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What does it mean for those companies dependent on China?

In addition, the outage of a 290,000 barrel-per-day distillation unit at BP PLC’s Whiting refinery in Indiana was thought to reduce commercial crude demand, further adding to stockpiles.

Unhappy and irritated by a question put to him by a female Fox News TV journalist during a debate between several Republican aspirants for the White House, he notoriously said she had blood coming out of her eyes and “wherever”.

However, he said he was bargain-hunting in the worst-affected sectors, such as luxury goods, and predicted broader European stock markets should soon stabilize.

“So no constitutional referendum is necessary in this case”, he said.

Oil traders are bracing for a rapid build-up in inventories in the coming weeks, likely testing Cushing’s storage capacity limits, as refiners shut for spring maintenance; the rise may be swifter than expected due to the unexpected prolonged closure of the biggest crude...

The global benchmark, Brent crude LCOU5, -0.95% fell 67 cents, or 1.3%, to $49.51 a barrel on London’s ICE exchange.

Though China said its strong economic fundamentals provided “strong support” for the yuan, sources told Reuters that some within the government were pushing for the yuan to go even lower.

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.

West Texas intermediate for September delivery fell $1.07 cents, or 2.5%, to settle at $42.23 a barrel on the New York Mercantile Exchange. The US contract on Tuesday closed at the lowest level since March 2009.

A former army chief, Sisi led the army to oust Mohamed Morsi, Egypt’s first freely elected president, in a 2013 coup following protests against his rule.

Another drop in China’s currency sent global markets mostly lower on Wednesday as the move raised worries about the world’s second-largest economy, but US stocks finished mostly higher Wednesday as an afternoon rally led by Apple and energy equities overcame early...

The Dow Jones industrial average fell 212.33 points, or 1.2 per cent, to 17,402.84. The S&P 500 rallied 1.3% to 2104, while the NASDAQ added 1.2% to 5102.

CALARE MP John Cobb says he was proud to be part of the federal Coalition’s joint party room meeting that rejected a conscience vote on same-sex marriage on Tuesday night.

Shares of US carmakers with big exposure to China fell.