Chinese economic growth in 2015 was weakest in 25 years

China’s economy grew at its slowest rate in 25 years last year, according to official statistics released today. The Communist-led country saw its economy expand 6.9% overall in 2015 and

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EU orders 35 companies to pay $765M in taxes

Thirty-five large companies have been ordered to fork over $765 million in tax breaks that European Union regulators have ruled were illegally provided by Belgium. The European Commission, the EU’s

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China woes continue as benchmark plunges 5%

Chinese stocks started the week with heavy losses, diving more than 5% Monday as other global markets also fell. U.S. stock futures were marginally higher. The Shanghai composite index plunged

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China launches probe of Microsoft’s data practices, alleging “major problems”

The Chinese government expanded its probe of Microsoft’s business practices in the country, alleging “major problems” in the company’s electronic data. In a statement, China’s State Administration for Industry and

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Oilprice.com: Saudi-Iran dispute won’t boost oil

Oil prices jumped on the first trading day of 2016 as Middle East tension outweighed a selloff in financial markets around the world. Oil markets remain oversupplied and depressed, but

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China angst shows markets as fragile as fine china

On the first day of trading in 2016, China lived up to its reputation as a “shock to watch” in the new year, as a nearly 7% stock plunge in

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