Karen O'Callaghan

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China stocks have plunged 6% in two days

China stocks suffered another round of heavy losses on Tuesday, renewing concerns over government efforts to support markets.<p>The Shanghai Composite shed 3.5% on Tuesday, bringing losses for the week to 6%. Declines have been even steeper on the smaller Shenzhen Composite, which has lost more than …

Stocks: 4 things to know before the open

It was another bad day on China's markets but the mood looks better elsewhere.<p>U.S. stock futures are steady and most European indexes are moving up.<p>Here are the four things you need to know before the opening bell rings in New York:<p><b>1. Fragile China:</b> Chinese stocks suffered another round of heavy …

Stock Markets

Google has been breaking the law in Russia

Google is in trouble in Russia.<p>The company has been found guilty of forcing Russian vendors to preload Android smartphone devices with Google apps and banning them from installing services offered by rival search engines.<p>Russia's antitrust office said Google (GOOGL) could be punished with a fine of …

Delhi's co-working culture offers a bright future for startups

Photograph: Def Col Social<p>The warehouse-chic work areas of Def Col Social.<p>276<p>http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2015/8/18/1439885988810/54a8e1a0-d531-4427-87f6-0709b8430678-460x276.jpeg<p>460<p>Photograph: Def Col Social<p>The warehouse-chic work areas of Def Col …

U.S. trade chief says needs more from China on investment treaty

WASHINGTON (Reuters) - U.S. Trade Representative Michael Froman said on Tuesday that China needs to narrow its list of proposed exceptions to a proposed bilateral investment treaty, a key part of the U.S.-China economic relationship.<p>U.S. Trade Representative Michael Froman speaks to reporters after …

Tsipras to back Greek bailout with Tsakalotos as finance minister

ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras appointed two respected bailout negotiators to head his economic team on Tuesday, moving to assure wary European partners that the new government will not backtrack on its cash-for-reform deal.<p>Tsipras reappointed Euclid Tsakalotos as finance …

IMF says new loan for Moldova won't materialize during visit

CHISINAU, Moldova (AP) — The International Monetary Fund says it will not negotiate a new loan program with Moldova during its visit to the country, dashing the government's hopes of an immediate agreement to help cover pensions and salaries.<p>An IMF mission began the two-week visit Tuesday, a day …

International Monetary Fund

Hillary Clinton releases health plan that aims to combat skyrocketing drug costs

Democratic presidential hopeful Hillary Clinton heads to a campaign event in Iowa Tuesday where she will release her health care plan that aims to …

Brazil's currency just dropped to a level it's never seen before

Brazil's economy is getting absolutely hammered.<p>Last week Business Insider's Myles Udland charted the awful data coming out of Brazil. Business and consumer confidence and retail sales are slumping, while inflation and unemployment are picking up.<p>And the country's currency, the Brazilian real, is …

Economics

VW CEO: 'I am endlessly sorry' brand is tarnished

DETROIT (AP) — Volkswagen AG's smog-test scandal escalated Tuesday as the company acknowledged putting stealth software in millions of vehicles …