Verizon was now pushing Yahoo for a $1 Billion off on its pending agreement. Verizon is now pushing a $1 billion off its pending $4. 8 billion agreement to buy Yahoo.

IMF cuts its estimate for U.S eonomic growth to 1.6 percent from 2.2 percent it had predicted in July.

According to Forbes, Republican Presidential nominee, Donald Trump falls off 35 Spots on Forbes as one of the wealthiest billionaire this year.

Guterres, 67 year old will be replacing Ban Ki-Moon, 72 year old of Korea who will step down at the end of 2016 after serving two terms. Guterres was the Prime Minister of Portugal from 1995-2002.

China said that they will use this opportunity to further deepen economic reforms and open up the sector to promote global growth.

Twitter has told potential acquirers it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on October 27, that is according to the people familiar with this matter.