The future path of quantitative easing should be guided by the amount of slack in the British economy, which is currently "very substantial", Bank of England policymaker David Miles said on Wednesday.
Greece is not discussing a bailout with other European Union countries, Greek Finance Minister George Papaconstantinou said on Tuesday, when financial markets gave his emergency deficit-cutting plan a thumbs down. Speaking following
The number of Britons claiming unemployment benefit fell in November for the first time in almost two years, according to official data on Wednesday that showed unexpected resilience in the labour market.
The U.S. Federal Reserve is expected to stick to its super loose monetary policy stance on Wednesday as high unemployment constrains policy-makers' enthusiasm about the economy's recent improvement. The Fed began a
The dollar eased from a 2-1/2 month high versus the euro on Wednesday, while global equities, gold and government bonds were steady as investors waited for more clues on when the Federal
Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.2 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures
General Electric Co expects to record flat profit across its big industrial units next year, as a sluggish global economy crimps sales for jet engines, electric turbines and other heavy equipment. The
Google Inc executives said the company experienced very strong growth in its display advertising business in the first three quarters of the year and it will continue to invest heavily in advertising
Cyprus and Russia have important prospects to widen their economic cooperation. This was the outcome of a meeting the Cyprus Chamber of Commerce and Industry (KEVE) and the Cyprus – Russian Business
Abu Dhabi's $10 billion financial aid to fellow United Arab Emirates member Dubai to meet debt obligations was in the form of bonds, on similar terms to a $10 billion bond issue
