Britain's economy shrank at its sharpest quarterly rate since 1979 in the first three months of the year, official data confirmed on Friday, with household spending falling at its fastest rate since
OPEC ministers are expected to make no change to oil supply when they meet in Vienna next week as higher prices ease their concerns about overflowing fuel inventories and the deepest fall
Britain's FTSE 100 gained 0.5 percent on Friday as strength in miners, buoyed by rebounding metal prices and positive broker notes, outweighed some weakness in banks. By 0857 GMT the blue-chip index
The dollar fell to a 2009 low on Friday as fears intensified that the United States could lose its triple-A rating, while renewed caution about the world economy and banks prompted Asian
The Bank of Japan signalled on Friday that the worst of the global crisis may be over for the world's second-largest economy, which shrank at a record pace in the first three
British Airways slumped to a record loss, nearly doubled its debt pile and cancelled its dividend, adding the tough conditions made it impossible to give any guidance for the current period. Europe's
Oil fell more than a dollar to below $61 a barrel on Thursday, after hitting a six-month high in the previous session on expectations of a rebound in the world economy. U.S.
Euro zone economies showed signs on Thursday that the worst recession in six decades was easing, but prospects for a British recovery were clouded by a warning over government debt and political
By Aleksandras Budrys Russia, its appetite for cheap poultry meat growing, is spending billions of dollars developing its poultry farms to slash its dependence on imports and squeeze U.S. suppliers from their
A leftist urban guerrilla group said on Thursday it carried out a bomb attack in the Greek capital this week and another in March, saying it was protesting corruption and the killing
