Anyone trying to design an event to bring Xi Jinping's China back to Earth couldn't have engineered something much more elegant than the turmoil in China's financial markets and the resulting global aftershocks.
DUBAI/LONDON A second oil price rout of 2015 has forced Arab OPEC members to cut their price expectations for this year, showing they are prepared to tolerate cheaper crude for longer to defend market share and curb rivals' output.
Stanley Fisher, Vice Chairman of the US Federal Reserve says the Federal Reserve still has two weeks to decide on rate hike and would wait for the incoming economic data before taking a call.
Twitter committed itself Friday to boost the share of female employees from 34% to 35% by next year. In a global workforce of 4,100, that's 41 more women.
RIO DE JANEIRO - The bottom seems to have fallen out of Brazil's economy, with the government reporting Friday that the gross domestic product plunged 1.9 percent in the second quarter alone, once again throwing the nation into a technical recession.