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  • Irish government backs sale of Aer Lingus to IAG Reuters - UK Focus - 5 hours ago

    The Irish government agreed on Tuesday to sell its 25 percent stake in Aer Lingus to IAG, paving the way for the owner of British Airways and Iberia to make a formal bid for the Irish carrier. International Consolidated Airlines Group's (IAG) proposed 1.36 billion euro ($1.48 billion) offer for Aer Lingus was recommended …

  • South African growth slows to 1.3% as unemployment rises

    South Africa's gross domestic product slowed to 1.3 percent in the first months of 2015

  • UK inflation expectations slip in May - Citi/YouGov Reuters - UK Focus - 16 hours ago

    The British public's expectations for inflation in the next 12 months eased back in May, according to a survey published on Tuesday. The monthly Citi/YouGov poll found year-ahead inflation expectations ...

  • South African growth slows to 1.3% as unemployment rises

    South Africa's gross domestic product slowed to 1.3 percent in the first months of 2015

  • South African growth slows to 1.3% as unemployment rises

    South Africa's gross domestic product slowed to 1.3 percent in the first months of 2015

  • Africa seeks super banker to manage new economic frontier

    Nigerian Agriculture Minister and candidate for next president of the African Development Bank, Akinwumi Adesina, talks to the media in Paris on March 25, 2015

  • Why economists are questioning the UK's growth numbers Telegraph - Mon, May 25, 2015 20:10 BST

    As economists wrangle with GDP data on both sides of the Atlantic, can we rely on the economic data governments publish?

  • Africa's economy to strengthen in 2015 despite Ebola, oil price

    The latest economic forecast for Africa is a downward revision from projections made in 2014 which suggested the region's economy would expand by 5.7 percent this year

  • FOREX-Dollar in vogue on CPI boost and Yellen's comments, euro weakens Reuters - UK Focus - Mon, May 25, 2015 15:17 BST

    The dollar hit a one-month high against a basket of major currencies on Monday after stronger-than-expected underlying U.S. inflation bolstered the Federal Reserve's case for an interest rate hike later this year. Fed Chair Janet Yellen's comments that the central bank was poised to raise rates in 2015 also shored up sentiment …

  • FOREX-Dollar back in vogue on CPI boost, Yellen's comments Reuters - UK Focus - Mon, May 25, 2015 12:09 BST

    The dollar hit a one-month high against a basket of major currencies on Monday after stronger-than-expected underlying U.S. inflation bolstered the Federal Reserve's case for an interest rate hike later this year. Fed Chair Janet Yellen's comments that the central bank was poised to raise rates in 2015 also shored up sentiment …

  • Finance ministers from the world's largest developed economies meet in Germany this week against a backdrop of faltering global growth, scant inflationary pressures and a bond market in turmoil. Figures due on Friday from the United States that will almost certainly show the world's biggest economy contracted last quarter …

  • FOREX-Dollar hits 2-month high vs yen after CPI boost Reuters - UK Focus - Mon, May 25, 2015 04:40 BST

    The dollar marched to a two-month high versus the yen on Monday and carved out fresh ground against other major currencies after stronger-than-expected underlying U.S. inflation supported the Federal Reserve's case for a rate hike later this year. "Whether the dollar can breach the 122.04 yen threshold depends on upcoming …

  • FOREX-Dollar hovers at 2-month high vs yen after CPI boost Reuters - UK Focus - Mon, May 25, 2015 01:36 BST

    The dollar hovered at a two-month high versus the yen and stood firm against other peers after surging on a higher-than-expected U.S. core consumer price index that supported the Federal Reserve's case for a rate hike later this year. Data on Friday showed the core U.S. CPI increased 0.3 percent in April amid rising shelter …

  • HSBC fears world recession with no lifeboats left Telegraph - Sun, May 24, 2015 18:00 BST

    The world authorities have run out of ammunition as rates remain stuck at zero. They have no margin for error as economy falters

  • Brazil autoworkers fearful of future amid sales slump

    Confronting the automobile slump in Brazil, major automakers such as Ford, have placed thousands of employees on mandatory leave

  • Pakistan cuts interest rates to historic low AFP - Sat, May 23, 2015 21:34 BST
    Pakistan cuts interest rates to historic low

    A Pakistani resident withdraws currency from an ATM in Islamabad on March 6, 2015

  • UK growth outpaces Germany Telegraph - Sat, May 23, 2015 20:04 BST

    The UK outstripped the German economy at the start of the year, economists say

  • GLOBAL MARKETS-Stocks dip, bonds fall as CPI keeps Fed on course Reuters - UK Focus - Fri, May 22, 2015 21:26 BST

    Global equity markets dipped but remained near record highs on Friday after Federal Reserve Chair Janet Yellen said she expected U.S. interest rates to rise this year, a view that lifted bond yields and was bolstered by rising core consumer prices. Yellen's tone on when the rate lift-off would begin appeared stronger, …

  • 5 Things to Watch on the Economic Calendar The Wall Street Journal - Fri, May 22, 2015 21:22 BST

    The U.S. workweek starts a day late as businesses close for Memorial Day. The shortened week is still long on data. We will get a second look at the first quarter and new readings on home demand and consumer optimism.

