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BUSINESS

Pound hits lowest mark against dollar for almost seven years

Digital Desk -
The pound remains under pressure after dropping below 1.40 US dollars for the first time in nearly seven years amid uncertainty over the UK's...
BUSINESS

Stocks end lower on Wall Street as commodities prices fal

Digital Desk -
Stocks ended lower on Wall Street as another drop in commodities prices pulled down energy and materials stocks. Cabot Oil & Gas sank 11% Tuesday,...
BUSINESS

London Stock Exchange makes fresh bid to merge with Deutsche Boerse

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The London Stock Exchange is in talks over a possible £20 billion merger with Germany's Deutsche Boerse to create one of the biggest exchange...
BUSINESS

Oil giants propose to freeze oil production’ if other oil producers join’

Digital Desk -
Russia has agreed with Opec members Saudi Arabia, Qatar and Venezuela to freeze oil production levels if other producers do the same. Energy minister Alexander...
BUSINESS

FTSE rebounds after sharp falls

Digital Desk -
The London market rebounded this morning from sharp falls yesterday that left it at three-and-a-half year lows. The FTSE 100 Index was up 88.7 points...
BUSINESS

Janet Yellen: Pace of future US rate hikes could be slowed

Digital Desk -
The US economy faces a number of global threats that could derail growth and compel the Federal Reserve to slow the pace of future...
BUSINESS

Japan introduces negative interest rate

Digital Desk -
The Bank of Japan has introduced a negative interest rate policy for the first time as it seeks to shore up a stumbling economic...
BUSINESS

Lloyds banking group shares fall after Osborne postpones final stake sale

Digital Desk -
Lloyds Banking Group shares fell after the Government postponed the sale of its final stake in the lender. Chancellor George Osborne said he would not...
BUSINESS

Asia markets show glimmer of improvement

Digital Desk -
Global market panic showed fragile signs of easing as Asian markets opened a day after £52bn was wiped from the FTSE and exchanges tumbled...
BUSINESS

China’s economic growth now at lowest level in 25 years

Digital Desk -
China's economic growth edged down to 6.8% in the final quarter of 2015 as trade and consumer spending weakened, dragging full-year growth to its...
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