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UK third quarter GDP in line with expectations
The UK economy grew in line with expectations in the third quarter, data released on Friday showed.
US durable goods orders rises more than forecast in October
US durable good orders rose more than analysts' expected in October, the Commerce Department revealed.
Turkey says Russian fighter was warned 10 times
The North Atlantic Treaty Organisation has called an extraordinary meeting after a Russian SU 24 warplane was shot down over Turkey on Tuesday, AFP reports.
US GDP third quarter estimate revised higher to 2.1% as expected
US economic growth was revised higher in the third quarter in line with analysts' expectations, the Commerce Department revealed on Tuesday.
Putin says Turkey shooting down Russian jet near Syria a 'stab in the back'
Russian President Vladimir Putin has said Turkey shooting down a Russian fighter jet on Tuesday is a "stab in the back", RT reported.
Interest rates could go down, not up, says BoE's chief economist
The Bank of England’s chief economist Andy Haldane has warned that monetary policy may need to be eased rather than tightened in the short term.
easyJet cancels all to flights to Sharm El Sheikh until 6 January
Budget airline easyJet has confirmed it will cancel all flights to and from Sharm El Sheikh until 6 January.
NY Attorney General probes 'spoofing' in FX markets
US authorities have reportedly subpoenaed various interdealer brokers, including Icap and Tullet Prebon as part of a probe into currency-market 'spoofing'.
Saudi willing to use all measures to keep market stable
The Saudi government said on Monday it was willing to use all measures necessary to ensure a stable oil market.
IAG keeping an eye on European takeover options
International Consolidated Airlines Group (IAG) has been approached about potentially taking over a number of rival airlines, chief executive Willie Walsh has revealed.
"No more hostages" in Mali hotel siege
Officials in Mali, where gunmen had a hotel under siege earlier on Friday, have said there are now "no more hostages" involved at the scene.
British American Tobacco plotting takeover of Imperial Tobacco, sources tell FT
British American Tobacco has put together a syndicate of banks to finance a possible purchase of rival Imperial Tobacco, according to the Financial Times's Alphaville, which cites "people claiming direct knowledge of the process".
Brent oil could fall to $25-$30 per barrel in 2016, BofA-Merrill Lynch says
Downward pressure on oil prices as China’s currency weakens could force Saudi Arabia to de-peg its currency from the US dollar and in turn weigh further on emerging market growth next year, analysts said on Friday.
Moody's upgrades outlook on British Airways
Moody’s has changed its outlook on British Airways’ Ba2 rating to positive from stable and affirmed the airline’s ratings.
ECB not short of instruments to meet mandate, says Draghi
European Central Bank president Mario Drgahi has told his audience at the 25th Frankfurt European Banking Congress that the monetary authority "is not short of instruments to meet its mandate. " .
US Federal Reserve has not painted itself into a corner, Mester says
The Federal Open Market Committee is not boxed into hiking rates at its 15-16 December policy meeting, a top Fed official said.
UK retail sales decline more than expected in October
The underlying volume of UK retail sales declined more than expected in October in figures released on Thursday showed.
December FOMC could well be the time to raise rates, minutes show
When US rate-setters last met to decide on policy, they decided on unexpected changes to the wording of their policy statement because they thought their 15-16 December meeting "could well be" the moment to raise interest rates, the minutes of their conversations revealed.
Putin attributes crash of Metrojet flight 9268 over Sinai to terrorism
Russian president Vladimir Putin officially attributed on Tuesday the downing of a Russian commercial airliner over the Sinai peninsula to a terrorist attack and committed his country to stepping up strikes on the groups involved.
UK CPI remains in negative territory in October
The UK consumer price index (CPI) remained into negative territory for the second consecutive month in October, figures released on Tuesday showed.