The Chinese authorities have taken unprecedented steps to silence criticism and calm markets in the wake of the “Black Monday” global markets crash, it emerged on Monday.
LONDON, Aug 31 (Reuters) - European shares suffered their worst monthly performance in four years on Monday, as concerns over a Chinese economic slowdown and a possible U.S.
DEVELOPING STORY. Nymex Crude Surges $3.98, or 8.8%, to $49.20/Barrel. Nymex Crude Settlement Highest Since July 21. Nymex Crude Posts Three-Day Percentage Gain of 27.46%, largest since 1990.
The discovery of a huge natural gas field off the Egyptian coast is a major boon for the country that will help alleviate energy shortages and boost the economy, experts said Monday.
Toshiba Corp. uncovered 10 new cases of accounting problems, including at a US unit, prompting it to miss a regulator's deadline for submission of its fiscal 2014 earnings release.