(Updates with Apollo, Fosun). LISBON, Sept 1 (Reuters) - The Bank of Portugal is to start negotiations with U.S. fund Apollo Global Management on the sale of state-rescued Novo Banco after exclusive talks with China's Anbang Insurance Group Co were ...
Unemployment in the euro area unexpectedly declined to its lowest level in more than 3 years, signaling the region's recovery is gaining pace even as dark clouds from China draw on the horizon.
JAKARTA, Sept 1 Global economic growth is likely to be weaker than earlier expected, the head of the International Monetary Fund said on Tuesday, due to a slower recovery in advanced economies and a further slowdown in emerging nations.
UK factories struggled in August as the strength of sterling and sluggish foreign demand continued to weigh on the manufacturing sector.
Oil prices continued on their roller coaster ride Tuesday, as weak Chinese manufacturing data sent prices lower. A 2% decline comes after prices soared higher to close Monday above $49 a barrel -- a nearly 30% rise in three days.