Saturday's attack is the biggest on Saudi oil infrastructure since Saddam Hussein's invasion of Kuwait in 1990.Energyread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
"Blaming Iran won't end disaster. Accepting our April '15 proposal to end war & begin talks may," Zarif said on Twitter.Energyread more
Oil prices are expected to jump as much as $10 per barrel after a coordinated drone strike hit Saudi Arabia's largest oil field, forcing the kingdom to cut its oil output in...Marketsread more
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
The Bank of England (BoE) left interest rates at a record low of 0.5 percent and its asset purchase target unchanged at £375 billion as expected on Thursday.
Yields on benchmark 10-year U.K gilts were relatively unchanged, holding steady at 2.708 percent. Sterling also showed little movement against the dollar, ticking slightly lower to $1.606 after starting Thursday's session at $1.608.
The focus will now shift to the inflation report due on Wednesday 13 November with Governor Mark Carney likely to give an update on growth forecasts and any updates on policy.
(Read More: Bank of England:2014 rate rise very unlikely)
Markets hadn't expected any change in policy from the central bank on Thursday with its "forward guidance" stipulation effectively detailing how it intends to proceed with the fragile U.K. recovery for the next few years.
(Read More: Mark Carneypushes ahead with Bank of England review)
Under the new governor's leadership, the bank has said it will not consider raising interest rates from their current 0.5 percent until the jobless rate falls to 7 percent, which the bank does not expect to happen before the end of 2016.
Market watchers however, have been left bemused as to how the BoE can stick to its interest rate plan when data continue to surprise on the upside. Some wonder if Carney "jumped the gun" and will have to alter promises with the improving U.K. economy.
(Read more: Mark Carney: the'George Clooney' of banking?)
The latest data for the U.K. this week has continued to dazzle onlookers. Activity in Britain's services sector increased at the fastest rate since May 1997 last month, a closely watched survey showed on Tuesday.
James Knightley, U.K. economist at ING Wholesale Banking, told CNBC on Tuesday that U.K. employment and investment spending will pick up as services grow strongly and that growth will be stronger than in most developed countries.
By CNBC.com's Matt Clinch.Follow him on Twitter