UK consumers remain cautious in August -GfK

British consumer sentiment was unchanged for a third successive month in August and showed continued caution about the economy, a survey by pollsters GfK NOP for the European Commission showed on Friday.

Global stocks near new year high

World stocks flirted with a year high on Friday and were on track to close with a seventh consecutive week of gains, as investors showed increasing confidence in global economic recovery. The

Russia plans autumn OPEC meeting in Moscow

Russia has proposed a meeting with OPEC member countries in Moscow in the autumn, Russian news agencies quoted Energy Minister Sergei Shmatko as saying on Thursday. "OPEC is obviously interested in maintaining,

FTSE down 0.1 percent; banks, miners weigh

Britain's top share index was 0.1 percent lower mid-session on Thursday as investors liking for risk was showing signs of fatigue ahead of a long holiday weekend following recent hefty gains. London

European shares inch lower, beverages slip

European shares fell 0.2 percent by midday on Thursday as gains in pharmaceuticals and utilities were outweighed by weakness in the beverage sector after Diageo lowered its profit target. By 1102 GMT,

Oil falls towards $70 on brimming U.S. stocks

Oil fell towards $70 on Thursday, after touching 10-month highs earlier this week, as swollen crude and distillate inventories outweighed positive economic data from the world's largest consumer, the United States. U.S.