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Horse sense The British government sells its last shares in Lloyds bank But it still owns 71.3% of RBS, the other big bank rescued in

Know thy enemy The markets frustrate OPEC’s efforts to push up oil prices The cartel is fighting not just shale producers but the

*Govts advised to embrace local currency liabilities… Despite having a chunk of their dollar denominated debts written off in

Few media titans can claim a lasting legacy. They make their impact felt during stellar careers, and are honored and rewarded for it.

The U.S. economy is behaving mysteriously. Usually wage growth accelerates when the job market is tight: Employers have to pay more to

Comparing like with like Insurers get a new global accounting regime The rules will change how profits are reported, giving investors

Four automakers agreed to a $553 million settlement to address class-action economic loss claims covering owners of nearly 16 million

China has an insurance policy against a full-scale market meltdown: the daily currency fixing. With stocks and bonds in retreat amid

Two Japanese government-backed investors have formally informed Toshiba Corp (6502.T) of their intention to take part in bids for its

The dollar limped toward its worst week since August on Friday and world stocks headed for their first weekly fall in five, as storms