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It’s the first time since April that it’s traded below US$50 while it has now fallen nearly 25% since peaking near US$66 a tonne less than a month ago. “The slump in equities reflects a lack of confidence in China’s economy, which damps the demand outlook...

Beauty products maker Coty is buying 43 beauty brands from Procter & Gamble Co., including Miss Clairol, Covergirl and Max Factor. The deal includes its global salon professional hair care and color, retail hair color, cosmetics, select hair styling brands, and fine...

Those figures are down from the IMF’s April projections for 0.9 percent growth this year and 2 percent next year in Latin America.

A search for a permanent successor is underway.

As for the Mozilla Firefox features, the company said it will enhance every feature it deems to be “functional, and a joy to use”, while eliminating codes they don’t expect to ideal in the near future.

Yet the prospect of an imminent breakthrough was nearly immediately quashed by Greece’s main creditors, including economic powerhouse Germany, even as Washington continued to press for both sides to reach a compromise.

After years of climbing stock prices that have attracted 90 mn individual investors and increased investment from major investors, the government is concerned plummeting stock prices will further retard the country’s already slowing economic growth rate. The authorities...

REMEDY: Ford will notify owners, and dealers will update the instrument panel software, free of charge.

Initial jobless claims climbed 15,000 to a seasonally adjusted 297,000 in the period stretching from June 28 to July 4, the government said Thursday.

The ECB is now keeping Greek banks – and by extension the Greek economy – afloat via its Emergency Liquidity Assistance, or ELA, facility.

Speaking amid a mix of boos and cheers at the European Parliament on Wednesday, Greek Prime Minister Alexis Tsipras vowed that a “credible” plan would be in creditors’ hands within the next 48 hours, and that it would include key changes to the country’s...

“Iran is ready to strike a fair and balanced deal and prepared to open new horizons to address the shared challenges of far greater magnitude”, Zarif wrote. Support for the Iranian regime and hostility toward the United States among the Iranian population would nearly...

In a report released Wednesday, July 8, 2015, the Pew Research Center says China’s rise in living conditions, with 203 million people there moving into a middle-income life over the decade starting in 2001, has resulted in what the report calls a “pivot to the...

On the side is the message: Labels are for cans not for people. Analysts at Deutsche Bank downgraded shares of Coca Cola HBC AG to a “hold” rating and raised their price target for the stock from GBX 1,250 ($19.45) to GBX 1,400 ($21.78) in a research note on Monday,...

Ford did not say where it would build the next-generation Focus and C-Max for the US market.