Weak economic readings from China, Japan and Britain and a grim corporate outlook worldwide reinforced fears on Tuesday of a prolonged recession, prompting investors to look to a world leaders' summit for
Britain's global goods trade deficit narrowed more than expected in September as exports rose more than imports and the oil trade gap eased to its smallest in more than a year, official
British house prices fell 5.1 percent on a year ago in September, the government said on Tuesday, in a further sign that the housing market is deteriorating. The Department for Communities and
The European Union decided on Monday to send a naval force to the coast of Somalia to combat piracy, after a unanimous decision of the Ministers of Defence of the 27 member
British house prices fell slightly less sharply in the three months to October than in the three months to September, a survey showed on Tuesday, but home sales hit the lowest in
U.S. President-elect Barack Obama visited the White House on Monday for his first post-election meeting with President George W. Bush, a strikingly symbolic moment in the transition of power. Obama, who will
Evidence of a weakening Chinese economy, feeble data from Australia and Britain and a darkening corporate outlook in the United States reinforced fears of a prolonged global recession on Tuesday. China's inflation
The financial crisis requires a global solution for money market funds, including a liquidity pool for struggling funds, the chairman of the UK money market fund association told Reuters. The U.S. Federal
Barack Obama will put politics aside in his first post-election visit to the White House on Monday, but he is already reviewing some of President George W. Bush's executive orders with an
Remember inflation? Just four months ago, soaring commodity costs were the biggest economic worry as oil raced to a record high. Now the buzz word is deflation, and that is altering both
