The Bank of England would be forced to cut interest rates if China suffered a "hard landing", economists have warned. Oxford Economics said the disinflationary forces generated by a big downturn in the world's second largest economy would keep ...
Billionaire investor Warren Buffett's company has amassed a stake worth nearly $4.5 billion in Phillips 66 more than a year after trading a chunk of its holding in the oil refiner for a chemical business investment.
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.
Skip Schweiss, third left front row, Managing Director, Advisor Advocacy and Industry Affairs of TD Ameritrade, joins the applause during opening bell ceremonies of the New York Stock Exchange, Friday, Aug. 28, 2015.
Phoenix, Arizona - Freeport-McMoRan Inc (NYSE:FCX) shares have fallen with the drop of copper and oil prices. For this, the company cut capital expenditure to reduce the revenue impact.