Economic News
Senior ECB member Sabine Lautenschlager resigns
The most senior German official at the European Central Bank, Sabine Lautenschläger, has resigned unexpectedly before the end of her term.
MPs to investigate 'sorry tale' of Thomas Cook collapse
A committee of MPs will question former Thomas Cook executives as part of an inquiry into the collapse of the firm, it was confirmed on Thursday.
US pending home sales rise more than expected in August
US pending home sales rose more than expected in August, according to data released by the National Association of Realtors on Thursday.
US second-quarter GDP growth unrevised at 2%
US economic growth in the second quarter was in line with expectations, according to figures released by the US Department of Commerce on Thursday.
US initial jobless claims rise a touch more than expected
The number of Americans filing for unemployment benefits rose a little more than expected last week, according to figures released by the Department for Labor on Thursday.
UK car production sees first growth in 15 months
UK car production rose 3. 3% in August, recording the first rise 15 months, figures released on Thursday revealed.
German consumer confidence set to improve in October - GfK
German consumer confidence is set to improve in October, boosted by the European Central Bank's latest stimulus package, according to a survey released by market research group GfK on Thursday.