Business

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Asian shares in for worst week in four years on panic over China

TOKYO Asian shares are on course to post their biggest weekly fall in more than four years as investors dumped risk assets on fears over China's economy and its turbulent financial markets.

Business Video

Wall Street’s worst start ever to a new year

Report
 Wall Street’s worst start ever to a new year (1:47)

Dow plunges nearly 400 points

Report
 Dow plunges nearly 400 points (1:35)

Wall Street tumbles on China worries

Rough Cut
 Wall Street tumbles on China worries (1:04)

Recent Business News

Shire, Baxalta to announce merger as soon as Monday: sources

Rare disease drugmaker Shire Pharmaceuticals Plc is preparing to announce its roughly $32.5 billion acquisition of U.S. peer Baxalta International Inc as early as Monday, according to people familiar with the matter.

Health, Deals 2:52pm EST

Fed watching China stocks rout, Republicans slam yuan slump

WASHINGTON The Federal Reserve was closely monitoring the sell-off in stocks that shook world markets on Thursday, while U.S. Republican presidential candidates took aim at Chinese policies they claimed are designed to gain a trade advantage.

5:37pm EST

Dow, S&P off to worst four-day Jan start ever as China fears grow

U.S. stocks sold off further on Thursday, giving the Dow and S&P 500 their worst four-day starts to a year ever, dragged down by another drop in Chinese equities and oil prices at 12-year lows. | Video

7:08pm EST

Yahoo looking to slash 10 percent or more of its workforce - Business Insider

Yahoo Inc is working on a plan to cut its workforce by at least 10 percent and it could start the process as early as this month, Business Insider reported, citing sources.

12:13pm EST

Volkswagen CEO to hold high-level talks in Washington on emissions scandal

WASHINGTON Volkswagen Chief Executive Matthias Mueller will meet with the top U.S. environmental regulator next week for the highest-level talks since the German automaker admitted to using software to evade emissions requirements for 580,000 U.S. vehicles.

Regulatory News, Breakingviews 5:32pm EST

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary

Energy -0.03%
Basic Materials -0.14%
Industrials -0.05%
Cyclical Goods & Services -0.09%
Non-Cyclical Goods & Services -0.09%
Financials -0.12%
Healthcare -0.06%
Technology -0.02%
Telecoms -0.06%
Utilities -0.15%

Data Dive

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When money doesn’t buy everything

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