Mario Draghi said inflation expectations have deteriorated across the euro area and signaled policy makers are ready to add fresh monetary stimulus.
Labour's pledge to ban rogue energy firms came in the same week in which yet another energy giant was lambasted by Ofgem. The regulator has forced EDF, one of the "big six", to pay out �3m for breaching complaint-handling rules.
Upmarket cooker maker AGA Rangemaster (LON:AGA) said new product launches were behind a strong first half showing. Operating profits rose 60% to �2.4mln, as it said its full-year performance would be �well ahead of last year�.
Though the unemployment rate has steadily dropped, Yellen suggested that other gauges of the job market have become harder to assess and may reflect persistent weakness.
The London Stock Exchange is raising �938 million from shareholders in a rights issue to help fund a �1.6 billion acquisition. The LSE said in late June it was buying index compiler and asset manager Frank Russell Company, from Northwestern Mutual.