Goldman Sachs, RBS and Morgan Stanley too are ultra-bearish about oil prices.
Energy companies under fire as one elderly person dies every seven minutes from the cold.
West Texas Intermediate and Brent Crude, the two main oil benchmarks, are trading below $32.
Brazil's economic woes are killing the party spirit.
Leaving London will get you a lot more for your money if you own a home in the city.
Latest ONS figures show industrial and manufacturing outputs fall short of expectations in November.
HomeLet rental index shows rents still highest in London at £1,596 a month on average.
Starbucks's China sales jumped more than 6% in the fourth quarter of 2015.
Kantar research shows German chains saw consumer spending increase by more than 10%.
The first new branch of UK's budget hotel chain will be opened at Weston-super-Mare in the spring.
Morrisons has already shut down 11 superstores and sold its convenience store division.
While India, Australia and Japan were trading in the red, Hong Kong and South Korea were in the green.
Volkswagen-owned luxury carmaker Bentley also saw its China sales slump.
Online sales surge but sales of non-food items rise at slowest pace in almost three years.
Property expert tells IBTimes UK robust London house sales suggest no major meltdown.
Executives surveyed were almost unanimous in their discontent towards European leaders.
Radical idea comes from thinktank ahead of Monetary Policy meeting on 14 January.
Shares of gun manufacturers Smith & Wesson and Sturm Ruger & Company increased recently by double digits.
China's Shanghai Composite Index, which lost all of its 2015 gains last week, was at 3,098.04, down 2.77%.
While the big four have lost in Christmas sales, discounters Aldi and Lidl gained over the festive period.
The dock was purchased from The Albert Dock Company, a subsidiary of Arrowcroft.
Past speakers include Nelson Mandela and Gordon Brown and it's known for its impact on businesses.
Over 2,500 participants expected to attend World Economic Forum in Switzerland later this month
The move is in line with its efforts to increase its footprint in London's bullion market.
Douglas & Gordon warns Osborne's stamp duty reforms on high value property is strangling the market.
Complete privatisation would make Saudi Aramco by far most valuable company in the world.
Slowdown in salary growth could put BoE under pressure ahead of January meeting.
Iran is gearing up to increase production following lifting of sanctions.
The goods trade deficit with EU countries widened from £7.7bn in October to £8.2bn in November.
Chinese markets were in the green following suspension of its circuit breaker by CSRC.