The economy in the U.S. expanded more than forecast in the third quarter, capping its strongest six months in more than a decade, as gains in government spending and a shrinking trade deficit made up for a slowdown in household purchases.
Treasury five-year notes fell as a report showed growth in the U.S. economy grew more than forecast, underscoring investor confidence the Federal Reserve is on track to raise interest rates next year.
BT saw its profits surge by 13 per cent in the second quarter as thousands more households signed up for its superfast broadband and sports TV.
(Corrects spelling of Permian Basin in paragraph 10). * Anglo-Dutch oil major posts 31 pct rise in headline earnings. * Decline in oil prices offset by strong refining, oil production.
New National Australia Bank chief executive Andrew Thorburn has further demonstrated the intensity of his crusade to rid the organisation of its troubled and distracting British legacy assets and get on with the job of improving the core Australia and New ...