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In a report by Reuters, Apple confirmed on Sunday that the tech-giant has been hard at work removing malicious apps from App Stores for the iPad and iPhone.

Brent crude, the worldwide benchmark, is trading at about US$49 a barrel compared with US$99 a year ago. “This is all post-Fed fallout”, Mr. Flynn said.

Egg prices, which have been pushed higher by an avian flu outbreak among chickens, rose 7.7 per cent in August and are now up 35.3 per cent over a year ago. CPI has hovered around zero since February.

ANNUAL United Kingdom consumer prices index inflation fell back to zero in August, the latest official figures show, underlining the country’s continuing economic challenges.

Oil traded steady to higher on Tuesday, buoyed by gains on Wall Street that helped prices rebound after a tumble in the previous session, ahead of an industry report that’s expected to show if US crude stockpiles have fallen after weeks of gains.

The cartel has upped its expectation for oil demand growth this year by 84,000 barrels per day to 1.46 mn bpd, but revised its forecast lower for next year by 50,000 bpd to 1.29 mn bpd.

The Saudi-led oil cartel said daily crude production outside of OPEC is likely to grow by 160,000 barrels next year, a figure 110,000 barrels lower than its estimate last month, largely because USA oil production is slipping faster than expected.

The Saudi-led oil cartel said daily crude production outside of OPEC is likely to grow by 160,000 barrels next year, a figure 110,000 barrels lower than its estimate last month, largely because US oil production is slipping faster than expected.

The dollar shrugged off a pair of widely watched economic indicators Tuesday and continued to trade within a tight range against its main rivals as investors waited to see if Federal Reserve policy makers would raise interest rates at their meeting later this week.

The U.S. Federal Reserve will not raise interest rates this week, Turkey’s Economy Minister Nihat Zeybekci predicted Monday. That announcement could feature the first interest rate hike since 2006 and put an end to almost seven years of near-zero percent interest rates.

The Chinese market collapse, downgrading of Brazil’s credit rating, Russian recessionary concerns, and the South African economic slowdown will curb the demand for crude oil in the long term in the oversupplied crude oil market.

But the liftoff is surrounded by a contentious debate.

On the New York Mercantile Exchange, platinum futures for October delivery slid 1.8 percent to $992.40, and palladium futures for December delivery dropped 0.8 percent to $577.15 an ounce.

US Federal Reserve vice-chairman Stanley Fischer joined the European Central Bank vice-president Vitor Constancio and Bank of England governor Mark Carney on Saturday on a panel at the Kansas City Fed’s annual retreat in Jackson Hole, Wyoming, dedicated to discussing...

US gold for December delivery rose half a percent to $1,138.30 an ounce.