The GDP of Ireland for Q4 declined 0.2 percent, according to data released by the Central Statistics Office on Thursday, which meant that the country has officially returned to recession.
Britain's largest drugmaker GlaxoSmithKline announced on Thursday plans to invest £500 million ($792 million) in local manufacturing operations, opening a facility in Scotland that is expected to create 1,000 jobs over the coming years.
The monthly activity data released this week confirmed that Russia’s economy remains in a decent shape, helped by the recent rise in the oil price according to Capital Economics.
Following National Potato Chip Day on Mar. 14 and Pepsi's Banner Sun potato chip brands reaching an impressive $10 billion in global retail sales, the food company was very generous in sending me a very interesting selection of chips.
The positive reports on the U.S. economy are seen as the major cause of the stocks rallying.
China's foreign direct investment in February fell for the fourth straight month as companies tightened spending amid a slowdown in the world's second-largets economy and the ongoign European sovereign debt crisis.
Developed economies will pick up steam this year thanks to an array of ultra-loose monetary policies from major central banks and amid new signs of progress in the euro zone's debt crisis, a Reuters polls found.
Gold fell to its lowest since mid-January on Wednesday after a modest upgrade of the U.S. Federal Reserve's economic outlook added zip to the dollar and gave investors an excuse to lighten holdings of bullion.
The Dow Jones Industrial average rose 218 points, or 1.8%, to close at 13,177, which was the highest since Dec .31, 2007.
Stocks shot up Tuesday, propelled by a strong U.S. retail sales report, a German investor confidence survey and a statement by the Federal Open Market Committee noting improvement in household and business spending as well as job creation.
U.S. stocks soared Tuesday in afternoon trading, amid strong reports of retail sales and business inventories and buoyant sentiments from the Federal Reserve.
Business inventories beat expectations in January, increasing 0.7 percent to a record level as auto dealers replenished their stocks to keep pace with rising demand from consumers.
Sales at U.S. retailers jumped in February by the most in five months, showing broad-based gains from autos to building materials, underscoring yet another hopeful sign of a strengthening economy.
Retail sales recorded their largest gain in five months in February as Americans snapped up motor vehicles and bought a range of goods even as they paid more for gasoline, government data showed on Tuesday.
Stock index futures advanced on Tuesday ahead of data that could provide clues about the intensity of consumer spending and before a monetary policy announcement from the Federal Reserve.
Stock index futures advanced on Tuesday ahead of data that could provide clues on the level of consumer spending and before a policy announcement from the Federal Reserve.
Asian shares fell Monday as investors paused to assess the effect of strong U.S. jobs data, which scaled back expectations for more easing ahead of this week's Federal Reserve meeting, while concerns over China's slowdown also weighed on sentiment.
Call us crazy, but the two most recent major economic data releases by China -- the consumer price index on Friday and the trade balance on Saturday -- indicate there could be a case to be made for monetary stimulus in the world's second-largest economy.
China's trade balance plunged $31.5 billion into the red in February as imports swamped exports to leave the largest deficit in at least a decade and fuel doubts about the extent to which frail foreign demand or seasonal distortion drove the drop.
Leaders of China and India, two of the world's biggest economies, are responding to a decline in their nation's blistering rates of growth by focusing on virtually identical ways to stimulate bank lending and regain financial momentum.
Stocks rose on Friday, adding to their best two-day run in nearly three months, after a report showed the economy added more jobs than expected in February.
Stock index futures edged lower on Friday after their strongest two-day gain in nearly three months and ahead of a report likely to show employment grew solidly for a third straight month.
