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  • Oil down to near $93 on Chinese recovery concerns

    The price of oil fell to near $93 a barrel on Thursday after a survey showed manufacturing activity in China falling to its lowest level in seven ... 

  • Oil stays near $96 before crude stocks report, Fed

    The price of oil was little changed above $96 a barrel Wednesday as investors waited confirmation of a rise in U.S. crude stocks and the Federal ... 

  • Oil price down to near $96 as traders wait for Fed

    The price of oil fell to near $96 per barrel Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy. By early ... 

  • British inflation eases by more than expected

    Official figures show that consumer price inflation in Britain eased in April, largely on the back of lower fuel prices and airfares. The Office for ... 

  • Oil price falls below $96 a barrel

    The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a ... 

  • Oil gains to near $96 as investors eye US economy

    The price of oil rose to near $96 a barrel on Friday ahead of the release of Conference Board's index of leading indicators for the U.S. economy. 

  • Oil falls below $94 a barrel amid high supplies

    The price of oil slipped below $94 a barrel Thursday as traders digested discouraging economic data from the United States and Europe and U.S. 

  • Mervyn KinG

    Bank of England sees 'modest, sustained' recovery

    The Bank of England predicted a modest and sustained economic recovery for Britain on Wednesday, but tempered hope that the worst might be over with ... 

  • Oil falls below $93 on Europe, US economic news

    The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S. By late morning in New York, benchmark oil ... 

  • German inflation drops to near 3 year low

    Inflation in Germany, Europe's largest economy, has hit its lowest rate in nearly three years largely on the back of a fall in fuel costs. The Federal ... 

  • Yen in focus as G-7 discusses nurturing recovery

    Financial leaders from the world's top seven developed economies are gathering in the U.K. to discuss how to shore up the global recovery just as the ... 

  • Oil drops below $95 a barrel as dollar rises

    The price of oil dropped below $95 a barrel on Friday as a strengthening dollar made crude more expensive for traders using other currencies. By early ... 

  • Oil down near $96 per barrel after supplies uptick

    The price of oil fell closer to $96 a barrel on Thursday after reports showed supplies of U.S. crude rose last week and inflation accelerated in China 

  • Asia stocks rise after Dow hits another record

    Asian stock markets rose Thursday on the heels of another record high on Wall Street and an interest rate cut in South Korea to boost economic growth. 

  • Oil slips toward $95 as US supplies seen rising

    The price of oil slipped closer to $95 a barrel Wednesday as investors weighed a rise in China's trade data against expectations of another increase ... 

  • Oil down toward $95 as US jobs momentum fades

    The price of oil edged down on Monday as enthusiasm over last week's strong U.S. jobs report faded. The benchmark oil contract for June delivery was ... 

  • Mario Draghi

    Key quotes from ECB head Draghi's press briefing

    At his monthly news conference following the European Central Bank's policy-setting meeting, President Mario Draghi on Thursday answered questions ... 

  • Text of statement by ECB President Mario Draghi

    Below is the full text of the statement that European Central Bank President Mario Draghi delivered at his press conference on Thursday. "Ladies and ... 

  • Oil trades above $91, recovering from big drop

    The price of oil made gains above $91 per barrel Thursday, rebounding from a steep drop, as the European Central Bank cut its key interest rate to a ... 

  • ECB weighs rate cut as eurozone economy struggles

    Economists say the European Central Bank could cut interest rates as soon as Thursday because of fears that the euro area's economy isn't recovering ... 

  • Oil sinks to near $92 on China manufacturing data

    The price of oil dropped to near $92 a barrel on Wednesday after data showed a slowdown in China's manufacturing growth and a rise in U.S. 

  • Gordon Charlop

    Markets steady despite growing ECB rate cut talk

    European markets steadied Tuesday following a strong performance the previous session despite growing expectations of an interest rate reduction from ... 

  • Eurozone inflation falls to 3-year low in April

    Expectations are mounting that European Central Bank will cut interest rates this week after figures Tuesday showed inflation in the euro area at a ... 

  • German inflation down, door open for ECB rate cut

    The European Central Bank has a freer hand to cut its key interest rate now that official figures show German inflation dropped to an annual 1. 

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