MOSCOW - President Vladimir Putin assured Russians on Thursday that the economy would rebound after the rouble's dramatic slide this year but offered no remedy for a deepening financial crisis. | Video
LONDON - The FTSE 100 enjoyed one of its best days so far this year on Thursday, as the U.S. Federal Reserve's pledge for a "patient approach" to any interest rate increase lifted stock markets around the world.
The Swiss National Bank announces a negative interest rate for the first time since the 1970s, hoping that by forcing banks to pay to deposit francs it can stem a flight to the safe-haven currency sparked by euro zone fears and the crisis in Russia. Video | Full Article
British investment managers have increased exposure to stocks in December as prospects for monetary stimulus in Europe and Japan and economic recovery in the United States and Britain bode well for corporate profits, a Reuters poll shows. Full Article