British retailers gave their gloomiest forecast on record on Tuesday when the Confederation of British Industry published its monthly survey, even though January sales were somewhat better than expected. The CBI's retail
European shares fell by midday on Tuesday as investors took profits following Monday's gain of more than 3 percent, with energy stocks the biggest losers on the index. By 1136 GMT, the
Business Secretary Peter Mandelson will announce on Tuesday a package of measures to help Britain's struggling car industry, Prime Minister Gordon Brown's spokesman said. The announcement, to be made to parliament after
German business sentiment posted a surprise rise in January, a survey from Europe's biggest economy showed on Tuesday, offering a glimmer of optimism in a global crisis which prompted Japan to extend
Caroline Flint, British Minister for Europe, has reiterated her country’s great interest in a viable and functional solution to the Cyprus issue, and stressed that the United Kingdom will do anything possible
Britain's private sector pension schemes recorded a deficit of nearly 200 billion pounds at the end of last year, as the global financial crisis took its toll on the value of pension
Following are details of job cuts in excess of 2,000 announced by companies in non-financial sectors since the beginning of September: REGION – EUROPE COMPANY SECTOR NUMBERS DATE Renault Auto 6,000 Sept
Russia plans a 900 billion-rouble ($27.4 billion) capital injection for commercial banks hit by the economic crisis, with state-controlled lenders set to receive the largest share, government sources said on Tuesday. Sberbank,
World stocks rose on Tuesday with Japan climbing sharply as the government moved to rescue capital-strapped companies and European shares boosted by a positive German sentiment report. The dollar was generally lower
The Japanese government launched on Tuesday a $16.7 billion scheme to buy shares in companies whose future has been threatened by the financial crisis, in a new move to ease the credit
