Britain's economy stabilised in April after a year of falling output, the National Institute of Economic and Social Research said on Tuesday. It said last month's improvement suggested the decline in output
Oil prices hit $60 a barrel on Tuesday for the first time in six months, boosted partly by a weak dollar and gains on equity markets. U.S. crude was up $1.32 a
European stocks edged higher and oil prices hit a 2009 high on Tuesday as investors chased risky assets further on hopes for improvement in the global economy, pushing the low-yielding dollar to
The combined deficit of 7,400 UK final salary pension schemes narrowed to 188.5 billion pounds ($286 billion) in April on the back of rising equity markets and gilt yields, data from the
Tourism arrivals fell over the year-earlier period less steeply in April than in February and March but the main reason could have been the timing of western Easter. On the basis of
British industrial output fell less than expected in March though still posting its biggest annual decline on record, while the country's trade deficit narrowed to its smallest in almost 2 years, data
Oil prices edged above $59 a barrel on Tuesday to set a new six-month high, mainly in response to firmer equities and a weaker dollar. U.S. crude rose 65 cents to $59.15 a
China disappointed markets on Tuesday with a sharp drop in exports in April that overshadowed strength in capital spending and dampened optimism that a global economic recovery might be around the corner.
A powerful bomb damaged a bank in Athens early on Tuesday but caused no injuries, police said. The bomb, placed outside the Greek bank Eurobank in the southeastern Argyroupoli district, was the
A just solution of the Cyprus problem depends to a great extent on Turkey, President of the Republic of Cyprus Demetris Christofias stressed here Monday. “A just solution is not something which
