UK manufacturing growth at three-month high

The UK manufacturing activity grew at its fastest pace for three months in October, despite a sharp fall in export orders, a survey has indicated.

European stock markets recover after another day of tumbles

Leading shares in London clawed back most of their early losses at the close after another day of market turmoil caused by renewed concerns about the eurozone economy and fears about the prospects for global growth.

IMF chief: eurozone showing symptoms of Japan’s chronic economic ills

Christine Lagarde, the head of the International Monetary Fund, has warned that the eurozone is displaying the symptoms of Japan’s longstanding economic problems and needs fresh moves to avert the threat of recession.

Central banks in Europe keep rates on hold

The European Central Bank and the Bank of England left their benchmark interest rates unchanged Thursday, while both move towards issuing more Fed-style guidance on future policy plans.

UK trade deficit narrows but remains on track for another poor year

Britain's trade deficit narrowed slightly in November, but remained on track to record another poor year for the balance of payments.

ECB plan pushes euro to two-month high against dollar

The euro has strengthened to a two-month high against the US dollar, as the European Central Bank's bond-buying plans continued to please the markets.

OECD issues stark warning on global economy

PARIS (AP) — The Organization for Economic Cooperation and Development said Monday policy makers around the world must "be prepared to face the worst," as the economic impact of Europe's debt crisis threatens to spread around the developed world.