Economy News

By Annika Breidthardt BERLIN (Reuters) - Germany is banking on bilateral deals to fight record youth unemployment in the euro zone, agreeing to cooperate with More »

After all the fuss the International Monetary Fund has made over the past month about the need for the UK to change course on austerity, and about how George More »

By Stanley White TOKYO (Reuters) - The Bank of Japan vowed on Wednesday to take necessary steps to reduce volatility in bond markets that has threatened to More »

NICOSIA (Reuters) - Cyprus faces substantial risks to its economic outlook and a forecast recession could be deeper than forecast, its central bank governor said in More »

By Olesya Dmitracova and Christina Fincher LONDON (Reuters) - British retail sales dropped at their sharpest pace in a year last month, a reminder of weakness in More »

LONDON (Reuters) - The Bank of England's top policymakers remained split 6-3 against restarting its bond purchase programme for a fourth month in a row in May, amid More »

By Masayuki Kitano and Vidya Ranganathan SINGAPORE (Reuters) - Some Asian stock markets rose on Wednesday following a positive lead from Wall Street, with Japan's More »

By Tetsushi Kajimoto TOKYO (Reuters) - Japan's exports rose less than expected in April from a year earlier due to weak demand from Europe and China, highlighting More »

By Ryan Vlastelica NEW YORK (Reuters) - Stock markets around the world edged higher on Tuesday amid signs of improving growth, even though questions about monetary More »

(Reuters) - Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily More »

By Leila Lemghalef MONTREAL (Reuters) - Europe could face a decade of stagnation unless it makes big reforms and it should heed the lessons of Japan, Bank of Canada More »

By Paul Carrel and Eva Kuehnen FRANKFURT (Reuters) - A top U.S. Federal Reserve official urged the European Central Bank on Tuesday to consider employing a More »

Sir George Buckley, one of Britain's most seasoned industrialists, has been shortlisted for the top boardroom job at Smiths Group, the FTSE-100 engineering and More »

By David Brett LONDON (Reuters) - The FTSE top share index closed within sight of its all-time high on Tuesday, lifted by mining stocks and positive corporate news More »

LONDON (Reuters) - Britain stood its ground on its approach to fixing the weak economy on Tuesday, a day before the International Monetary Fund is expected to call More »

Plunging fuel and air fare costs helped inflation ease for the first time in six months in April but economists warned the squeeze on earnings is set to intensify More »

By Jennifer Clark MILAN (Reuters) - Truck and tractor maker Fiat Industrial intends to move its tax residence to the UK from Italy after its planned merger with More »

By Christina Fincher and Olesya Dmitracova LONDON (Reuters) - Inflation fell twice as fast as expected last month, giving incoming Bank of England governor Mark More »

FRANKFURT (Reuters) - Germany, the euro zone's largest economy, is on track for a solid recovery thanks to a pick-up in demand for its products from abroad, the More »

By Fiona Lau and Elzio Barreto HONG KONG (Reuters) - Goldman Sachs Group Inc raised $1.1 billion (721.1 million pounds) by selling its remaining shares in More »

By Tetsushi Kajimoto TOKYO (Reuters) - Japan's exports are expected to have risen in April from a year earlier for a second straight month led by U.S.-bound More »