U.S. stocks held small gains Friday, with the Dow Jones Industrial Average rising closer to the psychologically important level of 17,000 points, boosted by investor euphoria triggered by the U.S. Federal Reserve’s commitment to an accommodative monetary policy.
Italy’s manufacturing industry will return to growth in 2014 after years of losses, Bologna-based Prometeia, one of Italy’s leading economic think tanks, has estimated in a recent report.
The Eurogroup said on Thursday it endorsed in principle the European Stability Mechanism (ESM) to disburse 600 million euros (816 U.S. dollars) of financial assistance to Cyprus in the July.
Britain’s retail sales quantity including auto fuel decreased by 0.5 percent in May 2014, compared with a month before, said Office for National Statistics (ONS) on Thursday.
The government on Friday told New Zealand’s adventure tourism operators that a deadline to comply with new safety regulations was “non-negotiable” as it moves to clean up the industry’s reputation.
As China’s economy runs out of steam, small businesses could bring back vitality to the pursuit of growth.
Ireland’s National Treasury Management Agency (NTMA) on Thursday completed an auction of treasury bills, selling the target amount of 500 million euros (681 million U.S. dollars).
Fitch Ratings said on Thursday that Cyprus’ return to the international markets by issuing a five year 750 million euro bond is positive, but warned that risks to the economic outlook remain.
China National Offshore Oil Corporation (CNOOC) announced late Tuesday that it had signed a 20-year deal with London-based oil giant BP for liquefied natural gas (LNG) supply.
U.S. stocks eked out a modest gain after wavering between gains and losses Monday, as the country’s upbeat economic data outweighed concerns over Iraq.