that will help prop up its government finances and keep the struggling country from defaulting on its debt.

China’s central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe. The Nasdaq...

Kurdish forces in northern Iraq drove Daesh militants out of ten villages in Kirkuk province on Wednesday with the support of US-led coalition airstrikes, Kurdish military sources told Reuters. The regional government’s peshmerga forces have been battling IS militants since...

This time, there was no retreat.