Fast-track trade bill clears Senate hurdle

A proposed bill to give Barack Obama "fast track" trade authority cleared a crucial hurdle in the Senate on Tuesday, paving the way for a final vote.

US new home sales rise at fastest pace since 2008 in May

Sales of new homes in the US recovered to their fastest pace since 2008 last month, the Department of Commerce said.

ECB raises ELA cap for Greek banks

The European Central Bank has raised the amount of funding it makes available to Greek banks again.

Chinese manufacturing PMI buoyed by export orders in June

The pace of contraction in Chinese manufacturing slowed in June as the pace of growth in new orders picked up, a widely-followed survey of activity in the country revealed.

Remgro, Mediclinc to buy 30% of Spire Healthcare

Remgro, a major shareholder of South Africa-based private hospital group Mediclinic, is to buy a 29. 9% shareholding in FTSE 250 peer Spire Healthcare.

Market overview: Contradictory reports on ELA assistance for Greece

1451: Reports regarding by how much the ECB´s ELA assistance to Greek banks has been increased continue to be quite contradictory. ELA to the country´s lenders has only been upped by €1. 8bn, MNI reports.

ECB ups funding for Greece through ELA

The European Central Bank increased its funding for Greek banks.

BoE could raise interest rates as early as this year, says McCafferty

The Bank of England could hike interest rates within the end of the year, or six months later, Ian McCafferty, on of the bank's policymakers, said on Friday.

Eurogroup fails to reach agreement with Greece

Euro area finance ministers meeting in Luxembourg on Thursday failed to reach an agreement with Greece, but a deal was still possible in coming days, the president of the body said.

Fifteen years on, Nasdaq Composite hits new record high

America´s tech-heavy Nasdaq Composite hit a new all-time intraday high at 5,134. 79 points following Wednesday evening´s slightly dovish outcome to the latest Federal Reserve policy meeting.

Philadelphia Fed Index jumps to 15.2 in June, beating forecasts of 9.0 reading

Trading in BPI halted as Caixa Bank mulls bid

A trading halt was placed on shares in Portugal´s BPI amid reports that Spain´s Caixa Bank would meet next week to consider a complete takeover.

UK retail sales rise 4.6% in May

UK retail sales grew more than expected in May, official figures released on Thursday showed.

Two Fed rate rises still possible in 2015, but slower thereafter

The Federal Reserve may yet raise interest rates twice in what remains of 2015, the latest set of economic projections from the Fed´s rate-setters showed.

Market overview: Positive comments from Deutsche on Lloyds

1401: In anticipation of the upcoming Basel 4 requirements – to improve ho wbanks measure balance sheet risk and “advertis” their [capital] ratios - Deutsche bank has analysed which lenders look best as banks are rehabilitated as dividend paying equities. The stocks it “likes” are: Lloyds, Danske, Unicredit, Banco Popolare, Commerzbank and Bankinter.

Eurozone CPI inflation in line with expectations in May

Eurozone consumer price index (CPI) met expectations in May, official figures released on Wednesday showed.

UK unemployment declines in three months to April, ONS says

UK unemployment declined in the three months to April, official figures released on Wednesday showed.

UK Consumer Prices Index inflation rate climbs 0.1% in May

UK inflation rate, as measured by Consumer Prices Index (CPI), climbed back into positive territory last month, figures released on Tuesday showed.

Core Consumer Price Index inflation misses forecast in May, ONS says

Greece missing payments on bonds held by ECB would not trigger a default

Rating agency Standard & Poor's Ratings (S&P) said it would not downgrade Greece even if the country failed to meet the payment deadline on bonds maturing in July and August totaling €6. 7bn held by the European Central Bank (ECB).