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China infuses GBP 14B emergency funds into banking system to bridge gap of cash supply position

Chinese government in its latest move has infused GBP14 billion emergency funds into the domestic financial system to address the liquidity crunch. The slowdown in economy growth and continuous fall in stock markets have weakened the financial system in the world's second largest economy.

Aug 27, 2015 2:22 AM EDT


Panic selling causes log in issues in investing websites

Due to the stock market mayhem Monday, trading websites encountered issues of latency, resulting to its customers not being able to log in to their accounts.

Aug 26, 2015 10:29 PM EDT


Lloyds and Royal Bank of Scotland takes beating during plunge in stock market; Government seeks privatization

Lloyds and the Royal Bank of Scotland lost almost £3 billion from their value amid the onslaught of the stock market tumult continues to wreak havoc on some of Britain’s banks.

Aug 26, 2015 10:14 PM EDT


Asian growth plans at risk due to China meltdown

The latest devaluation of Chinese currency Yuan has triggered severe volatility in the foreign exchange (forex) markets. This has led many Asian nations into a dilema and forcing them to not take any major decision on growth plans.

Aug 26, 2015 10:05 AM EDT


Apple stock rebounds after Tim Cook's e-mail on China sales

Apple CEO Tim Cook issued a rare statement Monday allaying concerns over its business in China amid a slowdown in the world's second biggest economy. Investors responded positively, sending Apple's shares up sharply after a 13% decline.

Aug 26, 2015 5:05 AM EDT


Uber to invest $1B in India after investing another billion in China

Uber is allocating $1 billion for India to expand its operations in that country and get 1 million rides every day within the next six to nine months.

Aug 26, 2015 3:46 AM EDT


Ex-US Treasury Secretary urges Federal Reserve to not make the 'Serious Error' of Raising Interest Rates

Ex-U.S. Treasury Secretary Larry Summers warns that the fierce sell-off on the global markets might lead to a very serious situation, and that the Federal Reserve’s plan to raise interest rates is a big mistake.

Aug 26, 2015 3:44 AM EDT


Wall Street Experienced a Staggering 1,200 Unprecedented Emergency Freezes

The dramatic selling on Wall Street Monday triggered 1,200 unprecedented emergency halts on the stocks and exchange-traded funds.

Aug 26, 2015 3:39 AM EDT


A Survivor's Guide to the Market Crash: Don't panic

Analysts advise investors not to worry about ongoing market crash as it's only a correction after recording continuous growth of over 200 percent since economic crisis in 2009. The stock markets fell about 10 percent in the latest market downfall.

Aug 26, 2015 1:40 AM EDT


Chipotle to go on hiring spree; 4,000 people new jobs up for grabs on September 9

Chipotle invites talented individuals to become part of their company's success on their National Career Day on September 9 where they will hire 4,000 employees onsite.

Aug 25, 2015 11:27 PM EDT


Foreign trade, medium-sized entrepreneurs, and powerhouses are the key to a healthier UK economy

Since the European Union's economy is getting stronger, reports states that there are three key area that the U.K. government must consider; foreign trade, the mid-sized businesses and the powerhouses.

Aug 25, 2015 10:49 PM EDT


BT Group frustrated over unfair competition from US competitors

BT Group Plc is not happy with the way things are going regarding the competition because they could not get access to the giant telecom companies of Verizon and AT&T's network for a regular price rate causing them to charge customers more to offset the large fees they have to pay in return for carrying data over these wires.

Aug 25, 2015 10:43 PM EDT


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