Stocks fell again Tuesday after disappointing economic reports abroad refueled concerns about a slowdown in China. The Dow Jones industrial average was down about 350 points, or 2 percent, by mid-morning, sending it back into correction territory.
One of China's most powerful businesswomen has 'disappeared' the day after a Chinese journalist, appeared on state television confessing to causing stock market turmoil.
The biggest three-day surge in the price of oil since Iraqi tanks rolled over the Kuwaiti border in 1990 has ground to a halt as experts predict the cost of a barrel of Brent crude to continue to remain volatile for the rest of the year.
Eurozone unemployment has fallen to its lowest level in three years, hitting 10.9 per cent in July amid encouraging data from countries such as Italy that have been hardest hit by the region's economic crisis.
Hatton Garden Safe Deposit, which had up to �200m of jewellery stolen in April, has gone into liquidation. Stella Davis at law firm SPW confirmed the company is insolvent as it "owes money to companies and people".