UK retail sales surged in November, growing at the fastest pace in a decade as consumers took advantage of pre-Christmas discounts.
Russian president Vladimir Putin has lashed out at the Western powers for imposing a new �Berlin Wall� across Europe and warned the Russian people to brace for two years of hardship, admitting that sanctions are doing more damage than orginally thought.
The North Sea oil industry is �close to collapse�, an expert has warned, as a slump in prices piles pressure on drillers to cut back investing in the region.
ZURICH (Reuters) - Denise Anderegg is happy enough about the Swiss National Bank's decision to charge banks for deposits. The pensioner remembers the 1970s when Swiss authorities last used negative interest rates to deter investors from using their ...
LONDON, Dec 18 (Reuters) - Britain's main equity index enjoyed one of its best days so far this year on Thursday, as the U.S. Federal Reserve's pledge for a "patient approach" to any interest rate increase lifted stock markets around the world.