LONDON - British consumer morale edged down in December to reach its weakest level since March as optimism about the economy hit a 17-month low, a survey by polling company GfK showed on Friday.
SYDNEY - Asian shares enjoyed their best day in 15 months on Friday, after Wall Street boasted its biggest two-day advance since late 2011 amid relief the Federal Reserve was in no rush to withdraw stimulus from the U.S. economy.
SINGAPORE - Brent crude held below $60 (£38) a barrel near a 5-1/2-year low on Friday as a global oversupply of oil showed little sign of receding, even as companies cut upstream investments next year.
BEIJING - China has revised up the estimated size of its economy for 2013 by 3.4 percent to 58.8 trillion yuan (£6 trillion), the National Bureau of Statistics said on Friday, but said the revision will not affect economic growth this year.
TOKYO - The Bank of Japan maintained its massive monetary stimulus on Friday and offered a brighter view of the economy, clinging to hope that joint efforts with Prime Minister Shinzo Abe to revitalise the economy will prod companies into boosting wages and investment.
Thu, Dec 18 2014
LONDON - BP faces a first and heavy loss from its stake in Russia's Rosneft due to plummeting oil prices and a crumbling rouble, potentially forcing it to write down the value of its once-prized asset.
LONDON/DUBLIN - Aer Lingus has rejected a takeover approach from the owner of British Airways , which is keen to gain control of the Irish airline's slots at London's Heathrow Airport.
LONDON - The privatisation of Britain's Royal Mail could have raised an extra 180 million pounds, according to a government-commissioned report that largely endorsed the cautious approach by ministers in the 2-billion-pound sale.
BOSTON - JPMorgan Chase & Co will soon issue a report outlining improved controls it has been enacting in the wake of recent missteps, including its role in the 2008 financial crisis, according to a shareholder activist who has seen a draft.
SAO PAULO - Brazilian President Dilma Rousseff, dogged by a multibillion-dollar corruption scandal at state-run oil company Petrobras, vowed on Thursday to stamp out graft at the flagship firm and place it under strict corporate governance.