U.K. business activity falls in three-month period to April

Source: RTT News
© Scanpix/RS
Business activity in the United Kingdom's small and medium-sized companies stood at a weaker-than-forecast level in a three-month period ended in April as new orders and output fell, the latest figure released by the Confederation of British Industry revealed on Tuesday. According to the SME survey, the fall of new orders and output was driven by weaker domestic and export demand.

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Wed, 08 May 2013 06:47:04 GMT

WTI fluctuates after it falls first time in 4 days

West Texas Intermediate oil swung between gain and losses on Wednesday after it recorded its first fall in four days yesterday as the U.S. report showed that stockpiles rose for the second straight week. June WTI futures were traded 12 cents higher at $95.75 a barrel on the NYMEX as of 1:02 p.m. in Singapore after they dropped 54 cents

Tue, 07 May 2013 10:40:03 GMT

Euro drops versus U.S. Dollar as Mario Draghi claims further rate cuts

The European currency declined against the U.S. Dollar on Tuesday as President of the European Central Bank Mario Draghi said that policy makers are ready to lower the benchmark interest rate further in case of the deterioration in the economy. The shared currency fell 0.3% to $1.3076 at 5 p.m. in New York, while it was at 129.88 yen.

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