IMF projections see U.S. slowdown, problems in commodity-centric emerging markets; BlackRock slashes some ETF fees; U.S. oil supply dips; VP candidates battle.
OPEC leader backs oil-production caps; India strikes inside Pakistan; Pepsi earnings up; Spain struggles to form government; big layoffs at Commerzbank.
As a result of plunging oil prices and challenging equity markets, many of the world’s biggest sovereign funds face redemptions as their governments try to plug budgetary holes.
Complacent markets give way to anxious ones; Clinton discloses a case of pneumonia; Industrial gas merger called off; HP to buy Samsung printer business.
Turkish President Erdogan to meet with Russian President Putin in Russia during first post-coup visit abroad; Gap raises concerns over same-store sales