  • The yield on 10-year US Treasury notes retreated by six basis points to 2.19% on Thursday, with that on the thirty-year long bond coming off by a similar amount to hit 2.99% by the close of trading.

  • Brazil unveils cuts as IMF urges fiscal discipline

    IMF Managing Director Christine Lagarde delivers a speech during the XVII Annual Seminar of aims for inflation at the Central Bank in Rio de Janeiro on May 22, 2015

  • Firmer underlying inflation keeps Fed on rate hike path Reuters - UK Focus - Fri, May 22, 2015 19:18 BST

    Rising shelter and medical care costs boosted underlying U.S. inflation pressures in April, a welcome sign for the Federal Reserve as it contemplates raising interest rates this year. The Labor Department said on Friday its Consumer Price Index, excluding food and energy, increased 0.3 percent last month. It was the largest …

  • US STOCKS-Wall St lower after CPI data; Yellen speech awaited Reuters - UK Focus - Fri, May 22, 2015 16:42 BST

    * Yellen speaks at 1:00 p.m. May 22 (Reuters) - U.S. stocks fell in late morning trading on Friday, retreating from recent record highs, as investors await Federal Reserve Chair Janet Yellen's economic outlook for clues on the timing of a rate hike after new data showed a rise in inflation. Yellen is expected to highlight …

  • The US consumer price index (CPI) rose 0.1% month-on-month in April, easing back from a 0.2% in March, as forecast by analysts.

  • 1457: Germany's finance ministry has denied rumours cited by Bloomberg that Greece will need a new currency if talks with lenders fail. The BMF tweeted Bloomberg, saying its report is "inaccurate". ...

  • US inflation steadies in April AFP - Fri, May 22, 2015 15:36 BST
    US inflation steadies in April

    US consumer prices edged up only slightly in April, with food prices remaining flat

  • US STOCKS-Futures turn negative as core inflation rises Reuters - UK Focus - Fri, May 22, 2015 14:09 BST

    * Yellen speaks at 1:00 p.m. May 22 (Reuters) - U.S. stock futures reverse course to trade lower on Friday after data showed consumer prices moderated in April but core inflation rose, suggesting the Federal Reserve would remain on track to raise interest rates later this year. The Labor Department said its Consumer Price …

  • U.S. consumer prices soft, underlying inflation pushes up Reuters - UK Focus - Fri, May 22, 2015 13:40 BST

    U.S. consumer prices moderated in April on weak gasoline prices, but rising shelter and medical care costs boosted underlying inflation pressures, which should keep the Federal Reserve on course to raise ...

  • World shares neared record highs and bond yields fell on Friday, as investors shrugged off slowing global growth and focused instead on the continued stimulus provided by the world's major central banks. U.S. futures pointed to a slightly positive open on Wall Street, after the S&P 500 hit an all-time high on Thursday. …

  • FOREX -Dollar surge cools, eyes on Yellen, inflation Reuters - UK Focus - Fri, May 22, 2015 12:50 BST

    The dollar fell on Friday but remained on course for its first week of gains since the start of April ahead of inflation numbers that may add to concerns over the pace of U.S. economic growth. For the week it is up more than 1 percent against the yen.

  • Bank of Japan holds fire on stimulus after upbeat GDP data

    Governor of the Bank of Japan (BoJ) Haruhiko Kuroda says the economy has been steadily improving

  • European stocks were little changed in early trade, as investors erred on the side of caution ahead of speeches from European Central Bank president Mario Draghi, Bank of England governor Mark Carney and ...

  • ECB's Draghi lobs ball back to governments on reforms

    European Central Bank President Mario Draghi says the outlook for the eurozone is the brightest in sevene years

  • Japan Holds Fire On Further Fiscal Stimulus Sky News - Fri, May 22, 2015 09:44 BST
    Japan Holds Fire On Further Fiscal Stimulus

    The Bank of Japan has decided not to introduce more fiscal stimulus, days after the country showed improved first quarter GDP growth. On Wednesday the government released figures showing Japan's economy, which sank into a brief recession last year, expanded by a better-than-expected 0.6% from the previous quarter. Japan’s …

  • UK public finances improve more than expected in boost for Osborne Reuters - UK Focus - Fri, May 22, 2015 09:30 BST

    Britain's public sector budget deficit narrowed more than expected in April, giving finance minister George Osborne a boost as he renews his push to fix the country's public finances. The Office for National Statistics said public sector net borrowing, excluding state-controlled banks, totalled 6.8 billion pounds in April, …

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