The first estimate from Eurostat marks a slight slowdown from the 0.4% registered in the first quarter. The statistics agency also announced that inflation in the eurozone was 0.2% in July, unc....
But Thursday's rate of 1% down against the dollar was a smaller margin than the shock cuts earlier in the week. The bank had on Tuesday announced it would start setting the daily rate based....
The jobless total had also risen in the three months to May, and it is the first time in two years that there have been two consecutive rises. The Office for National Statistics (ONS) figures a....
The move sent fresh shockwaves through Asian markets, but the bank has sought to calm fears, saying it was not the start of a sustained depreciation. The yuan fell another 1% on Wednesday, mark....
The Commission said a technical agreement had been reached with Greece, which now requires political approval. Earlier, Greece's finance minister Euclid Tsakalotos had said "two or thr....
The lender said the move was a "one-off depreciation" of 1.9% in a move to make the exchange rate more market-oriented. It comes in the wake of a string of weak economic data from the....
The rate edged up to 1.6% from 1.4% the month before because of rising food prices, the government said. Producer prices, which include wholesale and factory price inflation, fell for the 40th ....
The Bureau of Labor Statistics said job gains came in retail trade, health care, professional and technical services, and financial activities. The jobs figures are a seen as a significant gaug....
On Thursday, the Bank's Monetary Policy Committee voted to keep interest rates at their current historic low of 0.5%. Deputy governor Ben Broadbent said the Committee had no specific time i....
The agency tasked with buying stocks to prop up the market is looking for another $322bn (£207bn) in funds, according to Bloomberg. Local reports also said that close to 300 Chinese funds....
MPC members voted 8-1 to keep rates on hold, with only Ian McCafferty voting to raise rates. The decision marks the 78th consecutive month of record-low interest rates. In its report, it said t....
The ONS blamed part of the fall on maintenance in a major oil field. Compared with a year ago, total production output is estimated to have increased by 1.5%. Output from the manufacturing s....
Policymakers voted 8-1 to hold rates and the Bank said the outlook for inflation was "muted". The pound fell more than a cent against the dollar to $1.5493, and was down one euro cent....
From this Thursday, the monthly rate decision and the minutes of the Bank's Monetary Policy Committee (MPC) meeting will be released together, without the normal fortnightly gap. Many see t....
The banking sector share index fell 25%, after falling by about 30% on both Monday and Tuesday. Individual shares are not allowed to drop by more than 30% in one day on the Athens market. Ov....
The think tank cut its 2015 forecast to 3.0% from the 3.2% it predicted in May. It has cut growth forecasts for the US and many emerging market economies, although its forecast for the eurozone....
The bourse was shut just before the Greek government imposed capital controls at the height of the debt crisis. Traders said they expect sharp losses as a result of pent-up trading and fears ab....
The Treasury could begin the process of selling part of the government's stake in Royal Bank of Scotland from Monday, according to BBC sources. UK Financial Investments, through which the T....
The bank, which is owned by the Swiss federal government, said the loss could affect its ability to pay a dividend this year. Those dividends are traditionally used to pay for public services. ....
The figure - the first estimate of growth in the second quarter - followed an upwardly revised growth rate of 0.6% in the first three months of the year. The Commerce Department said growth was....
The benchmark Shanghai Composite closed 3.4% higher at 3,789.17 - ending a three-day slide that included an 8% plunge on Monday. Authorities tried to calm markets with a probe into illegal shar....
The Shanghai Composite fell a further 1.7% to 3,663.00, having sunk 8.5% on Monday - its biggest drop in eight years. China has tried to calm investors by reassuring it will implement prudent m....
The UK's economy grew by an estimated 0.7% in the April to June period, the Office for National Statistics (ONS) said. That compared with growth of 0.4% in the first quarter of the year. ....