ECONOMY

Chancellor George Osborne to face MPs after UK loses AAA credit rating at Moody's Investor Services.

Frankfurt Stock Exchange owner denies merger talks after shares test two-year highs on market talk of bid from world's biggest futures exchange.

Bad weather hits borrowing at British banks, according to BBA figures for Janaury.

Survey by Confederation of British Industry shows business and professional firms suffering sharpest drop in profitability since November 2011.

Owner of the Financial Times delivers major restructuring plans to tackle tough trading conditions

8 million Britons have no savings at all, claims new report.

Britain suffered its first ever sovereign ratings downgrade from a major agency on Friday (February 22) when Moody's stripped the country of its coveted top-notch triple-A rating, dealing a major blow to Chancellor of the Exchequer, George Osborne.

Oil & Gas UK expects output to pick up from 2014 on higher investments.

HSBC's preliminary China PMI shows that manufacturing sector expanded at a slower pace in February

When the US and France lost their AAA ratings in 2011, instead of borrowing costs rising, they actually fell. Could that happen in the UK?

Tracing service allows account holders to retrieve long lost assets.

Asian Development Bank President Haruhiko Kuroda leading candidate next Bank of Japan chief.

Top grade lost after ratings firm says missed debt targets and slower growth make Britain's debt vulnerable to interest rate swings.

Caretaker prime minister had short-term economic reform success but Italy still blighted by growth problems.

‘Talk of future reform wouldn't save Italian bondholders if Mario Draghi fell under a bus’, Evenett tells IBTimes UK.

The sharp rise in business confidence indicates that Germany is regaining economic optimism.

Bank of England governor Mervyn King meets People's Bank of China head Zhou Xiaochuan to discuss sterling-renminbi deal.

Europe's top competition authority expands its anti-trust investigation into banks and brokers manipulating rates

Markets recover from losses as traders await key German IFO business climate index.

Foreign trade dragged Germany's economic growth lower.

Public Accounts Committee report launches scathing attack on government's flagship welfare-to-work programme.

Chinese government plan to extend its pilot property-tax programme to more cities to curb rocketing home prices.

Singapore's fourth quarter GDP growth is boosted by a rebound in the manufacturing sector.

Some 30,000 angry workers took to the streets of Brussels on Thursday (February 21) to demonstrate against austerity measures planned by the Belgian government.

Bank of England pays Treasury £3.8bn in coupon payments under quantitive easing programme.

Flash Eurozone PMI suggests region may be in recession for longer than anticipated

Home improvement retail group said full-year profit expectations would be met despite tough market.

Markets open on weak sentiments as US Federal Reserve's meeting-minutes point to stimulus measure concerns.

Europe's largest defence contractor's share price leads the FTSE 100 in trading, despite posting a 6% slump in profits