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Surging pound boosts holidaymakers staging an Easter getaway as currency hits its highest level since 2009 £500 now buys $842 compared to $743 last summer Sterling up on speculation interest rates may rise sooner than planned But holidaymakers should
The dollar fell against the euro Thursday as investors weighed the prospects of additional stimulus from the European Central Bank with guesses on when the Federal Reserve could begin raising rates. Jobless claims edged up by 2,000 to 304,000 in the
Later today, we'll get the latest weekly tally of initial unemployment insurance claims and monthly business outlook from the Philadelphia Federal Reserve.
As in its previous projection in February, the Economic Ministry forecasted domestic demand to grow by 1.9 percent in 2014, and by 2.1 percent in 2015. Stable labour market, increasing private households' income, positive mood of enterprises and
GM to ask bankruptcy court for lawsuit protection General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy.
The tens of billions of euros eurozone banks set aside for loan losses in their latest annual accounts may have substantially reduced the chance of institutions failing ECB stress tests in the next few months. A total of 71.5bn was set aside in 2013
THE New Zealand dollar weakened ahead of the release of Chinese data which is expected to show a slowdown in Asia's largest economy, the country's largest trading partner. Locally, figures are expected to show inflation is accelerating. The kiwi
The dollar gave up its gain against the euro Tuesday after a gauge of builder confidence in the U.S. fell short of forecasts. Tuesday, April 15: Watch These Three Stocks Sital Patel takes a look at which stocks traders will be watching during market
Norwegian energy company Statoil said Friday it made an oil and natural gas discovery in the Valemon North prospect in the North Sea. The company said Friday it made discoveries at two wells in the prospect located in Norwegian waters.
PLC can play an "important role" as a bridge between the West and Russia, which remains vital for Europe's energy security, Chief Executive Bob Dudley said Thursday. BP, the biggest foreign investor in Russia's oil sector, will continue to seek ways