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German chancellor Angela Merkel and  the new UK prime minister Theresa May. Photograph: Oli Scarff/Thierry Charlier/AFP/Getty Images

Even before Angela Merkel and Theresa May spoke on Wednesday evening, during the new British prime minister’s first phone call from Downing Street, th(...)

Apple crumble: company  shares fell 2.4 per cent to a two-year low on concerns about iPhone demand. Photograph:  Don Emmert/AFP/Getty Images

Apple lost its status as the world’s most valuable public company to Google’s parent, Alphabet, in US trading as markets closer to home, in Europe, f(...)

 Traders on the floor of the New York Stock Exchange: the dollar index fell for a fourth day on the latest batch of soft US data, which dampened expectations for US interest rate hikes this year. Photograph: Spencer Platt/Getty Images

Another volatile trading session saw European stocks end the day lower, although the London market rallied and made gains of more than 1 per cent. Fl(...)

Engine trouble: Weaker than expected earnings reports in Europe included another profit warning from Rolls-Royce, which sent its shares skidding. Photograph: Romeo Gacad/AFP/Getty

MARK PAUL The Iseq beat its peers on yesterday with a marginal gain, as the top European stock index posted its biggest fall in six weeks due to wea(...)

Penney shares were up 7 per cent to $9.32 in afternoon trading.

JC Penney Co said November sales were encouraging and popular house brands were lifting gross profit margin, suggesting the struggling department stor(...)

Wal-Mart  expects net sales to be up between 2-3 per cent for the fiscal year, down from an earlier forecast of a rise of 5 per cent to 6 per cent. The retailer also cut its profit forecast by 10 cents a share.

Wal-Mart Stores has posted disappointing quarterly sales after shoppers worldwide proved cautious, prompting the discount retailer to lower its yearly(...)

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