U.S. consumer confidence deteriorated sharply in October as the worst job market in a quarter century heightened concerns about the future, more than outweighing modest improvements in the housing sector. Despite the
U.S. home prices rose for the fourth straight month in August and shoppers spent more last week, providing evidence consumer demand could be stabilizing. The Standard & Poor's/Case-Shiller report on Tuesday showed
The Bank of England's policy of creating new money to buy assets and boost demand is masking the true appetite for British government debt and cannot go on indefinitely, the opposition Conservatives
Emerging market and Japanese shares fell sharply on Tuesday, but the retreat failed to boost the dollar which fell after the previous sessions' gains. European stocks bucked the overall trend, rising on
British retail sales volumes grew at their fastest pace in almost two years in October, a survey indicated on Tuesday, with retailers more upbeat about future prospects than at any time since
Oil rose above $79 a barrel on Tuesday, up after three straight days of decline as investors awaited new leads from equities markets and weekly crude inventory data from the United States.
The United States welcomes the rise in the yuan's exchange rate in recent years but wants the currency to climb further, visiting Commerce Secretary Gary Locke said on Tuesday. However, a Chinese
European shares edged higher in early trade on Tuesday, snapping a sharp three-day drop, with energy stocks taking the lead after oil heavyweight BP's third-quarter results beat forecasts. By 0937 GMT, the
BP's better-than-expected results on Tuesday lifted the oil giant and other energy stocks just enough to offset weakness in miners and banks, to leave Britain's top shares near flat in early trade.
The Electricity Authority of Cyprus received the green light from the Energy Regulator to increase the price on electricity bills by 1.5% from 1 January 2010, the first of a total of
