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The International Energy Agency (IEA) has predicted US oil output next year will see the steepest fall since 1992 thanks to low oil prices. US oil production has increased to a record high in recent years...

Japan’s economy shrank in the second quarter of the year, marking a setback for the governments’s reform policy.Between April and June, economic growth contracted by 0.4% compared to the first...

China’s market regulator said it would continue to stabilise the stock market for “a number of years”.It said the role of the state-backed China Securities Finance Corp to stabilise the...

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There are many important things to consider when choosing a VoIP phone provider for your business. The simple list of tips provided below will help you decide which cloud VoIP provider offers the best...

UK car manufacturers achieved their best production since 2008 in the first six months of the year, according to industry figures.The Society of Motor Manufacturers and Traders (SMMT) said 793,642 vehicles...

Online giant Amazon’s shares have closed 9.8% higher after it posted an unexpected profit on Thursday.The online retailer reported a $92m profit for the three months to 30 June, surprising investors...

Eurozone leaders have agreed an €86bn (£61bn) bailout that should see Greece remain in the euro – but the crisis appears to be far from over.The plan, agreed after seventeen hours of talks, means...

The International Monetary Fund has warned the US Federal Reserve against raising interest rates this year.A rise risks adding to the growing economic and political threats to US growth, the IMF said in...

Banks in Greece and the country’s stock exchange will be shut all week in a sign of the deepening financial crisis.The drastic move comes after people rushed to withdraw their cash amid panic ahead...

The Government has started selling half of its remaining 30% stake in Royal Mail.Around 150 million shares – 15% of the privatised company – will be placed with institutional investors. It...