India industrial output tipped to fall, raising stakes for rupee
NEW DELHI (Reuters) - India is expected on Monday to report a second straight contraction in industrial production in June, underscoring the challenge for policymakers to stabilise the battered rupee...
India's balance of payment problems hamper rupee rescue
MUMBAI (Reuters) - With only enough cash in the central bank to pay for seven months of imports, $172 billion (110.93 billion pounds) of debt due in the current fiscal year and weak fund inflows,...
Cashing in on health scares, China online food sales boom
BEIJING (Reuters) - Chinese consumers are responding to a powerful new marketing tactic that plays to a widespread fear of food contamination - the promise of safe groceries sold online....
Global Economy - Seeking European signs of sturdier global rebound
LONDON (Reuters) - A tentative view that the global economy is emerging from its lull could harden into conventional wisdom by the end of this week if, as expected, data show the euro zone's lengthy...
Insight - Flip that mansion: investors see riches in luxury U.S. homes
LOS ANGELES (Reuters) - Jan Brzeski stands in a sun-filled, beautifully refurbished living room high in the Hollywood Hills, looking out at a swimming pool and, miles (km) below, stunning views of...
Summers set to face uphill Fed battle
Former Obama adviser would be opposed by Democratic left and resisted by Republicans unhappy with his role in 2009 stimulus if nominated
Bundesbank report on Greece raises pressure on Merkel
BERLIN (Reuters) - German opposition parties accused Chancellor Angela Merkel on Sunday of lying before elections next month about the risks of a new bailout for Greece, after a magazine reported the...
France: No change to 2013 forecasts
France's finance minister denies that the eurozone's second-biggest country has revised down its economic prospects for 2013.
UK wages drop among worst in Europe
Wages in the UK have seen one of the largest falls in the European Union during the economic downturn, according to official figures.
UK wages drop among worst in Europe
Wages in the UK have seen one of the largest falls in the European Union during the economic downturn, according to official figures.
FxPro to dive into world of social trading
Online foreign exchange broker to launch ‘Super Trader’ platform in effort to appeal to investors who love Facebook and Twitter
FxPro to dive into world of social trading
Online foreign exchange broker to launch ‘Super Trader’ platform in effort to appeal to investors who love Facebook and Twitter
UK's Labour says Tesco and Next shun local workers
LONDON (Reuters) - Britain's opposition Labour party is to accuse supermarket giant Tesco and clothing retailer Next of turning away British workers where possible to exploit cheaper migrant labour....
Baffling recovery of profitless stocks
Financial groups are doing well, but those in other sectors are revising down their outlooks for earnings. So, what is driving the major indices?
Accountancy firms eye legal licence boost
Extension of lawyers’ advice privilege could inflame the heated debate over the role of the profession in helping to minimise tax bills
Oil majors spend more but find less
Poor results highlight how investments to extract oil from hard-to-reach places is putting a strain on majors, despite oil prices remaining high
Analysis - Financials near to regaining S&P 500's top spot
NEW YORK (Reuters) - It's hard to overstate the damage that the banking crisis caused financial stocks.
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For Dell, buyout uncertainty adds to poor PC sales outlook
SAN FRANCISCO (Reuters) - Months of public bickering, secretive backroom negotiations and eleventh-hour deals for control of Dell Inc belie the fact that the combatants are vying for a company facing...
Premier League warned over World Cup
The Premier League may have to accept the 2022 World Cup being held in winter, says Fifa vice-president Jim Boyce.
Premier League warned over World Cup
The Premier League may have to accept the 2022 World Cup being held in winter, says Fifa vice-president Jim Boyce.
Ex-Argentina central banker Blejer tipped for Israel central bank post
JERUSALEM (Reuters) - A former head of Argentina's central bank Mario Blejer has emerged as a top candidate to run the Bank of Israel after two nominees dropped out in an embarrassment to Prime...
France sees negative 2013 growth
France revises down its economic prospects for 2013, predicting negative growth for the first time since 2009.
Cable: RBS share sale five years off
The taxpayer's 81% stake in Royal Bank of Scotland will not be sold off in the next five years, according to Business Secretary Vince Cable.
Cable: RBS share sale five years off
The taxpayer's 81% stake in Royal Bank of Scotland will not be sold off in the next five years, according to Business Secretary Vince Cable.
Europe's slowdown forces Finland to turn to Russia again
HELSINKI (Reuters) - After decades of pursuing trade with western Europe, Finland is becoming dependent on Russia again as that country's burgeoning middle class and wealthy investors provide...
All aboard for Europe's shrinking bank branch network
MADERUELO, Spain (Reuters) - A queue of pensioners waits to board a brown and green bus in the medieval village of Maderuelo on Spain's arid central plains. It only comes once a month and won't take...
Pound, UK bonds to reconnect with British data after BoE guidance
LONDON (Reuters) - Recent forecast-busting UK economic numbers have had a muted impact on the currency and bond markets, but that is likely to change now the Bank of England has tied its "forward...
Banks cut 5,500 branches across Europe in 2012
LONDON (Reuters) - Banks cut 5,500 branches across the European Union last year, 2.5 percent of the total, leaving the region with 20,000 fewer outlets than it had when the financial industry was...
SNB says will keep cap on franc a top priority: paper
ZURICH (Reuters) - The Swiss National Bank will continue to enforce its cap on the Swiss franc for as long as it is necessary, the bank's vice chairman said in a newspaper interview on Sunday....
VIDEO: Ireland mulls salmon farm plan
Controversial plans to build a huge salmon farm off the west coast of Ireland are being considered by the government in Dublin.