Editor’s Pick

By Andy Bruce and David Milliken LONDON (Reuters) -The Bank of England kept interest rates at 5.0% on Thursday, saying it would be careful about future cuts, and also held…

By Iain Withers LONDON (Reuters) – European banks may not be sufficiently provisioned for property loan defaults if severe pressure leads to rapid growth in problem loans, a report by…

(Reuters) – Traders on Thursday added to bets the U.S. Federal Reserve’s next rate cut will be smaller than the one it delivered on Wednesday, after economic data showed an…

By Libby George, Karin Strohecker and Uditha Jayasinghe LONDON (Reuters) – Sri Lanka reached a draft deal with creditors to restructure $12.5 billion of international bonds, it said on Thursday,…

(Reuters) – U.S. retail sales are expected to rise 3.2% in the holiday season as companies look to deals to attract thrifty shoppers during a shorter-than-usual shopping window this year,…

Investing.com — Both candidates for the upcoming U.S. presidential election are expected to widen the budget deficit, analysts at Danske Bank said in a Thursday note. Kamala Harris was seen…

OTTAWA, Sept 19 (Reuters) – Even though the Bank of Canada takes rate decisions on a consensus basis, this does not mean governing council members all share the same view…

(Reuters) – U.S. bank stocks rose in premarket trading on Thursday, a day after the Federal Reserve cut interest rates by 50 basis points, which is expected to reduce deposit…

FRANKFURT (Reuters) – The German economy could shrink again in the current quarter, given a deep industrial recession, subdued investment and abundant consumer caution, the Bundesbank said in a monthly…