Forgemasters blamed the government and its handling of the steel crisis for the job cuts.
Bauke Schram Jan 20, 2016
Stock markets across rest of Asia were also down as IMF slashed its 2016 global growth forecast overnight.
Kedar Grandhi Jan 20, 2016
Experts expect China's ruling People's Party to keep the economic slowdown under tight control.
Bauke Schram Jan 19, 2016
Oil prices relinquish gains as Tehran aims to ramp-up oil production by 500,000 barrels per day.
Dan Cancian Jan 19, 2016
US stocks recover as confidence returns despite poor GDP figures from China.
Dan Cancian Jan 19, 2016
The gains in Europe came after Asian equity markets posted strong gains.
Dan Cancian Jan 19, 2016
Barring Japan, Asian stock markets in the green despite oil price worries after Iran sanctions were lifted.
Kedar Grandhi Jan 19, 2016
European stocks in the black but Asian stocks hit 12-year low as oil falls below $29 a barrel.
Dan Cancian Jan 18, 2016
Oil prices extended losses after sanctions on Iran were lifted, sparking fresh concern on crude oversupply.
Dan Cancian Jan 18, 2016
Shares across Asia decline to their lowest levels since late 2011.
Kedar Grandhi Jan 18, 2016
UK stocks ended the week firmly in the red after China sparked a global selloff and oil prices fell below $30.
Dan Cancian Jan 15, 2016
Wall Street firmly in the red after poor economic data as oil prices plunge below $30 a barrel.
Dan Cancian Jan 15, 2016
Chinese selloff triggers worldwide decline as oil prices slump below $30 a barrel.
Dan Cancian Jan 15, 2016
UK stocks slide as travel stocks decline after Jakarta attacks.
Dan Cancian Jan 14, 2016
Wall Street stocks flat after hitting three-month low in previous session.
Dan Cancian Jan 14, 2016
Equity markets fall worldwide as Brent crude falls below $30 a barrel.
Dan Cancian Jan 14, 2016
Apart from China, stock markets across Hong Kong, Australia, India, Japan and South Korea were trading lower.
Kedar Grandhi Jan 14, 2016
UK and European stocks relinquish gains as rebound in oil prices loses momentum.
Dan Cancian Jan 13, 2016
On the FTSE 100 in the UK, commodity traders and miners were leading the surge.
Bauke Schram Jan 13, 2016
The success of Star Wars: The Force Awakens, Marvel and Pixar means the future looks bright for Disney.
Edmund Shing Jan 13, 2016
European stocks were in the black after a positive session in Asia and a recovery in oil prices.
Dan Cancian Jan 13, 2016
Albert Edwards, strategist at Societe Generale says 'world could witness 2008-09-like financial crisis again'.
Kedar Grandhi Jan 13, 2016
Standard Chartered warns that oil prices could slide to $10 a barrel.
Kedar Grandhi Jan 13, 2016
Goldman Sachs, RBS and Morgan Stanley too are ultra-bearish about oil prices.
Kedar Grandhi Jan 13, 2016
UK stocks boosted by better-than-expected figures from a number of big retailers.
Dan Cancian Jan 12, 2016
Bank forecast oil prices to fall to $16 a barrel and China crisis to worsen.
Dan Cancian Jan 12, 2016
Wall Street eyes second day of gains in a row as oil prices take a breather from decline.
Dan Cancian Jan 12, 2016
UK and European stocks gain ground thanks to strong supermarket performances.
Dan Cancian Jan 12, 2016
The success of Star Wars, Marvel and Pixar means Disney are set to rule the box office for years to come.
Edmund Shing Jan 12, 2016
While India, Australia and Japan were trading in the red, Hong Kong and South Korea were in the green.
Kedar Grandhi Jan 12, 2016