International shipping companies have resumed deliveries of cocoa from the world’s largest supplier but analysts say the commodity will remain volatile for the foreseeable future.
Financial bookmakers expect the leading European benchmark indexes to rally on Thursday, tracking gains on Wall Street after the Fed signaled it would not raise rates.
Should we congratulate or commiserate? .....That the Federal Resereve does it too now. That the Fed has decided to flank its policy decisions by regular press briefings from now on.
High production costs and supply constraints caused by the Japanese Earthquake could slow any nascent revival in UK manufacturing, according to the Confederation of British Industries.
As we await Ben Bernanke’s first ever press conference this afternoon, the debate over whether the Federal Open Market Committee (FOMC) should extend unconventional measures rages on.
European stocks were set for a mixed open Wednesday, with Germany’s Dax indicated to open higher, while London’s FTSE and the Paris Cac-40 were on course for a slightly lower open.
With Mario Draghi, Italy’s central bank chief, looking almost certain to become its next president, the European Central Bank is set for a significant change of style – but not necessarily in strategic direction, the FT reports.
European shares were set to slip on Tuesday, tracking falls on Wall Street and in Asia as investors take a cautious stance ahead of the start of the latest Federal Reserve meeting.
The most sought-after pundits have been signed to long-term contracts worth over $100,000; some even have deals with several outlets. "As long as you have an English accent," one expert joked, "you'll work." The New York Times reports.
Widespread expectations of a Greek debt deal are clouding the outlook for the euro. But it might not be as painful as some investors think.
Shares in mining company BHP Billiton will not climb far beyond the levels it is currently trading at and prices are likely to come down in the next six months, Steven Mayne, director of Mayne Financials, told CNBC.
European stocks were indicated to open higher in the last day of a holiday-shortened week, after hitting a one-week closing high Wednesday.
UK Prime Minister David Cameron ruled out any bid by former Prime Minister Gordon Brown to take the top job at the International Monetary Fund (IMF) on Tuesday, saying Brown was in denial about the economic crisis.
The International Monetary Fund (IMF) sees no reason for a restructuring of Greece’s debt at the present time, John Lipsky, first deputy managing director of the organization told CNBC.
Syngenta on Friday reported 13 percent rise in first-quarter sales which beat analysts' expectations and said it continued to see strong growth in emerging markets.
Back in 1997, Thailand commenced its own banking crisis. The conventional wisdom was that the Thai economy was too small to affect other countries in the region. Nevertheless, the Asian crisis was soon in full swing, bringing down governments and moving from South East Asia to the whole of the region.
In 2009, as the financial crisis entered its darkest days, G20 leaders descended on London for a meeting aimed at bringing the world economy back from the brink.
It is the trillion dollar question that is stalking markets across the world. Can the global economy stand on its own two feet once the Federal Reserve, and other central banks, step back from extraordinary measures to boost growth?
As austerity measures kick in and the euro zone debt crisis begins to really bite voters where it hurts, in the pocket, extreme political parties are becoming mainstream, warns Dylan Grice, a strategist at Societe Generale in Paris.
“It’s the brave action of this government that has lifted our country out of the danger zone,” said UK Prime Minister David Cameron in a speech in Manchester on Monday. The problem with this message is the data just keeps getting worse.