Euro on shaky ground, stocks up on talk of aggressive ECB easing

LONDON/TORONTO The euro slipped towards seven-month lows, bond yields fell and European shares rallied on Thursday on growing talk of aggressive stimulus from the European Central Bank next week.

Recent Business News

Bank of America to halt dollar supplies to Angola: sources

LUANDA Bank of America will stop supplying U.S. dollars to Angola at the end of this month, two foreign exchange sources said on Thursday, a move that could pile pressure on the oil exporter's ailing kwanza <AOA=> currency.

11:37am EST

VW's Audi suspends two engineers in emissions probe

BERLIN Volkswagen's luxury flagship Audi has suspended two engineers after its larger diesel engines were found evading emissions limits in the United States, Audi CEO Rupert Stadler said in a newspaper interview published on Thursday.

12:05pm EST

Bad Saudi PR fuels riyal devaluation talk

DUBAI Speculation that Saudi Arabia could devalue its currency may owe more to a poor public relations effort by Saudi authorities than to the economic pressures on the kingdom.

Britain sets 2018 deadline for claims in country's costliest bank scandal

LONDON Britons who were missold loan insurance, in what turned out to be the country's costliest consumer finance scandal, will have until 2018 to claim compensation under regulatory plans intended to draw a line under the issue.

Oil eases on persistent supply glut, production outlook

CALGARY, Alberta Oil prices fell on Thursday after six days of gains, as concerns that escalating tension in the Middle East could disrupt supply faded, and the focus returned to a persistent market glut.

3:12pm EST


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