U.S. stocks opened higher on Thursday as a fall in jobless claims and a rise in productivity offered encouraging signs the recession may be easing. The Dow Jones industrial average (.DJI) gained
The European Central Bank kept interest rates on hold on Thursday, resisting pressure for more cuts to spur an economy that is showing some signs of emerging from recession. The Bank of
The European Union urged Latvia on Thursday to cut public spending further, offering little hope the Baltic country would quickly receive funds to ease a crisis threatening to force a currency devaluation.
The Bank of England left interest rates unchanged at a record low of 0.5 percent for the third month running on Thursday, and said it would continue its 125 billion pound asset-buying
The European Central Bank is set to keep interest rates on hold on Thursday, resisting pressure for more cuts to spur an economy that has shown some signs of emerging from recession.
European equities climbed on Thursday ahead of rate decisions from the Bank of England and the European Central bank, with banks and drugmakers gaining ground and oil shares rising on the back
Britain's top share index rose 0.5 percent in morning trade on Thursday, helped by oil, banking and insurance shares, and as investors eyed the outcome of the Bank of England's monetary policy
British house prices unexpectedly rose at their fastest monthly rate in 6-1/2 years in May, the Halifax house price survey showed on Thursday, but the mortgage lender cautioned that market conditions remained
The Obama administration plans to unveil on June 17 its sweeping plan to overhaul financial regulation, according to a source familiar with thinking at the U.S. Treasury Department. The proposal will serve
World equities traded close to 2009 highs on Thursday despite losses on emerging markets and investor fervor being cooled by weaker U.S. private employment and services sector data. European shares boosted the
