The U.S. economy sits atop of the World Economic Forum’s annual global competitiveness survey for the first time since the 2007-2009 financial crisis, benefiting from a new ranking methodology this year, the Swiss body said on Tuesday

Four groups planning to build European rival to Tesla’s ‘gigafactory’

Royal Dutch Shell Plc dropped plans to purchase a stake in KazMunayGas National Co. after a due diligence process that included discussions about the risk of corruption at the Kazakh state oil company, people with knowledge of the matter said

Central bank says decision will free up $109bn to counter economic slowdown

China's finance minister said the country will adopt a more proactive fiscal policy but will not resort to a deluge of strong stimulus policies

Bullish economic outlook sees key rate target range lifted to 2-2.25%

The global economy is looking shaky and the economics chief at the Bank for International Settlements says central banks may be powerless if it all goes awry

£30bn deal ends Murdoch era while 23m subscriber base gives US group European launch pad

Currencies and stockmarkets have tumbled, though growth rates are solid

Beijing slaps duties of up to 10 per cent on $60bn of American imports

Duties start at 10% and will increase to 25% next year if no deal is reached

The Shanghai Composite Index erased the last traces of its recovery from a boom that turned into a $5 trillion bust.

Current CEO to inherit chairman’s role from founder one year from now

Developing nation currencies fall as sell-off spreads beyond Turkey and Argentina

This year’s rout in emerging markets has taken even the most ardent bears by surprise.