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  • A picture illustration of Euro banknotes taken in central Bosnian town of Zenica
    ECB raises growth forecasts, to start printing money next week Reuters - 4 hours ago

    NICOSIA/FRANKFURT (Reuters) - The European Central Bank will launch into quantitative easing next week having increased its economic growth forecasts for this year and next. President Mario Draghi said …

    A picture illustration of Euro banknotes taken in central Bosnian town of Zenica

    NICOSIA/FRANKFURT (Reuters) - The European Central Bank will launch into quantitative easing next week having increased its economic growth forecasts for this year and next. President Mario Draghi said the first bond purchases with new money would take place on March 9. The euro zone's central bank has said it will buy …

  • Bank of England keeps rates on hold Reuters - 5 hours ago

    By Andy Bruce LONDON (Reuters) - The Bank of England marked the sixth anniversary of the introduction of its lowest ever interest rate by standing pat once again on Thursday, but an improving economy …

    The Bank of England is seen, with a statue in the foreground, in the City of London

    By Andy Bruce LONDON (Reuters) - The Bank of England marked the sixth anniversary of the introduction of its lowest ever interest rate by standing pat once again on Thursday, but an improving economy suggests rates are likely to rise at some point over the next 12 months. While no economist polled by Reuters expects the …

  • World food prices continue to fall in February: U.N. FAO Reuters - 8 hours ago

    Global food prices fell 1 percent in February to their lowest in more than four-and-a-half years, with cereals, meat and sugar declining, oils steady and only dairy prices rebounding sharply, the United …

    A shop worker arranges packaged meat at a leading supermarket in Harare

    Global food prices fell 1 percent in February to their lowest in more than four-and-a-half years, with cereals, meat and sugar declining, oils steady and only dairy prices rebounding sharply, the United Nations food agency said on Thursday. The U.N. Food and Agriculture Organization's (FAO) price index, which measures …

  • China lowers economic growth target, promises to open more industries to foreign investment The Canadian Press - 10 hours ago

    BEIJING, China - China announced a lower economic growth target for this year and promised to open more industries to foreign investors as it tries to make its slowing, state-dominated economy more pr …

    China lowers economic growth target, promises to open more industries to foreign investment

    BEIJING, China - China announced a lower economic growth target for this year and promised to open more industries to foreign investors as it tries to make its slowing, state-dominated economy more productive....

  • Euro zone rebuffs Spanish talk of new Greek bailout Reuters - Wed, 4 Mar, 2015 12:39 PM EST

    By Andrés González and Philip Blenkinsop BARCELONA/BRUSSELS (Reuters) - Germany and the European Commission slapped down talk of a third financial rescue for Greece as premature, after Spain once again …

    A new 20 Euro banknote is presented at the Austrian national bank in Vienna

    By Andrés González and Philip Blenkinsop BARCELONA/BRUSSELS (Reuters) - Germany and the European Commission slapped down talk of a third financial rescue for Greece as premature, after Spain once again suggested on Wednesday that a new aid package for Athens was almost inevitable. Athens, which says it does not need a …

  • Retail sales in eurozone rise at fastest since May 2013, in latest sign of economic strength The Canadian Press - Wed, 4 Mar, 2015 8:45 AM EST

    LONDON - The 19-country eurozone's economy is kicking into a higher gear thanks to falling oil prices and the lower euro, but the recovery is still far short of that experienced by the U.S.

    A frayed EU flag flutters atop the Greek Ministry of Finance in central Athens

    LONDON - The 19-country eurozone's economy is kicking into a higher gear thanks to falling oil prices and the lower euro, but the recovery is still far short of that experienced by the U.S.

  • Cheap oil, lower interest rates are brightening outlook for global economy The Canadian Press - Wed, 4 Mar, 2015 8:43 AM EST

    WASHINGTON - From the United States to Asia to Europe, a global economy that many had feared was faltering appears poised for a resurgence on the strength of cheap oil and falling interest rates.

    Oil pump jacks are seen next to a strawberry field in Oxnard

    WASHINGTON - From the United States to Asia to Europe, a global economy that many had feared was faltering appears poised for a resurgence on the strength of cheap oil and falling interest rates.

  • After year of disasters, Malaysia Airlines faces crunch time as new CEO arrives for overhaul The Canadian Press - Wed, 4 Mar, 2015 3:51 AM EST

    KUALA LUMPUR, Malaysia - After a year of calamity, Malaysia Airlines is shrinking to survive.

    After year of disasters, Malaysia Airlines faces crunch time as new CEO arrives for overhaul

    KUALA LUMPUR, Malaysia - After a year of calamity, Malaysia Airlines is shrinking to survive.

  • Toyota promotes foreigners, including first woman, to top posts Reuters - Wed, 4 Mar, 2015 3:38 AM EST

    By Chang-Ran Kim TOKYO (Reuters) - Toyota Motor Corp on Wednesday promoted more foreigners to senior posts, including the first woman and first African-American to hold executive titles, diversifying …

    A Toyota Auris Hybrid Touring Sports car is pictured ahead of the 85th International Motor Show in Geneva

    By Chang-Ran Kim TOKYO (Reuters) - Toyota Motor Corp on Wednesday promoted more foreigners to senior posts, including the first woman and first African-American to hold executive titles, diversifying a management team long dominated by Japanese men. The world's biggest automaker appointed Europe chief Didier Leroy to …

  • Low inflation allows India's central bank to cut lending rate, support efforts to boost growth The Canadian Press - Wed, 4 Mar, 2015 1:02 AM EST

    NEW DELHI - India's central bank on Wednesday unexpectedly cut a key interest rate by a quarter percentage point, the second such reduction this year as the bank lends support to government efforts …

    The Reserve Bank of India (RBI) Governor Raghuram Rajan speaks during a news conference, after the bi-monthly monetary policy review, in Mumbai

    NEW DELHI - India's central bank on Wednesday unexpectedly cut a key interest rate by a quarter percentage point, the second such reduction this year as the bank lends support to government efforts to ...