Breaking News
UK grocery market slides but Morrisons continues to grow, Kantar says
The UK’s grocery market slipped into decline in the second quarter of 2015, figures released on Tuesday showed.
Employment prospects bolster US consumer confidence in June
US consumer confidence beat forecast in June, according to figures released by The Conference Board on Tuesday.
Greece requests ESM support from Eurozone
Greece is requesting a two-year bailout program from the European Stability Mechanism, according media reports Tuesday that cited the office of Greek Prime Minister Alexis Tsipras.
Greece proposes two-year deal with ESM to cover financial needs, says Reuters
Greek government reconsidering Juncker proposal
According to a report citing Greek online newspaper ekathimerini the Greek government may be reconsidering last night´s proposal from European Commission president Jean Claude Juncker.
Varoufakis confirms Greece will not make IMF payment
Greek Finance Minister Yanis Varoufakis confirmed on Tuesday that Athens will not meet the deadline of midnight on Tuesday to repay €1. 6bn owed to the International Monetary Fund.
UK first quarter GDP growth rate revised higher
The UK´s economy started the year on a slightly firmer footing and with greater momentum than initially though, according to revised figures from the government.
Eurozone CPI in line with expectations in June
Consumer prices in the Eurozone grew at a slower pace in June, official figures released on Tuesday showed.
8bn euros pulled from Greek banks in the last two weeks, says Moody's
Eurozone economic confidence declines in June
Economic confidence in the Eurozone declined slightly in June, official figures released on Monday showed, as businesses grew more cautious.
ECB to continue with emergency funding to Greece
The European Central Bank (ECB) said on Sunday that it would continue to provide emergency liquidity assistance (ELA) to Greek banks at the level previously agreed on Friday.
China´s PBoC cuts rates and banks´ reserve requirements
The People´s Bank of China, the country´s monetary authority, has lowered its benchmark lending rate and the amount of cash lenders are required to hold in reserves.
Tunisia terror attack death toll rises to 35, more casualties expected
A tourist hotel has been attacked in Sousse, Tunisia, local media and security sources reported.
Man found decapitated in southeastern France in suspected Islamist attack
Men carrying an Islamist flag attacked several workers from US-based Air Products factory in the southeastern French commune of Saint-Quentin-Fallavier at around 10am, leaving a man dead and several wounded.
Greek default possible after 30 June, IMF says
The International Monetary Fund will not be flexible on the 30 June deadline when Greece’s next debt payments fall due.
Diageo down on reports of no interest from 3G
Shares in drinks group Diageo fell 2. 2% on Thursday after CNBC anchor David Faber said on his TV show that private equity firm 3G had categorically no interest in the company.
Eurogroup meeting has been suspended - reports
According to various reports Thursday's Eurogroup meeting was suspended pending "better" proposals from Greece.
US jobless claims rise by more than forecast
Initial US weekly unemployment claims rose by more than expected in the latest reference period.
UK retail sales slowed in June, CBI says
Retail sales volumes slowed more than expected in June, but a slight recovery was forecast by most executives in the industry.
Brussels's deadline to Greece lapses without progress
The 10:00 deadline for Greece to present a workable plan of economic reforms if it wants to access the €7. 2bn of funds remaining under its current bailout programme has lapsed without any fresh proposals having been presented by Athens.