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Oil plunges to new multi-year lows on OPEC decision

Global oil prices plunged Friday to new multi‑year lows after the OPEC oil‑producing cartel decided to maintain crude output in an oversupplied...

Wall St. up for sixth straight week despite oil rout

Wall St. up for sixth straight week despite oil rout

Irish retail sales drop 0.7 percent month-on-month in October

The volume of Ireland's retail sales fell 0.7 percent in October to stand 5.6 percent higher...

Malaysia Airlines posts worst quarterly loss since end-2011

Malaysia Airlines reported on Friday its worst quarterly loss since late 2011, as passenger numbers and yields dropped further after the loss of two jets...

ECB's Nouy says banks must show they can make profits

Euro zone banks that failed or barely passed this year's health checks will have to demonstrate they can make sustainable profits and may need to sell...

US shoppers go in for the kill on 'Black Friday'

The traditionalists don't like it, but the "Black Friday" shopping frenzy is as much a part of the Thanksgiving holiday in the United States...

EU gives time to rule-breaking France, Italy on budget

The European Commission was set to unveil a hard‑eyed assessment of eurozone economies on Friday, but still give more time to France and Italy to fix...

Spain retail sales post biggest rise in a year

Spanish retail sales rose 1.0 percent year‑on‑year on a calendar‑adjusted basis in October, the biggest increase in 12 months after...

Russia's ruble extends record slide on OPEC decision

The ruble lost another 1.5 percent of its value on Friday morning as it extended a record slide after the OPEC oil cartel's decision to leave its...

Lacklustre Japan data paints gloomy picture for Abenomics

Japan released a string of lacklustre economic data Friday, with inflation hitting its lowest level in a year, dealing another blow to Tokyo's...