European Central Bank president Mario Draghi says the bank is working with other European institutions to find a way to get more credit to small and medium size companies — and spur a lagging economy. ...

ECB meets under pressure to cut rates

The European Central Bank cut it main interest rate by 0.25% to 0.5%. Also, U.S. markets will look to rebound from Wednesday's selloff. Michael Casey has details.

Emerging Markets Morning Roundup: More Evidence of a Slower China; More Gold Miner Pain

BG and Royal Dutch Shell bolster the FTSE 100 index after the European Central Bank’s decision to lower interest rates.

U.S. stock index futures climbed Thursday as Wall Street cheered a better-than-expected jobless claims report and after the European Central Bank cut its key interest rate.

The euro slips ahead of a widely-expected decision by the European Central Bank to cut its key interest rate on the back of weak economic data.

The European Central Bank's decision makers were split over whether to cut or hold interest rates, its head, Mario Draghi, implied on Thursday. "There was a very, very strong consensus towards an ...

Wall Street was set to open slightly higher Thursday as an interest rate cut from the European Central Bank and better-than-expected weekly jobless claims data in the U.S. boosted investors' appetite for ...

* Exported 119,653 tonnes of wheat to Iran in February * Total of 1.02 mln tonnes July 2012-Feb. 2013 * Only 63,000 tonnes in same period a year earlier HAMBURG, May 2 (Reuters) - Germany exported 119,653 ...

* ECB cuts rates to support flagging euro zone economy * U.S. jobless claims fall sharply to five-year low * Futures up: S&P 6.4 pts, Dow 76 pts, Nasdaq 12.50 pts By Angela Moon NEW YORK, May 2 (Reuters) ...

European shares were off session highs on Thursday afternoon after ECB President Mario Draghi confirmed that the ECB wouldn't deliver any extra stimulus into the European economy after it had decided to ...

President Barack Obama has his domestic ambition at the top of his travel agenda as he travels to Mexico on Thursday. To sell his immigration overhaul back home, he needs a growing economy in Mexico and ...

In his first meeting with European Union leaders as prime minister, Enrico Letta said that Italy would stick to its agreed to budget targets.

NEW YORK, May 2 (Reuters) - U.S. stock index futures pared gains in morning trade as the European Central Bank President Mario Draghi spoke at a news conference following the ECB's first interest rate ...

Futures Jump On Data, ECB Vote; Yelp, Seagate Technology Rocket

Egyptian billionaire Naguib Sawiris said he is interested in Italian telecommunications assets including his former company Wind Telecomunicazioni SpA as he seeks to re-enter the market.

The platoon of Chinese soldiers slipped across the boundary into India in the middle of the night, according to Indian officials. They were ferried across the bitterly cold moonscape in Chinese army vehicles, ...

Starbucks Corp on Thursday announced a raft of management changes, including a beefing up of its team for the fast-growing China and Asia Pacific region, where it plans to add about 600 new cafes this ...

With the United States’ energy reserves continuing to rise through advanced fracking technology, the possibility that the U.S. becomes a significant trading partner to Europe, rather than Russia, may be ...

BRATISLAVA, May 2 (Reuters) - The European Central Bank will look further into helping businesses by promoting collateralised loans to free up the flow of credit, President Mario Draghi said on Thursday. ...

LONDON, May 2 (Reuters) - German Bund futures erased losses on Thursday in choppy trading as investors digested comments from European Central Bank President Mario Draghi's news conference. Draghi said ...

LISBON, May 2 (Reuters) - European Union governments and institutions must take "immediate action" to promote growth and jobs creation as countries are tired of austerity, European Council President ...

NEW YORK (MarketWatch) -- European Central Bank President Mario Draghi said on Thursday that the ECB will continue conducting the main refinancing operations as fixed-rate-tender procedures with full allotment ...

NEW YORK, May 2 (Reuters) - The euro traded little changed against the dollar in choppy action after European Central President Mario Draghi told a news conference the ECB's monetary policy stance will ...

The European Central Bank cut interest rates for the first time in 10 months on Thursday, driven to act by an economy wallowing in recession and freed to do so by sharply falling inflation. Following are ...

