U.S. retail sales slipped, European industrial output dived and the Bank of England said Britain needed a long period of healing, denting hopes on Wednesday of any global economic recovery. Investors seeking
Sales at U.S. retailers fell for a second straight month in April as cash-strapped consumers held back on some purchases, according to a government report on Wednesday that dealt a blow to
European stocks fell and Wall Street looked set for some losses on Wednesday with investors fretting about banks and the global economy. The U.S. dollar rebounded from an earlier four-month low. Sterling
The first company in Estonian business history was created in the Company Registration Portal with a Finnish ID card, without the founders of the company having had to leave their desks to
Britain's financial regulator fined U.S. bank Morgan Stanley 1.4 million pounds ($2.1 million) for failings that led to a $120 million markdown to the books of a former senior proprietary trader. The
European shares were lower at midday on Wednesday in a choppy session, with financials and miners the biggest fallers and a Bank of England inflation report knocking investor sentiment. By 1056 GMT,
Stock index futures extended losses on Wednesday as investors waited for key retail sales data for an indication of the mood of the U.S. consumer. S&P 500 futures fell 6.9 points and
The European Commission fined Intel Corp a record 1.06 billion euros ($1.45 billion) on Wednesday and ordered it to halt illegal rebates and other practices used to squeeze out rival AMD. "Given
A surprise U.S. inventory drop helped boost oil towards $60 a barrel on Wednesday, while gold prices hit five-week highs as investors looked beyond renewed appetite for riskier assets and clung to
Euro zone industrial output dived and the Bank of England said on Wednesday the British economy needs a lengthy period of healing, putting the onus on the U.S. consumer to help drive
