US manufacturing activity firmed in July, Empire state survey shows

Manufacturing activity Stateside picked up slightly in July, a leading indicator for activity in the sector showed.

UK unemployment rate jumps, wage growth accelerates

Unemployment in the UK rose by more than expected in May even as wage growth picked up further, albeit by less than economists had forecast.

Greece economy in a wreck after two weeks of political confrontation - IMF

The last two weeks of shuttle negotiations or political confrontation between Athens and Brussels left the Greek economy in a wreck, according to a confidential report from the International Monetary Fund (IMF) seen by Reuters.

Twitter rally halted as doubt emerges over reliability of takeover-bid report

JP Morgan beats quarterly earnings forecasts

Shares in JP Morgan Chase & Co climbed in pre-market trading on Tuesday, as the US banking giant reported an increase in second quarter profit.

Israeli PM: Iran nuclear deal is a "bad mistake of historic proportions"

Israeli Prime Minister Benjamin Netanyahu has criticised the deal over Iran's nuclear programme, describing it as "a mistake of historic proportions. ".

IAEA confirms deal over Iran's nuclear programme

The International Atomic Energy Agency (IAEA) has signed a deal with Iran aiming to resolving the outstanding issues over the country’s nuclear programme by the end of the year.

Iran and world powers reach agreement on nuclear programme

Iran and the six world powers with whom it was negotiating have reached an agreement on the country’s nuclear programme, according to diplomats.

Iran diplomats are confident of reaching a nuclear agreement by Tuesday, AP says

Gunmen hold up Paris Primark store with 10 people inside

French police reported that gunmen were holding up a Primark clothing store with some 10 people inside at Villeneuve-la-Garenne near Paris.

Euro-summit reaches agreement on Greece

Belgium's Prime Minister Charles Michel has announced that an agreement between Greece and its European counterparts has been reached.

US Fed’s rate hike cycle will likely start this year

The first increase in the US central bank’s main policy rate is likely to come later in 2015, the chair of the Federal Reserve said.

Ryanair jumps higher after accepting IAG offer for Aer Lingus stake

Shares in budget airline Ryanair jumped 3% after the company said it has voted unanimously to accept the offer from Iberia and British Airways parent IAG for its 29. 8% shareholding in Aer Lingus.

Dijsselbloem reportedly says decision on Greece "probably today"

Eurogroup head Jeroen Dijsselbloem said that a decision on Greece’s new reform proposals will be made “probably today”, according to Bloomberg.

UK trade deficit unexpectedly shrinks in May

The UK's visible trade deficit shrank in May to -£8bn from -£9. 4bn in the month before (consensus: -£9. 7bn).

Greece submits reform proposals, but analysts remain cautious

Greece has submitted a new and eagerly-awaited proposal for economic reforms in a last-minute bid to clinch a bailout deal with its international creditors, but analysts remained cautious.

Crisis to take much heavier toll on Greece than expected, IMF says

Global economic growth will be lower than previously expected the world’s financial watchdog said.

Chinese stocks bounce back

Shanghai stocks bounced back on Thursday morning, although some observers warned of the potential for a so-called 'dead cat' bounce.

Bank of England keeps policy unchanged

Following its meeting today the Monetary Policy Committee kept its policy settings unchanged.

Balfour Beatty warns on profits, again

Balfour Beatty has issued another profit warning, with pre-tax profit likely to be lower by between £120m to £150m due to problems discovered in various parts of the infrastructure construction group as part of a continuing business review.