U.S. looking at selling Citi shares: report

The Treasury Department is talking to Citigroup Inc (C.N) about how to sell the roughly one-third stake the government acquired as part of its bailout of the bank, news agency Bloomberg reported,

UK economy faces slow recovery

The British economy has probably started growing again but recovery will be slow and risks to inflation are still to the downside, Bank of England Governor Mervyn King said on Tuesday. King

Stocks steady, dollar above lows vs yen

World stocks held steady on Tuesday while the dollar held above this week's seven-month low against the yen as focus shifted to the state of U.S. consumers from a trade spat between

FTSE flat in early trade; UK inflation eyed

Britain's leading shares were flat early on Tuesday, pressured by losses in heavyweight oil majors as investors awaited UK inflation data to gauge the extent of economic recovery. By 0802 the FTSE