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Russia begins airstrikes in Syria hours after approving use of military forces
Russia has launched airstrikes in Syria just hours after receiving parliamentary approval to use military forces against Islamic State (ISIL) extremists, a US defence official has revealed.
Eurozone consumer price index falls 0.1% in September
The Eurozone's annual consumer price index fell 0. 1% in September compared to a 0. 1% increase in August, Eurostat's flash estimate revealed on Wednesday.
US consumer confidence beats expectations in September
US consumer confidence rose unexpectedly in September, figures released on Tuesday showed.
Glencore retains strong lines of credit, company says
Glencore remains "operationally and financially robust" and continues to retain strong lines of credit and secure access to funding.
German inflation slows more than expected in September
German inflation fell to zero growth in the year to September from a 0. 2% increase in August, the Federal Statistics Office revealed on Tuesday.
Reserve Bank of India cuts rates by 50 basis points to 6.75%
The Reserve Bank of India on Tuesday slashed its main policy rate by a greater than expected 50 basis points to 6. 75%.
Alcoa moves to split into two companies, avoid forced sales
US aluminium producer Alcoa said it will separate its main aluminium producing business from its parts-manufacturing operations.
Criminal investigation over Volkswagen emissions scandal
German prosecutors have opened a criminal investigation into former Volkswagen AG chief executive Martin Winterkorn over the VW emissions scandal, Bloomberg reports.
VW promotes Porsche boss Muller to group head
Volkswagen chose one of its own rank and file, Matthias Muller, as new group Chief Executive Officer.
US GDP bounces back more than expected in the second quarter
The American economy bounced back more strongly than had been thought to be the case in the three months to June after a weak start to the year.
Volkswagen CEO Martin Winterkorn resigns amid diesel emissions scandal
Volkswagen chief executive Martin Winterkorn has resigned amid the German automaker's diesel emissions scandal.
TUI says summer trading was solid, issues confident outlook
Travel operator Tui AG said trading in summer remained robust, as it expressed confidence over its full-year performance.
BBA Aviation taking part in talks for acquisition of US-based rival
BBA Aviation is one of several parties participating in the sale process for US,Houston-based rival Landmark Aviation, according to Reuters.
Market overview: Citi pushes BoE rate forecast out to Q4 2016
1630:Close A motley group of precious metals mining and large pharmaceutical stocks led to the upside on Friday, as the rest of the market got walloped, with oil stocks figuring prominently at the bottom of the pile. On Thursday, the Fed’s Janet Yellen bravely aired her concerns regarding growth prospects in emerging markets. Such a high-level endorsement of those concerns, in itself somewhat of an about face, sparked concern among traders, more so given that she also held out the possibility of an October rate rise.
Footsie drops sharply, traders point to 'fat finger' error
Losses on London's top-flight index were being ascribed by some media outfits to a 'fat finger' error or an error in an automated trading system.
Worldpay to go ahead with IPO
Payments processor Worldpay, which is owned by Bain Capital and Advent International, has decided to go ahead with a flotation, despite an offer from Ingenico.
US Federal Reserve keeps interest rates unchanged
The US Federal Reserve kept interest rates unchanged following its two-day policy meeting on Thursday, as it lowered its estimate of the economy's potential rate of growth and said it was monitoring "developments abroad".
Rate rise in October remains a possibility, Fed's Yellen says
“As I have said, every meeting is a ‘live’ meeting,” US Fed chair Janet Yellen said in response to a question from a journalist at the press conference following the FOMC’s decision.
Powerful earthquake shakes Chilean capital, copper prices firm
Authorities in New Zealand and Hawaii were on alert for a possible tsunami after a powerful tremor shook Chile's capital on Wednesday evening, at 10:54BST.
OECD cuts 2015 global growth forecast on emerging market outlook
Forecasts for global growth this year have been trimmed by the Organisation for Economic Co-operation and Development (OECD) due to the further worsening of the outlook for many emerging market economies.