UK Rate Rise In 2015 To Test High-Debt Households
December 08 2014 3:31 AM EST
British people have more debt per head than in any other big rich economy, at around 140 percent of income.
UK Consumer Spending Rises As 'Black Friday' Crosses Atlantic
December 08 2014 12:03 AM EST
Visa's UK expenditure index showed household spending rose at its fastest annual rate since August.
ECB Loans Offer Clues In Guessing Game Over Quantitative Easing
December 07 2014 8:05 AM EST
The ECB forecasts the eurozone economy will grow just 1 percent in 2015, as opposed to the 1.6 percent it projected three months ago.
JPMorgan Shares Jump After CEO Declares 'No Evidence Of Cancer'
December 05 2014 12:16 PM EST
Shares of JPMorgan jumped more than 2 percent after CEO Jamie Dimon said his doctors found “no evidence of cancer” in his body.
UK Permanent Hiring Slows To 18-Month Low, Recruiters Say
December 05 2014 6:34 AM EST
The rapid pace of job creation has slowed, but there's a bright spot. Starting salaries rose faster due to staff shortages in many sectors.
ECB Weighs Further Action As Economic Picture Darkens
December 04 2014 6:37 AM EST
ECB President Mario Draghi will present updated forecasts from the bank's staff for growth in output as well as inflation.
Dow, S&P 500 Smash Record Highs
December 03 2014 5:35 PM EST
The Dow and S&P 500 hit all-time highs on Wednesday, driven by the Fed's better-than-expected Beige Book report.
EU, US Present Russia With United Sanctions, Energy Front
December 03 2014 5:05 AM EST
The U.S. has led the push for tougher sanctions but many European governments have been more cautious.
Osborne Set To Concede Missed Budget Goal As Election Nears
December 02 2014 11:59 PM EST
Osborne will stress he is determined to fix the public finances in the coming years in a half-yearly update on the budget.
The Good And The Bad Of Plunging Oil Prices
December 02 2014 9:17 AM EST
Lower crude oil prices are good for U.S. consumers and bad for oil services firms as well as some oil-producing nations.
A Recession Looms In Russia
December 02 2014 9:09 AM EST
Economists have projected Russia’s economy will shrink by 0.8 percent in 2015. That would cause a recession — the first for Russia since 2009.
UK To Allow Northern Ireland To Set Corporation Tax Rate: Report
December 02 2014 5:58 AM EST
Northern Ireland has lobbied London to allow it to cut its corporate tax rate to better compete for jobs with Dublin.
ECB's Nouy Says Banks Must Show They Can Make Profits
November 28 2014 6:14 AM EST
Daniele Nouy told Reuters on Friday that simply finding more capital to plug shortfalls uncovered by the stress test may not be enough.
UK Shoppers Brave Black Friday Sales Under Police Presence
November 28 2014 2:19 AM EST
In only its fifth year in the UK, retailers and shoppers alike appear to be embracing the newly-imported Black Friday sales trend.
WTO Seals Landmark Trade Deal
November 28 2014 1:59 AM EST
Negotiations over the Trade Facilitation Agreement had hit a dead end in July after disagreements emerged between India and the U.S.
EU Predicts Stable Gas Supply For Winter Despite Ukraine Crisis
November 27 2014 6:57 AM EST
Ukraine and Russia had signed a deal in late October to continue gas supplies through the winter as a temporary solution to a payments stand-off.
Tech Stocks Boost S&P 500 To Historic Highs
November 26 2014 7:24 PM EST
The gains in the tech sector overcame a floundering energy market.
Online Protest Delays EU Plan To Resolve US Trade Row
November 26 2014 7:33 AM EST
Investor protection is among the most contentious issues in the proposed EU-U.S. trade pact.
Jean-Claude Juncker Presents $380B Plan To Stimulate EU Growth
November 26 2014 5:58 AM EST
The plan, which will be discussed in further detail in December, is expected to generate 15 euros for every euro invested.
24 Dead After Coal Mine Fire In China
November 25 2014 9:16 PM EST
Twenty-four workers are dead and 52 are injured after a fire raged through a coal mine in China.