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In part, the falling price of oil is a symptom of the same ailment that has been pulling down stock markets: China. A 20 per cent fall in stock markets would wipe more than £300billion off the value of Britain’s biggest companies.

The Acting President of the Association of the Bureau De Change Operators, Alhaji Aminu Gwadabe, during an interview, said that the ban was not going to have any effect.

Stocks in Shanghai appeared to be searching for direction in initial trading a day after losing 5 percent, with downward momentum winning out.

Mr Robert Kaplan, the new chief of the Dallas Federal Reserve Bank, said on Monday (Jan 11) he supports gradually increasing USA interest rates, adding that keeping monetary policy too easy for too long poses risks that could be painful to address.

Mr Ai ended up using bricks donated to him by the public for his exhibition in Australia.

General Electric (GE) will announce Thursday that it has picked Boston for its global headquarters, according to the Boston Globe, which cited an official familiar with the process.

General Motors Co. and ride-hailing company Lyft Inc. are forming a partnership that could help speed the development of self-driving cars.

Bulls need that trade to work now more than any time in the past few years.

The IRGC spokesman, Ramazan Sharif, told Tasnim news agency on Wednesday that the IRGC wants to interrogate the crew before releasing them and said that, “If, during the interrogation, we find out that they were on an intelligence gathering mission, we will treat them...

It’s gotten so bad in the oil world that investment banks are practically falling over themselves to predict just how low crude will go. It has to stop somewhere, right?

Police secure the area after an explosion in central Istanbul, Jan. 12, 2016.

“What we’ve seen in the past when we’ve had other record jackpots, the ticket sales increase significantly and the transfers we make to the beneficiary funds are also increased”, Watson says.

The jackpot for the Powerball lottery has reached an astounding $1.5 billion – if claimed as a lump sum, the value of the prize is an estimated $930 million. Feeling lucky? Here are 13 things to know about Powerball. “They are buying their sodas, they are buying their...

Other investors in this latest funding round for Lyft include Kingdom Holding Company, which put in $100 million, as well as Alibaba, Didi Kuaidi, Janus Capital Management and Rakuten.

The German automaker saw its December sales in the USA decline by 9 percent compared to the same month in 2014. Steps that will cost the company a lot of money.