The US Federal Reserve heralded the beginning of the end for its third round of quantitative easing as Ben Bernanke said it could slow the $85bn-a-month pace of asset purchases �in the next few meetings� if the labour market is strong.

Thursday 08.00 BST. Global stocks are in sharp retreat, led by a savage plunge in Tokyo, as traders are spooked by the prospect of reduced central bank support and a slowing Chinese economy.

PARIS - French prosecutors were grilling IMF chief Christine Lagarde in a Paris court on Thursday as they seek to determine whether she should be charged over a state payout to disgraced tycoon Bernard Tapie during her time as finance minister.

Mark Carney, says the UK is a "crisis economy" as it struggles to emerge from the global recession and the IMF says George Osborne needs to change tack.

The airline Flybe is dropping its direct flights from Belfast City Airport to London Gatwick from the end of the March 2014. The route has been axed after the Exeter-based company sold its runway slots at Gatwick Airport.

HONG KONG | Thu May 23, 2013 9:07am BST. HONG KONG May 23 (Reuters) - Hong Kong shares suffered their worst daily loss in seven weeks on Thursday after a preliminary private survey suggested manufacturing activity in China contracted in May for ...

I never set out to be the biggest critic of Ocado. I am a big believer in online retailing, how its growth will improve people's lives and also destroy many household names.

Thu May 23, 2013 2:57am EDT. LONDON May 23 (Reuters) - British bicycles-to-car-parts group Halfords unveiled a plan to cut its dividend and invest in the group as part of a three-year turnaround plan designed to push sales to the 1 billion pound ($1.50 ...

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The timing of Easter and the freezing weather seen at the start of the month caused retail sales to fall by 2.2 per cent on an annual basis.