UK growth slows, recession looms

Reuters and Bloomberg Britain's economy grew less than expected in July, raising the risk that it is already in recession, with sharp rises in energy prices hurting power demand and soaring material costs hitting the building sector.…

Yang Huiyan loses half his fortune

That "could leave it the most exposed to a market downturn," said Kristy Hung, senior analyst at Bloomberg Intelligence.Meanwhile, the automaker's contract sales fell nearly 40% to 185.1 billion yuan for the first six months of the year.…