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.
Recent stockmarket declines signal a worrisome lack of confidence in China's economy that may spark additional government stimulus efforts, according to a former adviser to the Chinese central bank.
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.
BEIJING - In recent days, an advice column has circulated widely on China's most popular social media phone app. Titled “Guide on Safe Passage Through the Economic Crisis,” it is aimed at young Chinese urban professionals.
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.