US orders for durable goods rose 2% in July
Orders for long-lasting manufactured goods from US factories rose 2 percent in July after a 4.1 percent gain in June.
According to data from the...
August new orders for durable goods fell but orders for capital goods rebounded
New orders for durable products, such as cars and fridges (designed to last more than three years), fell in August by 18.2% to a...
Growing vulnerabilities in major emerging economies
Financial investors are becoming more concerned about the growing vulnerabilities in major emerging economies, particularly China, as they reassess the global growth outlook, according...
UK gets £4.96bn surplus from EU migrants
European migrants have paid in £4.96 billion more in taxes to the UK than they cost in benefits, says a report published on Wednesday...
UK FTSE 100 down 1.18 percent to 6155.81
The UK FTSE 100 dropped on Thursday by 1.18 percent, or 73.20 points, to 6155.81.
The drop came after the Bank of England voted to...
Bank of England votes to hold interest rates at 0.5 percent
The Bank of England voted in favor of keeping interest rates at a record-low of 0.5 percent.
Policymakers voted 8-1 to keep rates at the...
Russian recession for 2015 warning by Economy Ministry
The Russian Economy Ministry warns that the country is likely to slide into recession in 2015, and may shrink by 0.8%. It had previously...
Putin warns of ‘hard times’ in state-of-the nation address
In his state-of-the nation address to parliament at the Grand Kremlin Palace in Moscow, Russian President Vladimir Putin warned of hard times to come,...
UK industrial output plunged in July
UK industrial production in July was very weak and exports dropped the most in nine years, according to official figures released by the Office...
CEO of United Continental resigns amid federal investigation
Jeff Smisek has stepped down as Chief Executive of United Continental Holdings Inc amid a federal investigation.
Oscar Munoz, the Chief Operating Officer of CSX...