Oil prices surged by more than 10 percent, biggest intraday gain since 2009
Oil surged by over 10 percent on Thursday - the biggest intraday gain since March 2009.
The commodity was lifted by news that the U.S. economy...
US orders for durable goods rose 2% in July
Orders for long-lasting manufactured goods from US factories rose 2 percent in July after a 4.1 percent gain in June.
According to data from the...
Walmart to stop selling assault rifles in the US
Walmart announced that it will stop selling assault rifles at its stores in the US.
The retailer said that the decision was driven by changing...
Sony unveils camera drone prototype
Aerosense has just unveiled footage of a camera drone shaped like an airplane capable of flying for over two hours at a maximum speed...
London is the most congested city in Europe
London is Europe’s most congested city, according to the latest INRIX Traffic Scorecard Report. Drivers in the nation's capital wasted an average of 96 hours stuck...
Chinese stocks continue to plunge after ‘Black Monday’
Chinese stocks continued to drop on Tuesday after its steepest drop in almost eight years the day before.
The Shanghai Composite dropped 6% on Tuesday,...
Osborne plans to sell stake in Lloyds “within the year”
Despite panic amid the huge plunge in global stock markets on Monday, UK Chancellor of the Exchequer George Osborne still plans on selling off...
Global markets plunge amid China fears
Stock markets across the world plunged on Monday amid fears of a China-led economic slowdown.
It was a very volatile day of trading, with the...
Apple recalls iPhone 6 Plus units with defective cameras
Apple announced that it is recalling a small batch of iPhone 6 Plus smartphones that have a defective component causing the devices to take...
Why have oil prices dropped so much? Crude below $40 a barrel
On Friday US crude prices dropped below $40 a barrel. This is the first time that crude has fallen below that level since the financial...