Slumping oil prices have put Russia’s economy on course for a sharp recession next year, its finance minister said on Friday.
According to Goldman Sachs strategists, the answer is simple: Bet on companies that don’t see so much turnover.
Facebook has laid a foundation for entering China, but it could morph its product to Chinese government standards.
Russian President Vladimir Putin ordered a cap on rising vodka prices, as he battles to preserve his popularity.
Shoppers across the UK descend on their High Street stores for the annual Boxing Day sales.
Saudis say OPEC will maintain its current oil production no matter what—until crude hits $40, Chris Faulkner says.
Growth of short holiday lets alarms Paris authorities
The Boxing Day sales are underway with retail analysts expecting it to come a close second to the so-called Black Friday sales last month.
The Nikkei closes the day virtually unchanged, as other major markets around the world remain closed for the Christmas holiday.
The Japanese spent more than they saved in the year ended March 2014, the first time that’s happened since the data set began in 1955.
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