Markets have tumbled amid fears about Chinese economic growth and falling oil prices. Photograph: Juan Carlos Hidalgo/EPA. Sean Farrell and Graeme Wearden.
LONDON The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC is unlikely to cut a deal with other producers to reduce ballooning output, the International Energy Agency said.
Retail spending surprisingly increased by 3.3 per cent last month, recovering after a weak Christmas period as Brits splashed out on big ticket items like furniture, a survey revealed today.
Asian share markets were scorched on Tuesday as stability concerns put a torch to European bank stocks and sent investors stampeding to only the safest of safe-haven assets.
Google Chief Executive Sundar Pichai received restricted stock worth about $199 million, according to a regulatory filing by Google parent company Alphabet Inc .