Britain’s manufacturing sector has lost momentum in recent months, hit by the slowdown in North Sea oil and gas investment and a tough export market, a business survey has found.
A harsh winter, a strong dollar and falling oil prices took their toll on the US economy in the first quarter, the Commerce Department revealed on Friday.
UK consumers are at their most upbeat for nine years on the back of improving job prospects and low inflation, according to the latest report to suggest spending power is recovering.
Singapore's economy grew at a faster than expected pace in the first quarter than earlier thought, data showed on Tuesday.
The high-stakes game of brinkmanship between Greece and its creditors intensified on Monday after prime minister Alexis Tsipras convened an emergency meeting of his political negotiation team following a stark warning from Athens that default was looming.
The IMF has warned France that it must reduce government spending and debt levels, as well as tackling its sticky unemployment rate.
Japan's economy staged an encouraging comeback in the first quarter, expanding at its fastest pace in a year, data showed on Wednesday.
Inflation in Britain has turned negative for the first time in more than half a century, giving a boost to household finances and bolstering expectations that interest rates will remain at a record low for the rest of this year.
We have not been here since 1960: economists expect official figures on Tuesday to show annual inflation on the standard CPI measure dipping below zero for the first time in more than 50 years, pushed lower by nearly 12 months of low oil prices and ferocious supermarket price wars.
Greece’s embattled finance minister, Yanis Varoufakis, stepped up his war of words with eurozone policymakers on Thursday, saying he wished his country still had the drachma, and would not sign up to any bailout plan that would send his country into a “death spiral”.
The US economy showed further signs of a slowdown on Friday as the US Department of Labor announced just 160,000 new jobs had been created in April, 40,000 fewer than had been expected.
The Scottish economy is growing at a far slower rate than the UK as a whole, with the North Sea oil slump leading to a fall in GDP last year, the latest data shows.
Worries about the EU referendum in June, rising labour costs and China’s slowdown have knocked UK business confidence to a four-year low, according to a report that will fan fears the economy is losing momentum.