Wednesday, May 28, 2014
A proposed solution to a dispute over Ukrainian natural gas debts to Moscow would see Ukraine's gas company pay US$2 billion to Russia's Gazprom this week and trigger talks on the price Kiev should pay for future deliveries as it tries to avert a supply cutoff, a top European Union official said Monday.
Tuesday, May 27, 2014
Consumer confidence in Germany remains steady following recent gains, a new poll found on Monday.
Monday, May 26, 2014
Once the preserve of the ultra-rich and celebrities, a flight on a private jet is now available for as little as 550 euros an hour, with technology and competition helping to bring down sky-high prices.
Saturday, May 24, 2014
Standard & Poor's rating agency has upgraded Spain's sovereign credit grade a notch, the third agency to do so in recent months and a further sign the country is turning the corner after five years of economic turmoil.
The German Ifo business confidence fell in May, data showed on Friday, as companies become less optimistic about their future business development.
Friday, May 23, 2014
Britain's retail sales soared in April, official data showed Wednesday, as the Bank of England appeared a step closer to raising its record-low interest rate.
Eurozone business activity slipped slightly in May but held near a three-year high, suggesting a modest economic recovery remains on track, a closely watched survey showed on Thursday.
Wednesday, May 21, 2014
Over a full year, Britain led top economies, growing by 3.1 percent, far outpacing the OECD average.
Britain's 12-month inflation accelerated in April for the first time for 10 months, lifted by the later timing of Easter, official data showed on Tuesday.
Tuesday, May 20, 2014
A group of 21 European central banks said on Monday they have no plans to sell “significant” amounts of gold over the next five years.