LONDON Britain's economy slowed in April and may stall as consumers worry about June's EU referendum, reaching levels at which in the past the Bank of England began to consider rate cuts, a survey of the dominant services industry showed.
NEW YORK U.S. stocks ended steady on Thursday as a mixed quarterly earnings season winds down, but Treasury yields fell to two week lows as investors hedged positions ahead of the monthly U.S. government employment report due on Friday.
LONDON/DUBAI As OPEC officials gathered this week to formulate a long-term strategy, few in the room expected the discussions would end without a clash. But even the most jaded delegates got more than they had bargained with.
LONDON Britain's biggest telecoms provider BT said it is prepared to spend 6 billion pounds on rolling out more super fast fiber and 4G mobile in the next three years, provided the regulator allows it to retain control of its networks.
News Corp , owner of the Wall Street Journal and book publisher HarperCollins, reported its fifth drop in quarterly revenue in a row as print ad sales declined and a strong dollar hit income from outside the United States.
PALO ALTO, Calif./WASHINGTON Britain's vote in June on whether to leave the European Union is shaping up to be the next global event to impact the U.S. central bank's decision-making on when to next raise interest rates.
NEW YORK Oil prices surged on Thursday after a raging wildfire near Canada's oil sands region curbed output that mainly flows to the United States, before settling off their highs as a rebounding dollar and a huge U.S. stockpile build cut into gains.
DUBAI The Saudi Stock Exchange has selected HSBC Saudi Arabia to advise on its own planned flotation scheduled for 2018, the exchange, known as Tadawul, said in a statement on Thursday.
LONDON Britain's largest energy supplier Centrica raised 750 million pounds in a surprise share sale on Thursday to pay off debt and protect its credit rating after being hit by weak energy prices and tough retail market competition.