Saturday, October 5, 2013
Banks will return 7.675 billion euros (US$10.46 billion) of crisis loans early to the European Central Bank next week, the ECB said on Friday, driving the amount of excess liquidity down and closer to the threshold where market interest rates could rise.
New car sales in Britain soared to their highest level in more than five years last month, lifted by a brighter outlook for the economy, attractive financing deals and demand for new fuel-efficient models.
Ireland has agreed to sell a 20-year national lottery operating license for 405 million euros (US$552 million) to a joint venture that includes the owner of British operator Camelot, Ireland's spending minister said on Friday.
Friday, October 4, 2013
Britain, France and Germany are prepared to water down the EU's position on aviation emissions as a way to strike a global deal, after some regions threatened a trade war when the EU imposed restrictions on its own, sources close to the talks said.
The world's top diamond producer Alrosa said on Wednesday it would float 16 percent of its state and management-held shares as part of the Russian government's teetering privatization drive.
Wednesday, October 2, 2013
Growth in Britain's manufacturing sector eased slightly in September from a two-year high the month before, due to less robust export orders, a survey showed on Tuesday.
Eurozone unemployment dropped for the first time in more than two years to 12.0 percent in July against 12.1 percent the previous month, and then remained stable in August, official data showed Tuesday.
German unemployment registered a surprising rise in September due to a scaling back of job creation schemes, official data showed on Tuesday.
Tuesday, October 1, 2013
Inflation across the 17 countries that use the euro fell further below target in September, official figures showed Monday, news that could encourage the European Central Bank to cut interest rates again if the recovery across the eurozone stalls.
House prices in England and Wales posted their biggest month-on-month gain in more than six years in September, but talk of a price bubble is overdone, property analysis firm Hometrack said in a survey on Monday.