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Markets

Commerzbank's shares slip despite restructuring

Commerzbank has confirmed it will reduce its workforce by more than a fifth - cutting 9,600 jobs as it faces a slump in earnings.

Economy

Scepticism mounts over OPEC production cut move

Oil producers in the OPEC cartel have agreed they need to cut production to address a supply glut and lift prices - but the devil is in the details.

Markets

Close race for the White House spooks financial markets

Wall Street was lower on Monday, ahead of the first debate between Clinton and Trump, with investors concerned about how close the race is.

Markets

Monday blues as Deutsche Bank and energy sector pull down European stocks

European stock markets are suffering a nervous Monday as investors sold off energy company and bank shares - with Deutsche Bank the biggest loser.

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Markets

European markets hit by worries over US rate hike timing

Monday was a rough day for the world's financial markets amid fears that the Federal Reserve could raise interest rates again as early as next week.

Business Series

Samsung shares rise despite massive Note 7 smartphone recall

Samsung Electronics' shares rose on Monday despite the anticipated losses from the recall of 2.5 million Note 7 smartphones in 10 countries after the batteries in some caught fire or exploded.

Economy

Ride-hailing firm Uber reportedly records record loss

Ride-hailing giant Uber lost more than 1.

Markets

Shares rise, pound drops on UK stimulus measures

UK finance minister Philip Hammond has welcomed the stimulus measures announced by the Bank of England; in reaction London's FTSE 100 share index rose and the pound fell in value.

Markets

Rogue UBS trader Kweku Adoboli warns his crimes 'could happen again'

Former rogue UBS trader Kweku Adoboli warns banks are still pressuring employees to make profits "no matter what" and his crimes could be repeated.

Economy

ECB's Draghi promises more eurozone stimulus if needed because of Brexit

European Central Bank head Mario Draghi says the eurozone economy could be given further stimulus if the Brexit vote starts to have a negative impact.

Markets

Turkish president dismisses S&P ratings cut

Ratings agency S&P has cut Turkey's credit rating due to rising political uncertainty. President Recep Tayyip Erdogan said domestic and international investors shouldn't be concerned.

Business Series

Unilever and Roche results better than expected

Consumer goods giant Unilever has reported better then expected Q2 sales. Swiss drugmaker Roche also beat market expectations.

Business Line

Bank of England: fighting the Brexit blues

In this edition of Business Line we look at the role of Bank of England governor Mark Carney as he tries to calm the financial world following the Brexit vote.

Economy

Japan's Abe speaks on Brexit concerns

Japanese Prime Minister Shinzo Abe has addressed the effects of the Brexit vote on his country, pledging to use all available policy tools to help its economy grow.

Business Series

London Stock Exchange - Deutsche Boerse merger under threat from Brexit

Britain's vote to leave the European Union is threatening the planned merger between the London Stock Exchange and Germany's Deutsche Boerse though the LSE says it remains on track.

Economy

Shares and the pound rebound somewhat from Brexit sell off

Share prices in London and around Europe bounced back after the hammering they have taken since Friday.

Economy

Market misery on the day after the night before

The pound has fallen to levels as low as 1985 after Britain voted to leave the EU.

Economy

Bank of England and ECB take measures to reassure markets

The Bank of England Governor Mark Carney has said its ready to intervene and provide additional help to prop up financial markets.

Economy

Black Brexit Friday as pound plummets and FTSE falls

The pound plummeted and the London FTSE fell in the wake of Britain voting to leave the EU.

United Kingdom

Sterling hits historic low as Brexit fallout spreads

Stocks and shares have been spiralling downwards across Europe after David Cameron said he will quit as British prime minister.