UK Home Prices Rise in April on Improved Mortgage Access - Halifax
Home prices increased 1.1% in April to an average £166,094, says Halifax.
Sainsbury's Full-Year Profit Falls Despite Sales Rise
Sainsbury's to buy remaining 50% stake in banking JV with Lloyds Banking Group for £248m.
Standard Chartered Profit Hit By Higher Expenses and Charges
Operating profit for first quarter falls slightly despite increase in revenues.
UK April Retail Sales Fall on Easter Timing and Cold Weather
The health of the retail sector is holding up, despite the Easter distortions, says BRC.
China Swings to Trade Surplus on Higher Exports to Asian Countries
China's recorded a trade surplus of $18.2bn in April from a deficit of $884m in March.
HSBC Profit Surges to $8.4bn on Restructuring Gains
HSBC first-quarter profit almost doubles on gains from asset sale as part of a restructuring and 38,000 job cuts.
European Markets Gain as Investors Await Banks' Earnings Reports
Societe Generale profit halves, while Credit Agricole reports 51% profit decline.
Societe Generale Plans €900M Cost Savings as Profit Halves on Own-Debt Charges
Group net income declines 50% to €364m on lower banking revenues.
Shop Price Inflation Falls to 3-Year Low on Deep Discounts
Shop price inflation declines on intense price competition and sales promotions among retailers.
Nikkei Tops 14,000 Mark While Rest of Asia Tumble on Global Growth Concerns
The Nikkei rises above 14,000 for the first time since June 2008.
Eurozone Heads for Deeper Recession as Business Activity Continues to Decline in April
The final eurozone composite output index shows a reading of 46.9 in April, the 15th consecutive month of decline in activity.
Spanish Job Market Improves in April While Services Sector Remains Weak
Services PMI declines to 44.4 from 45.3 in March due to the economic crisis.
European Markets Retreat Ahead of Retail Sales Data
The European Central Bank head Mario Draghi will address the media later in the day.
China Economy to Rebound in Q2 Despite Lower Export Growth
The economy is expected to grow at 8%, following a 7.7% growth in the first quarter.
Asian Markets Gain on Wall Street Cues
An unexpected improvement in the US labour market lifts Asian market sentiments.
US Growth Concerns Ease as Unemployment Rate Slips to Four-Year Low
Non-farm payrolls increase by 165,000 in April, above analysts expectations of 145,000.
India Cuts Interest Rates Again to Tackle Economic Slowdown
The RBI has cut repo rate by 25 basis points to 7.25%, its third cut this year.
RBS Swings to Profit on Lower Impairments
The bank reports a pre-tax profit of £826m, compared to a loss of £1.51bn a year ago.
European Markets Mixed Ahead of US Jobs Report
Analysts expect the US non-farm payrolls to increase by 140,000 workers after an 88,000 gain in March.
China's Services Sector Growth Eases in April
The weak growth in the manufacturing and services sectors hints at China's fragile economic recovery.
Asian Markets Rise on Upbeat US Jobs Data and ECB Rate Cut
The ECB's rate cut and an unexpected decline in US jobless claims revive investors' hopes for global recovery.
Glencore to Acquire Troubled Rivals after Xstrata Deal
Analysts expect Glencore to go for cheap deals in the resources sector.
BSkyB to Add 550 New Jobs to Manage Enlarged Customer Base
The company adds 715,000 more subscription products in the third quarter.
European Shares Decline Ahead of ECB Rate Decision
Analysts expect a 25 basis point cut in the benchmark interest rate at the ECB meeting.
China Manufacturing Growth Slows Down in April
Markets worry that country's economic growth will be slower for second consecutive quarter.
Asian Markets Down on Weak Data from US and China
Asia has shed previous week's gains after weak data from the US and China brought back global growth concerns.
Eurozone Unemployment Rate Rises to Record High in March
Weak job data with unemployment rising to 12.1% expected to prompt European Central Bank to cut interest rates at next meeting.
UBS Profit Beats Estimates on Higher Wealth and Investment Bank Revenues
The bank returns to profit in the first quarter after posting a loss in the fourth quarter 2012.
European Markets Rise Ahead of US and European Central Bank Meeting
Investors expect the ECB and the US Federal Reserve to continue their growth-supportive monetary policies.
UK Consumer Confidence Declines in April on Squeezed Personal Finances
Rising inflation in the county add to households' concerns about meeting budgets.
