The European Central Bank cut its main interest rate to a new record low on Thursday, and will buy up bonds for the first time in a bid to stem the euro
European Central Bank President Jean-Claude Trichet said the euro-zone economy was showing tentative signs of stabilising at a very low level, after the ECB cut interest rates to a new record low
The European Central Bank (ECB) and Bank of England took renewed action to boost growth on Thursday, even as German manufacturing data gave a further sign the downturn is bottoming out. The
Oil rose above $58 a barrel on Thursday, hitting a fresh 2009 high, as signs of economic improvement in the United States boosted expectations of future increases in demand for oil products.
The European Central Bank cut its main interest rate on Thursday to 1.0 percent, and financial markets are now focused on any alternative policy measures the ECB reveals to get the euro
The number of registered unemployed rose year on year by more than 5,000 in April, having risen by more than 4,000 in March. On the last day of April, the number of
World stocks rose more than one percent on Thursday to their highest levels this year as investors bet on a stabilisation of the ailing world banking system, battered emerging markets and the
The annual consumer price inflation rate fell below 1% in April, less than a year after it had consistently recorded rates in excess of 5%. Consumer prices in April rose by 0.7%
Greek bottler Coca-Cola Hellenic posted a larger-than-expected 93 percent drop in first-quarter profit on Thursday but its CEO said cost savings and lower input prices should help support profits through the rest
“Never again”, is what Costas and Petros Souppouris wish for, as they prepare to bury five members of their family. The two brothers are survivors of a massacre during the 1974 Turkish
