Concerns over China dominated financial markets on Monday, with the biggest fall in Shanghai shares in eight years driving stock markets and prices of major commodities lower across the board.
United Kingdom
Tesco sells 6 billion pounds worth of assets to build turnaround fund
Tesco anticipates better credit reviews as it plans to sell two of its businesses worth around 6 billion pounds. Getting past an accounting scandal and market rivalry with other discount stores are its top priority at the moment.
Falling world oil prices result in job cuts
Collapsing oil prices are prompting energy firms to lay off workers. Royal Dutch Shell and Centrica -- two of Britain's leading energy firms -- are cutting more than 12,000 jobs this year.
London's Deliveroo sealed $70M funds to develop its food delivery service in Europe, Middle East and Asia
Deliveroo, the startup food delivery company in London has gained investment from Index Ventures and Greenoaks Capital for its third round in the past 12 months. The food delivery service has just sealed $70M, equivalent to £45M funds, to support its plan to enter international services.
All eyes on talks over bailout plan for Greece
The delayed talks over a third 85 billion euro bailout plan is set to take place on Tuesday. Syriza government led by Prime Minister Alexis Tsipras will hold negotiations with European troika, the tripartite committee led by the European Commission (Eurogroup), European Central Bank (ECB) and International Monetary Fund (IMF).
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Western and Middle East insurance specialists see Iran as an appealing $8 billion (£5 billion) market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be lifted means they are treating the country with caution.
An 80-year old pensioner from Manchester, England has been fitted with a functioning bionic eye, restoring his central vision after a decade of partial sightedness.
Gold fell more than 1 percent to a five-year low on Wednesday as a bounce in the dollar fueled downside momentum, with investors continuing to pull away from the metal after its dramatic slide earlier this week.
Oil dropped on Monday as signs of a growing glut in refined products outweighed a fall in Saudi crude exports and slower U.S. rig activity.
As Apple Pay is rolled out successfully in U.K., it is welcomed as a boon by several people in the country for making petite payments such as for tube travel, pound stores, confectionaries, and coffee shops
UK's leading energy supplier, British Gas unveiled its all-new and next-generation thermostat for its associated home brand Hive along with a host of other smart home devices.
Oil dropped on Tuesday after Iran and six global powers reached a landmark nuclear deal that would see an easing of sanctions against Tehran and a gradual increase in its oil exports.
Citibank is testing on a new digital currency Citicoin at this point, handling a run-through platform and evaluating key measures. In line with this, the premier bank is also suggesting the U.K. government to provide its own digital cash.
Shares fell, the euro stumbled and yields on weaker euro zone economies' bonds rose after Greece overwhelmingly voted against conditions for a rescue package, but there was no rout and contagion was limited.