Extended weak economic activity and tame inflation persuaded the European Central Bank to cut interest rates, ECB President Mario Draghi said on Thursday. In the past month, confidence indicators have ...

U.S. stock market futures indicate a higher open on Thursday after a day-prior rout, with gains extending after a European Central Bank rate cut and in the U.S., weekly jobless claims drop to a five-year ...

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Non-Life Insurance (Europe) Sector Credit Factors here LONDON, May 02 (Fitch) Fitch Ratings has published a sector-specific ...

LONDON, May 2 (Reuters) - European stocks extended gains slightly on Thursday after ECB President Mario Draghi said the bank would monitor economic developments closely and monetary policy will remain ...

TORONTO, May 2 (Reuters) - The Canadian dollar strengthened against the U.S. dollar early on Thursday after the domestic economy posted a surprise trade surplus. The currency firmed to C$1.0060 to the ...

Ibovespa futures dropped after a report showed China’s manufacturing expanded at a slower pace in April, adding to concern that growth will falter in Brazil’s top trading partner.

SINGAPORE, May 2 (Reuters) - Taiwan's port of Kaohsiung is hopeful its campaign for London Metal Exchange delivery location status is nearer success, despite the sale of the bourse to a Hong Kong company. ...

European stock markets continue to trade choppy on Thursday as investors showed little reaction to an as-expected rate cut from the ECB. Statoil, Sanofi and Infineon all respond to results.

(Kitco News) - Comex gold futures are moderately higher in early U.S. trading Thursday, on an upside technical bounce from the strong selling pressure seen Wednesday. Bulls are also encouraged by the continued easy money policies suggested by the U.S. Federal Reserve and European Central Bank at their meetings this week. …

JAKARTA, May 2 (Reuters) - Most Southeast Asian stock markets fell on Thursday, tracking Asian shares which retreated on weak Chinese manufacturing data that raised doubts about the health of the global ...

MANILA, Philippines (AP) -- Standard & Poor's gave the Philippines an investment grade credit rating on Thursday in the second such boost to the country's standing this year. S&P said it raised its sovereign ...

GM earnings: Reduced European losses cheer investors

The price of oil made gains above $91 per barrel Thursday, rebounding from a steep drop, as the European Central Bank cut its key interest rate to a new low. By early afternoon in Europe, the benchmark ...

The European Central Bank delivers on Thursday a widely expected cut in its benchmark interest rate, with attention now turning to the ECB president’s press conference.

May 2 (Reuters) - Canada's main stock index is set to open higher after the European Central Bank cut interest rates by 25 basis points as inflation in the euro zone fell below its target. TOP STORIES ...

GREATER NOIDA, India, May 2 (Reuters) - The Japanese central bank will monitor whether its monetary easing could have an unintended spillover effect on emerging economies, Bank of Japan Governor Haruhiko ...

ZURICH, May 2 (Reuters) - More than 82 percent of UBS shareholders backed the Swiss bank's pay plans on Friday, after heated debate and opposition from Swiss retail shareholders. Activist investors mustered ...

* Low win-rate offsets record VIP business volume in Q1 * Muted macro environment in China to weigh on business * EBITDA falls 35 pct to S$249.7 mln vs mkt estimate S$359 mln * Optimistic on Japan casino ...

The French government has defended its veto over Yahoo Inc.'s attempted takeover of video sharing website Dailymotion, even as the move draws jeers for discouraging much needed foreign investment. Yahoo ...

By Ellen Freilich NEW YORK, May 2 (Reuters) - U.S. Treasuries prices slipped on Thursday after the European Central Bank cut its main interest rate. The benchmark 10-year Treasury note slipped 3/32, allowing ...

CarrefourSA Carrefour Sabanci Ticaret Merkezi AS, the Turkish grocer in which Haci Omer Sabanci Holding AS bought a controlling stake from Carrefour SA of France, may consider buying Turkish retailer Migros ...

* Euro rises after ECB delivers widely expected rate cut * Market awaits Draghi news conference at 1230 GMT * Euro quickly recovers from brief falls By Anooja Debnath LONDON, May 2 (Reuters) - The euro ...