FRANKFURT, Germany (AP) - Inflation crept higher in the 18 countries that use the euro in October - but the rise to an annual 0.4 percent offered little relief to the European Central Bank as it tries to boost a weak economy.
Britain's biggest banks will be hit with a basic leverage ratio of 4.05 percent, less than analysts had expected, as regulators try to strengthen the financial system from shocks.
The UK is taking steps to repay the �2bn debt it originally borrowed to finance the First World War. The debt had not previously been paid off because the Government has to pay relatively little interest on it, having paid a total of �1.26bn since 1917.
The threat of a triple-dip recession in the eurozone, civil unrest in China and the Ebola crisis have created an unprecedented number of headwinds for the global economy, according to the chief executive of WPP.
LONDON� Royal Bank of Scotland Group PLC on Friday said it set aside �400 million ($640 million) to cover potential fines for the alleged manipulation of foreign-exchange rates, as the U.K.