The Tata Steel plant is seen in Scunthorpe northern England, October 15, 2014.  REUTERS/Phil Noble

Rapid UK economic growth slows in third quarter

Britain's rapid economic recovery eased during the third quarter, as services output growth slowed and manufacturing expanded at the weakest pace in 18 months, official data shows.  Full Article 


Cost of insuring against Tesco default leaps 12:22pm BST

LONDON - The cost of insuring against Tesco defaulting on its debt shot up on Friday, after ratings agency Moody's downgraded Britain's biggest grocer and left the troubled group hovering one notch above junk status.

A woman wlalks into a branch of TSB bank in London May 27, 2014.  REUTERS/Neil Hall

TSB wins customers in challenge to big banks

New bank TSB says it is picking up nearly one in ten of all new current accounts being opened in the UK, swelling its deposit base as competition intensifies for the country's biggest lenders.  Full Article 

Raquel Mejias, 39, who is HIV positive and has one lung, waits before learning that her eviction was suspended in Madrid, in this October 2, 2014 file photo.   REUTERS/Andrea Comas/Files

Why Madrid's poor fear Goldman Sachs

MADRID - After Madrid’s city and regional governments sold almost 5,000 rent-controlled flats to investors including Goldman Sachs and Blackstone, thousands of Spain’s poor now depend for their homes on the generosity of private equity.  Full Article 

A trader speaks on the phone under the DAX index board at Frankfurt stock exchange June 5, 2014. REUTERS/Ralph Orlowski

Investors pin hopes on Europe and Japan

NEW YORK - Some very big investors are betting on an upswing in two problematic parts of the world right now, Europe and Japan, their confidence bolstered by the brisk money-printing from central banks in both regions.  Full Article 

China's President Xi Jinping (front C) poses for photos with guests at the Asian Infrastructure Investment Bank launch ceremony at the Great Hall of the People in Beijing October 24, 2014.  REUTERS/Takaki Yajima/Pool

China launches World Bank rival in Asia

SHANGHAI - Australia, Indonesia and South Korea skip the launch of a China-backed Asian infrastructure bank as the United States says it has concerns about the new rival to Western-dominated multilateral lenders.  Full Article 

Screen shot from Reuters video

Deep sea 'mushroom' may be part of tree of life

Miniature deep sea animals discovered off the Australian coast almost three decades ago are puzzling scientists, who say the organisms have proved impossible to categorise. Further information on Dendrogramma enigmatica could answer key evolutionary questions.  Video 

Tottenham Hotspur's Erik Lamela celebrates scoring a goal against Asteras Tripolis during their Europa League soccer match at White Hart Lane in London October 23, 2014. REUTERS/Dylan Martinez

Stellar Lamela produces goal of the season

With one jaw-dropping moment of skill and dexterity Erik Lamela installs himself as an early favourite to win FIFA's goal of the year award -- and at the same time ensures the term "rabona" becomes the buzzword of football's lexicon.  Full Article | Related Video