Thursday 03 Nov 2011
Jean-Claude Trichet’s opaque language was his strong point. For Mario Draghi, it could be his conciseness. Read More
Thursday 03 Nov 2011
U.S. labour productivity rose at a 3.1% rate in the third quarter, according to data just released by the U.S Department of Labor. Read More
Thursday 03 Nov 2011
It was an extraordinary day of to-ings, fro-ings, comings and goings in Europe. Read More
Thursday 03 Nov 2011
Sources close to the Greek government have confirmed that the proposed refendum on the country's bailout package has been scrapped, according to Associated Press. Read More
Thursday 03 Nov 2011
Initial weekly unemployment claims fell by 9,000 to 397,000 last week, according to the latest data released by the U.S Labor Departmment. Read More
Thursday 03 Nov 2011
European Central Bank President Mario Draghi has said "significant cuts" to growth forecasts in the Eurozone are very likely in 2012. Read More
Thursday 03 Nov 2011
In a surprise move the European Central Bank has lowered its benchmark interest rate by 0.25% to 1.25%. Read More
Thursday 03 Nov 2011
The European stock markets turned around this morning to show 2% gains on the possibility that Greek Prime Minister George Papandreou could be forced to step down. Read More
Thursday 03 Nov 2011
Another MP for the ruling Greek PASOK party has resigned this morning, while a second one has declared that she will vote against the confidence motion, The Wall Street Journal reports. Read More
Thursday 03 Nov 2011
Eurozone leaders have decided to consider the Greek referendum as a vote that will decide whether or not the country keeps the currency. Read More
Thursday 03 Nov 2011
Evangelos Venizelos will be Greece's representative at the G-20 (Group of 20) summit today. He will receive plenty of pressure from other European members. Yet although Venizelos will likely be the c... Read More
Thursday 03 Nov 2011
Crude oil futures eked out modest gains on Wednesday, snapping a three day losing streak. Read More
Wednesday 02 Nov 2011
The Federal Reserve has reiterated its plans to keep rates close to zero for the time being, saying that while growth had "strengthened somewhat", there are still "significant downside risks" to the e... Read More
Wednesday 02 Nov 2011
Germany wants to implement the bailout plan agreed for Greece, according to the country’s chancellor Angela Merkel. Read More
Wednesday 02 Nov 2011
The employment report issued by payrolls processing firm ADP reveals that 110,000 private sector jobs were created in the United States during the month of October. Read More
Wednesday 02 Nov 2011
Europe is not willing to renegotiate the conditions of the second bailout for Greece and plans on blocking the €8 billion tranche that was liberated last week, according to a report in French daily Le... Read More
Wednesday 02 Nov 2011
Destatis, the German statistics bureau, has reported that 10,000 jobs were lost in October, in line with what the consensus of analysts were expecting. Read More
Wednesday 02 Nov 2011
A survey measuring conditions in the Eurozone manufacturing sector fell to its lowest level in 27 months in October, as the European economic slowdown continues. Read More
Wednesday 02 Nov 2011
Conditions in the Spanish manufacturing sector continued to deteriorate in October, as the industry contracted for the sixth straight month. Read More
Wednesday 02 Nov 2011
European stock markets trimmed their gains on Wednesday morning, while some moved back into the red, as the European Financial Stability Facility (EFSF) decided to postpone the €3bn debt issue schedu... Read More
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