Breaking News
Eurozone flash consumer confidence jumps to -3.7 in March
Consumer confidence in the Eurozone jumped more than expected in March to -3. 7 reading, from the previous month's level of -6. 7.
Afren notifies UK's SFO over expense payment concerns
Embattled Africa-focused oil company Afren on Monday released a statement of its notification to the UK’s Serious Fraud Office over concerns about expense payments expressed by the company’s legal advisers.
Osborne close to meeting targets after February borrowing data
Public sector net borrowing decreased in February as tax receipts from high-earners bonuses finally materialised, bringing the Chancellor closer to meeting his fiscal targets.
Holcim, Lafarge agree new terms for €41bn merger
Holcim and Lafarge have ironed out fresh terms over their proposed €41bn merger, which would create the world's biggest cement company.
Auto Trader motors after pricing IPO at 235p per share
Auto Trader Group, the UK car classified company on Thursday priced 590m shares at 235p/share in its initial public offering in the London market.
Rumours surface of possible bid for Corriere della Sera
Market chatter has surfaced regarding a possible bid for Italian newspaper Corriere della Sera, owned by publishing group RCS.
Swiss central bank keeps rates unchanged
The Swiss central bank kept its main policy rates unchanged on Thursday.
Yellen's press conference: The Fed will not act impatiently
Yellen has reiterated that despite the removal of the word “impatient” from its interest rates guidance, the Fed will not act impatiently. As such, the pace of rate hikes is expected to be slow.
FOMC drops "patient" from interest rate statement
The Federal Reserve has dropped the word “patient” from its interest rate guidance, but also said the first rate hike may not take place until September, later than expected.
UK unemployment rate unchanged at 5.7% in January, earnings fall
The unemployment rate in Britain remained stuck at 5. 7% over the three months to January, while earnings growth slowed, according to the Office for National Statistics (ONS), sending the pound immediately lower.
BoE voted unanimously to keep policy unchanged, minutes reveal
The Bank of England (BoE) voted unanimously to maintain interest rates at 0. 5% and its asset purchase programme at £375bn, minutes of the central bank's 4-5 March meeting revealed.
Dovish Fed no more? Wednesday's policy meeting could yield a date for rate hike
The Federal Reserve’s policy meeting this week could see the central bank drop the term ‘patient’ from its dovish rhetoric and move toward hinting on the timing of the first rate hike.
US crude futures hit six-year low despite OPEC report
US oil futures started the week on a very soft note, plumbing six-year lows despite what some observers described as a bullish report on Monday from the Organisation for Petroleum Exporting Countries (OPEC).
Easyjet plane declares emergency on flight to Lisbon
An Easyjet flight from London Gatwick to Lisbon declared an emergency, diverting course and descending rapidly as it flew over the Bay of Biscay.
TSB confirms takeover bid from Spain's Banco Sabadell, Lloyds gives approval
Recently floated TSB has received a cash takeover approach from Spain's Banco Sabadell, which TSB's majority owner Lloyds said it would accept.
Intel issues profit warning, shares dip
Intel warned that its first-quarter sales would be lower than expected on Thursday, citing weaker demand for business desktop PCs and lower inventory levels in the PC supply chain.
Euro/dollar drops below 1.10 for first time September 2003
On Thursday evening the euro/dollar dropped below 1. 10 for first time September 2003 in the aftermath of the European Central Bank's latest policy decision.
ECB to raise funding for Greek banks, QE to kick off 9 March
The European Central Bank (ECB) has raised emergency liquidity assistance for Greece by €500m and announced that it has removed the waiver on purchases of the nation's debt.
Eurozone deflation eases more than expected
Eurozone consumer prices fell 0. 3% in February, beating analysts' estimates for a 0. 5% decline, and recovering from the previous month's 0. 6% drop.