ECONOMY

The recent cut will take the world's largest oilfield services company's lay-offs to 34,000 since 2014.

IMF's managing director to seek second mandate after receiving backing from influential finance ministers.

Asian stock markets mirror the positive close on the Wall Street and the European exchanges overnight.

British car production hit a 10-year high in 2015 despite the China slowdown.

The TUC data shows the biggest squeeze on wages since the 1850s is continuing.

But attacking buy-to-let investors with higher taxes will make things worse, it is warned.

Draghi extended the QE programme in December but did not increase the amount spent on assets.

CML reports highest mortgage lending in seven years but warns on property prices and availability.

PM also likely to discuss growing migrant crisis with the UK to oppose moves to scrap Dublin Regulation.

Zhu Min comments add to warnings from RBS and former BIS chief economist about potential financial crisis.

Pearson announced that it expects earnings per share to be 69p and 70p, slightly below expectations.

Only the Indian and Australian were up following another down day for US markets.

World Economic Forum is being held as global markets are roiled by low oil and a slowdown in China.

Record number of new cars manufactured in Britain in 2015 according to the SMMT.

An Asda spokesperson said 2015 was a tough year for all UK supermarkets.

Rics survey shows sharp increase in housing demand at the end of 2015.

From a mortgage broker to stamp duty, these are things house buyers should consider when saving up.

With WTI trading at $28 a barrel, commodity miners and traders weighed down stock markets.

Saudi Arabia, the world's biggest oil producer, is mooting an IPO of Saudi Aramco.

Left-wing Eurosceptics want the Labour leader to give his MPs a free vote on the historic ballot.

India and Britain have agreed on key initiatives to expand financial and infrastructure collaboration.

Nine out of 10 hotspots for property demand in the UK are in Greater London boroughs and commuter areas.

White seconded RBS's 'sell everything' statement, warning of plunging stocks and oil price of $16.

The list is based on potential salary, career opportunities and the current amount of job openings.

Office for National Statistics said unemployment hit lowest level in 10 years in fourth quarter.

The Revenant star hailed Microsoft co-founder Bill Gates for his support towards 'zero-emissions'.

Forgemasters blamed the government and its handling of the steel crisis for the job cuts.

Bill Gates, Carlos Slim, Warren Buffett, Amancio Ortega and Larry Ellison are among the top five.

Stock markets across rest of Asia were also down as IMF slashed its 2016 global growth forecast overnight.