London-based explorer Tullow Oil is planning to slash capital expenditure by two-thirds by 2017 after reporting its second consecutive annual loss.
LONDON British industrial output suffered its sharpest monthly drop in December since 2012 as warmer than usual weather curbed demand for electricity and gas and manufacturing continued its decline, denting hopes for improvement this year.
... • Stocks in Asia continue to slide on Wednesday • Fears over new financial crisis come back to haunt global markets • Why this market crash is like nothing we've seen before • FTSE closes at lowest since Aug 2012 • Japan's 10-year bond yields fall ...
Signs of a turnaround at Tesco propel supermarket towards the top of the FTSE 100, which snaps three-day losing streak. Markets. Other markets.
A ticker shows Japanese stocks taking another nosedive on Wednesday, falling below the 16,000 line to a roughly 15-month intraday low.