Switzerland's central bank has introduced a negative interest rate on deposit accounts as it battles to ease the pressure on the Swiss franc.
Retail sales climbed at their strongest pace for 11 months in November as the high street was boosted by the �Black Friday� surge, official figures showed today.
International Consolidated Airlines Group, the parent company of British Airways and Iberia, is weighing a takeover offer for Irish carrier Aer Lingus, according to people familiar with the situation.
Federal Reserve Chair Janet Yellen restored clarity to the central bank's monetary policy plans, saying it was on course to raise interest rates, though not right away, after officials issued a statement that some Fed-watchers found confusing.
The UK's oil industry is "close to collapse" but the falling oil price could have a net benefit to the UK economy, according to experts.