By

This means the country would not get its debt pile down to 120pc of GDP – long viewed by the global Monetary Fund (IMF) as the target to get Athens back to a sustainable debt level – until 2030, two decades after the country’s first bail-out.

Amid concerns over low inflation and slowing growth in Asia, the Bank of England’s policymakers voted 8-1 to leave the rate at 0.5 percent for a 78th consecutive month and opted not to pump more money into the economy.

After completion of the Alphabet merger, Page will become Alphabet’s CEO, and Sergey Brin, who cofounded Google with Page, will become president of Alphabet.

A damaged vehicle is seen at the site of the massive explosions at a warehouse in northeastern China’s Tianjin municipality. It’s not know exactly what chemicals were stored at the facility.

Wall Street analysts have a mean estimate for long-term growth of $20.29 on the stock.

The Labor Department reports on U.S. producer price inflation in July at 8:30 a.m. Eastern Friday. Economists had expected the index to inch up by just 0.1%.

Whatever you choose to call it, China’s currency this week roiled global markets after the central bank’s sudden move to devalue it. The decision sparked fears of a new currency war and even drew the ire of Republican presidential candidate Donald Trump.

HONG KONG (AP) – World stock markets rebounded Thursday as the fall in the Chinese yuan slowed and the country’s central bank tried to dampen speculation of further devaluation.

Consumer spending growth slowed sharply from a 0.9 percent increase in the first quarter to a 0.1 percent rise in the second quarter, much of which was due to lower spending on energy amid higher temperatures.

Gold futures on the COMEX division of the New York Mercantile Exchange rose on a weaker US dollar.

Among them were some of the highest-profile lots, including a jumpsuit purportedly worn by Elvis during a series 1973 shows in Las Vegas and a guitar supposedly signed by the King as well as Johnny Cash, Jerry Lee Lewis and Carl Perkins.

Investors have recovered more than $2 billion (1.28 billion pounds) in settlements with nine banks over claims of price-rigging in the foreign exchange market, and are continuing to pursue claims against seven other banks, a lawyer for the plaintiffs said Thursday. They added...

Monday looks to be mostly sunny with a high near 86 and a low around 69. West wind 3 to 7 miles per hour.

The apparel retailer has been reporting losses for the past five years, along with management turmoil.

The health-focused firm has rocked out a universal app for Microsoft’s new OS, which will also come to Xbox One and Windows 10 Mobile when those versions are rolled out later in 2015. The Windows 10 app tracks steps, activity, exercise, food, weight, and sleep to help users...