The cryptocurrency, which began the year with $966, has been on a rallying spree, adding up to 75% recently.

Jim Yong Kim underscored the importance of investing in "human capital" as a threat from job automation mounts.

U.S. President Donald Trump’s proposal for steep tax cuts added to the appeal of U.S. equities.

In the U.S., Wall Street recorded its second biggest fall of the year, with European & Asian peers echoing the trend.

Britain's FTSE 100, Germany's DAX and France's CAC 40 all recorded a drop between 0.3-0.4 percent. 

New form of crowdfunding eliminates mediators between startup & backer.

The two countries stop short of pledging a production freeze despite calls from several O.P.E.C. members.

Cited China's slowdown, persistently low oil prices, and chronic weakness in advanced economies. 

A massive leak from a Panama-based law firm showed extensive offshore assets, shell accounts of the rich and famous. France, Australia, Austria and Sweden are among countries that opened probes. 

Iran says it would be willing to freeze levels only after rising to 4 million barrels per day.