Economic News
May, Juncker set for more Brexit talks in Brussels
UK Prime Minister Theresa May was set to hold more Brexit talks with European Commission President Jean-Claude Juncker on Wednesday, as UK Foreign Secretary Jeremy Hunt said an agreement on the Irish backstop would help Britain meet its March 29 departure date.
UK wage growth remains well ahead of inflation
UK wage growth remained at its post-crisis high at the end of last year, as employment rose but productivity softened.
Bernie Sanders to run for president in 2020
Bernie Sanders announced on Tuesday that he will run again for the Democratic nomination in the 2020 US Presidential elections.
Europe midday: Stocks drop as investors assess damage from global slowdown
Stocks across the Continent are slipping lower as investors try to gauge the likely extent of the ongoing economic slowdown and wait for fresh headlines out of the trade talks between the US and China, which were set to resume later in the day, in Washington DC.
Jefferies stays at 'underperform' on StanChart ahead of full-year results
Analysts at Jefferies sounded a cautious note on shares of StanChart again on Tuesday, pointing to the declining trend in consensus estimates for the lender and the multiple hurdles that it was facing in terms of growing its revenues, which they said may necesitate a downgrade of management's expectations.
Three policemen killed in Cairo suicide bombing
Three policemen were killed in a suicide bombing near Cairo’s famed tourist market late on Monday night, in an attack that also wounded two other policemen and a woman, according to Egyptian officials.
New round of China-US trade talks starts in Washington
Chinese and US officials are set to reconvene in Washington on Tuesday to kick off a new round of talks on trade that follow positive negotiations last week in Beijing.
Half of UK consumers say Brexit will not impact their spending in 2019 - PwC
Around half of UK consumers said that their spending habits would not be affected by Brexit but most will be more cautious in what they buy, PwC’s latest report on trends in consumer spending revealed.
Experts do not see a rapid recovery in German growth, ZEW says
Analysts were slightly less downbeat in February on the prospects for the Eurozone's largest economy, even as their assessment of the current situation soured further.
Yen dips on 'dovish' comments from BoJ chief
The Bank of Japan may be forced to consider easing monetary policy further if a stronger yen impacts on the outlook for inflation and the economy, the governor of its central bank said.
ECB stands ready to act if economy slows more sharply, Praet says
A top European Central Bank official signaled overnight that further easing was clearly possible should the euro area economy slow more sharply.