European Central Bank keeps interest rates at 0.25%

The European Central Bank (ECB) has kept its benchmark interest rate at its record low of 0.25%. The bank slightly raised its forecast for growth to 1.2% in 2014, but dropped its inflation estimate.

ECB under growing pressure to cut rates

FRANKFURT: The heat is on the European Central Bank to cut rates amid growing deflationary fears in Europe, but analysts are divided over whether it will act as soon as this week.

Recent UK manufacturing growth spurt fails to offset year's earlier falls

A recent rise in manufacturing output failed to override a bad year for Britain's factories, according to official figures on Friday.