The Winners and Losers From China's Slowdown
Now that decades of double-digit growth in China is beginning to slow down to a 7.5% annual rate, how will the world economy be affected? The good and bad news.
Moody’s Still Negative on U.K. Banks, but Exports Increase
Moody’s retained its negative outlook on U.K. banks, and luxury goods maker Burberry said it would disappoint on full-year earnings on slowing global sales. But the pound rose on news that the U.K.’s trade deficit fell in July.