Volkswagen continued to weigh on Germany’s DAX index. Caught in a scandal over rigging emissions tests, the car maker fell as much as 6.5 per cent to touch a five-year low.

European shares rose sharply on Monday, with the French market outperforming after stronger-than-expected economic data, while Glencore and ArcelorMit(...)

Traders work on the floor of the New York Stock Exchange. REUTERS/Brendan McDermid

An initially positive start to the quarter for stocks in Europe and the United States fizzled out as a mostly disappointing batch of economic reports (...)

Glencore chief executive officer Ivan Glasenberg is working on a debt-reduction plan that includes selling assets, halting the dividend and a $2.5 billion share sale completed earlier this month.   Photograph: Andrey Rudakov/Bloomberg

Glencore, the commodities group that’s lost almost $50 billion in market value this year, rallied in London as analysts said the rout probably didn’t (...)

A screen shows the risk premium figures of various European countries at the Spanish stock market in Madrid. European stocks fell as a rally failed to hold. Photograph: Paco Campos

The optimism that sent European stocks rallying on Friday was short-lived. The Stoxx Europe 600 Index lost 0.5 per cent in early trading in London. Gr(...)

Federal Reserve chair Janet Yellen: her remarks that global weakness would not be significant enough to stop a rates rise this year removed some of the  markets   uncertainty. Photograph: Brendan Smialowsk/AFP/Getty Images

Markets surged higher on Friday after US Federal Reserve chair Janet Yellen said she expected the Fed to start raising rates by the end of the year.(...)

Janet Yellen, chair of the US Federal Reserve.  She reassured investors that US economic growth is sturdy enough to withstand turmoil in emerging markets.  Photograph: Scott Eisen/Bloomberg

US stocks advanced on Friday as Federal Reserve chair Janet Yellen reassured investors that US economic growth is sturdy enough to withstand turmoil (...)

A cyclist passes the Federal Reserve headquarters in Washington. The central bankers are due to reconvene Thursday morning. Photograph: Reuters

Top officials at the US Federal Reserve have begun a two-day policy meeting that is narrowly expected to end without an interest rate hike. Policymake(...)

Fredrik Voss, third from left, and the Nasdaq team developing software to allow the trading of stocks in private companies on a blockchain, the kind of public ledger used in the Bitcoin market, in New York. Financial firms are looking at the network and software that make it possible for Bitcoin to move around the world instantly and inexpensively. Photograph: Sasha Maslov/The New York Times

Most people still think of Bitcoin as the virtual currency used by drug dealers and shadowy hackers looking to evade the authorities. But the innovati(...)

Citigroup is sounding the alarm bells for the world economy.

Citigroup is sounding the alarm bells for the world economy. In an analysis the New York- based bank’s chief economist, Willem Buiter, said there is a(...)

 The New York Stock Exchange:  last Tuesday, 499 S&P 500 stocks declined, the second-highest reading since 1996. Photograph: Don Emmert/AFP/Getty Images

The ongoing angst over the global economy has led to a marked souring in market sentiment in recent weeks. Contrarians like to buy when sentiment hits(...)