US stocks followed Asian and European markets in the red soon after the open as oil prices extended losses.
White seconded RBS's 'sell everything' statement, warning of plunging stocks and oil price of $16.
UK and European stocks follow Asian markets into the red as oil prices fall further amid oversupply worries.
Forgemasters blamed the government and its handling of the steel crisis for the job cuts.
Stock markets across rest of Asia were also down as IMF slashed its 2016 global growth forecast overnight.
Experts expect China's ruling People's Party to keep the economic slowdown under tight control.
Oil prices relinquish gains as Tehran aims to ramp-up oil production by 500,000 barrels per day.
US stocks recover as confidence returns despite poor GDP figures from China.
The gains in Europe came after Asian equity markets posted strong gains.
Barring Japan, Asian stock markets in the green despite oil price worries after Iran sanctions were lifted.
European stocks in the black but Asian stocks hit 12-year low as oil falls below $29 a barrel.
Oil prices extended losses after sanctions on Iran were lifted, sparking fresh concern on crude oversupply.
Shares across Asia decline to their lowest levels since late 2011.
UK stocks ended the week firmly in the red after China sparked a global selloff and oil prices fell below $30.
Wall Street firmly in the red after poor economic data as oil prices plunge below $30 a barrel.
Chinese selloff triggers worldwide decline as oil prices slump below $30 a barrel.
UK stocks slide as travel stocks decline after Jakarta attacks.
Wall Street stocks flat after hitting three-month low in previous session.
Equity markets fall worldwide as Brent crude falls below $30 a barrel.
Apart from China, stock markets across Hong Kong, Australia, India, Japan and South Korea were trading lower.
UK and European stocks relinquish gains as rebound in oil prices loses momentum.
On the FTSE 100 in the UK, commodity traders and miners were leading the surge.
The success of Star Wars: The Force Awakens, Marvel and Pixar means the future looks bright for Disney.
European stocks were in the black after a positive session in Asia and a recovery in oil prices.
Albert Edwards, strategist at Societe Generale says 'world could witness 2008-09-like financial crisis again'.
Standard Chartered warns that oil prices could slide to $10 a barrel.
Goldman Sachs, RBS and Morgan Stanley too are ultra-bearish about oil prices.
UK stocks boosted by better-than-expected figures from a number of big retailers.
Bank forecast oil prices to fall to $16 a barrel and China crisis to worsen.
Wall Street eyes second day of gains in a row as oil prices take a breather from decline.