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Euro-area consumer prices at zero growth in April as expected
Euro-area consumer prices registered zero growth in April compared to a year ago, as expected by analysts, according to an initial estimate from Eurostat.
Net inflows drive double-digit first quarter profit gain at Schroders
Inflows at its asset management arm drove a double digit gain in profits at fund manager Schroders in the first quarter, leading analysts to cautiously revise their forecasts for full-year earnings higher.
RBS reveals larger losses than feared after forex rigging charges hit
Royal Bank of Scotland made a £446m loss in the first quarter of the year, more than double what had been feared as it was hit by £453m of restructuring costs and set aside £856m for litigation and conduct charges.
IAG off to a flier with maiden first quarter profit
International Consolidated Airlines Group, the owner of British Airways and Spain's Iberia, flew back into the black in the traditionally weak first quarter.
US GDP data sends euro sharply higher, Dax breaks lower
UK stocks ended the session lower after a weaker than expected reading on US GDP sent cable and the euro hurtling higher, in turn weighing on the equity space.
Federal Reserve remains open to interest rate hike in June
The Federal Reserve said it anticipates a rebound in the US economy after the sluggish winter months, remaining open to the possibility of an interest-rate increase as early as June.
Nasdaq apologises for 'inadvertently' publishing Twitter earnings
The Nasdaq Stock Market has issued a formal apology for “inadvertently” releasing Twitter’s earnings before the closing bell on Tuesday night.
TSB back in the black in the first quarter
Profits at TSB Banking Group improved in the first quarter on the back of shifts in investment and marketing spend towards the fourth quarter of 2014.
Barclays first quarter profits rise, books provisions for FX
Adjusted profits before tax at Barclays rose by 9% to £1. 85bn over the first three months of the year.
Thai central bank surprises with interest rate cut
Thailand’s monetary authority has unexpectedly lowered its benchmark policy rate by 25 basis points to 1. 5%.
FTSE business boosts first quarter revenue growth at LSE
A strong performance at its FTSE information services arm boosted revenues at the London Stock Exchange Group (LSE) at the start of the year.
Shares in EIGI plunge as company struggles to service its debt
Shares of Nasdaq-listed Endurance International Group plummeted on concerns its may be unable to service its debt, with boutique research house Gotham City Research calling the firm’s solvency into question.
McCanns succeed in case against ex-police chief Goncalo Amaral
Kate and Gerry McCann, whose daughter Madeleine went missing in Portugal in 2007, have won their case against ex-police chief, Goncalo Amaral.
Iranian navy seizes ship in Strait of Hormuz
The Iranian Navy has seized an American cargo ship with all its 34 crew for trespassing on Iran's territorial waters in the Persian Gulf, according to local reports.
UK GDP slows far more than expected in the first quarter
Economic activity in Britain slowed far more than economists had been anticipating at the start of the year, according to a preliminary estimate from the Office for National Statistics (ONS).
Chinese central bank set to ease monetary policy further, copper rises
According to a report from the The Wall Street Journal, citing officials, the Chinese central bank is set to launch further monetary policy easing measures in a bid to ease debt restructurings.
Apple's profits up 33% in second quarter, $200bn returned to investors
Apple posted a 33% increase in quarterly profits in the three months to March 28, as strong iPhone sales and colossal growth in Chinese trade continued to drive momentum from the release of the iPhone 6 in September.
HSBC mulls moving headquarters abroad, AGM bloody nose on board pay
HSBC, the UK's biggest bank, has launched a review into the location of its headquarters due to recent changes in the regulatory landscape but at its general meeting faced shareholder opposition on directors' salaries.
Facebook first quarter earnings slightly above estimates
Facebook posted first quarter earnings slightly above estimates on Wednesday.
Greece's money "starting to run out" says Eurogroup's Dijsselbloem
Cash-strapped Greece is expected to sign a new deal with its European creditors, according to the president of the Eurozone's group of finance ministers.