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In a discovery that could have profound implications for future energy policy, scientists have demonstrated it is possible to manufacture solar cells that are far more efficient than existing silicon energy cells by using a new kind of material, a development that could help reduce fossil fuel consumption.

Samsung Electronics is urging consumers worldwide to stop using Galaxy Note 7 smartphones immediately and exchange them as soon as possible, as more reports of the phones catching fire emerged even after the company's global recall.

Italian financial institutions have agreed to set up a 5 billion euro ($5.7 billion) fund to shore up weaker banks, two of the fund's backers said on Monday, in a state-orchestrated plan to avoid a crisis in the euro zone's fourth-biggest banking sector.

Small businesses are being stung to the tune of £4billion a year by Britain's biggest banks thanks to effective fees for overseas payments that are far higher than quoted charges, according to research.

The cost from damage to infrastructure and economic losses in Yemen's civil war is more than $14 billion so far, according to a confidential report seen by Reuters that highlights the effort needed to rebuild the country, where more than half the population is suffering from malnutrition.

Embattled German auto giant Volkswagen believes it may have a second chance in the United States despite being at the centre of a massive emissions-cheating scandal, its chief executive said Tuesday.

How the Mail's share picks for 2015 performed and some punts for this year

Energy meter price cap will cut bills by £300m a year, market regulator says

The S&P 500 and Nasdaq edged lower in choppy trading Thursday after disappointing forecasts from retailers and as investors braced for Friday's monthly jobs report.

Russia's energy minister Alexander Novak told reporters on Monday that Russia considered oil output freeze to be an effective tool for stabilising global oil markets.

Russia's top bank Sberbank said on Monday it had lowered the interest rates it charges on consumer loans to below the level they were at before an economic crisis and that it saw higher demand for such loans.

For most of an agonizingly slow recovery from the Great Recession, millions of out-of-work Americans huddled on the sidelines of the job market. Yet Friday's jobs report added to evidence of a long-awaited shift:

I finally met one the other day. Or at least he said he was one – a banker who is leaving London partly because he is worried about the regulatory squeeze on his future pay.


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