European and US stocks rebounded Wednesday from the previous day's sharp losses, as dealers went fishing for bargains, digested lower-than-expected UK inflation and shrugged off equity losses elsewhere.

British annual inflation steadied last month, official data showed Wednesday, but prices still rose at double the Bank of England's target rate, adding to uncertainty over the timing of an interest-rate cut.

Stocks in the United States and Europe slumped on Tuesday while the dollar climbed as data showed that US inflation slowed less than expected in January, diminishing chances of an early interest rate cut.

Britain's couples could struggle for last minute Valentine's Day gifts and meals after Amazon staff went on strike over pay Tuesday -- and will soon be joined by takeaway delivery drivers, organisers said.

Since 2008, the maximum allowable claim amount has been capped at £30,000. However, its real value has diminished by approximately a third.

According to official data published by the National Bureau of Statistics, China's consumer price index fell by 0.8 per cent in January 2024, compared to that of January 2023.

The Dow climbed to a fresh record Monday on a mixed day for global equities as markets awaited an influential US inflation report.

The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping through the Red Sea pose threats to the global economy.

Asian markets were mixed in holiday-thinned trade Friday as investors struggled to build on another record-setting day on Wall Street, with focus on the upcoming release of key US inflation data.

While US stocks closed up, the picture in Europe was less positive: London, Paris and Frankfurt all ended lower as investors locked in profits from recent gains.

The new data, derived from experimental results within the Labour Force Survey, could potentially exert pressure on the Bank of England to reconsider any immediate plans for interest rate cuts.

US and European indexes edged cautiously higher Tuesday as investors digested strong corporate results, while stocks in Hong Kong and Shanghai soared after Chinese authorities announced moves to reverse a long-running rout.

Global stock markets mostly fell Monday after comments by Federal Reserve boss Jerome Powell doused flickering hopes that US interest rate cuts could still begin in March.

The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon than if they move "slightly" too late, Managing Director Kristalina Georgieva said Thursday.

The Bank of England froze its key interest rate Thursday for a fourth meeting in a row, matching US Federal Reserve policy, as high inflation prevents cuts to borrowing costs.

Shares in European banking giants BNP Paribas and ING tumbled on Thursday as disappointing fourth-quarter results took the shine off bumper annual profits.

UK opposition leader Keir Starmer promised Britain's corporate community Thursday that his Labour party would better marshal the economy than the ruling Conservatives if elected.

Those who were unable to vote when the Brexit referendum was held in 2016, now aged 19 to 21 years old, revealed to International Business Times UK how the independence scheme has changed their lives.

Stock markets wavered on Wednesday as shares in major US tech companies fell and investors awaited a key Federal Reserve interest rate meeting.

With a UK general election looming, the country's main opposition Labour party is starting to persuade business and financial sector leaders that it can be trusted to grow the economy.

Global stocks were mixed Tuesday as Wall Street wavered ahead of fresh interest-rate signals from the US Federal Reserve, and new data showed that the eurozone dodged recession at the end of last year.

The recent data showed that drivers have seen their car insurance increase by 58 per cent, on average, compared to this time last year.

The report's focus encompassed the concentration of employers, the prevalence of non-compete clauses and the recent surge in hybrid working arrangements.

Health Secretary Victoria Atkins expressed disappointment at the rejection of what she deemed was a "fair and reasonable" offer.

The US Federal Reserve is widely expected to start cutting interest rates in the coming months, as inflation edges closer to its long-run target of two percent.

Wall Street indices finished at fresh records Thursday on the back of strong US economic growth data while European stocks edged higher despite the European Central Bank signaling it was too soon to start considering interest rate cuts.

With some companies closing to prioritise expansion elsewhere and others shutting their stores due to bankruptcy, the UK can expect to see a mass increase of empty store-fronts.

A giant crane-operated claw plunges into a mountain of rubbish before dumping its load into a huge furnace, where the waste is engulfed in flames to generate electricity.

Writing in the Daily Telegraph on Tuesday, Clarke claimed Sunak, who is under increasing pressure after he was dealt a blow to his Rwanda deportation plan in the House of Lords, was "leading the Conservatives into an election where we will be massacred".

Hong Kong led a rally across Asian markets Tuesday as traders were cheered by reports that Chinese authorities were considering a blockbuster boost to equities after a painful start to the year.