HSBC Has Processed All Outstanding Payments After Friday Glitch

HSBC Holdings Plc has processed all of the 275,000 payments from U.K. business customers that it failed to complete on Aug. 28 after a software problem caused delays.

Britain's economic growth accelerates in Q2, helped by trade

LONDON, Aug 28 (Reuters) - Britain's economy gathered speed in the second three months of 2015, boosted by a jump in exports and business investment in the latest sign that the recovery is broadening out.

Ukraine agrees 'win-win' debt restructuring deal

Ukraine’s finance minister said a “win-win” deal for restructuring $18bn (£11.6bn) of debt had been agreed with a group of its largest creditors, involving a 20% reduction in the total to be repaid.

'Bad bank' path worn by Ireland and Spain looks steep for Greece

LONDON (Reuters) - Greece is under growing pressure to take care of banks' problem loans so they are free to lend again, but the depth and complexity of its crisis will make it tough to replicate the comprehensive "bad bank" models set up in Ireland and Spain.

World Leaders Have No Words of Wisdom on Rout Spooking Investors

It’s wiped out more than $8 trillion in the value of global equities, leaving virtually no market unaffected, yet reaction from world leaders so far has ranged from muted to dismissive.

FOREX-Euro, yen rally as risk aversion intensifies, Aussie sinks

SYDNEY, Aug 24 (Reuters) - The euro hit a 6 1/2-month high and the yen hit a 1 1/2-month high against the dollar on Monday as investors dumped risk assets and flocked to currencies often seen as safe havens.

German private sector growth picks up in August - PMI

BERLIN,(Reuters) - Stronger-than-expected growth among manufacturers helped Germany's private sector expand at a faster rate in August, a survey showed on Friday, suggesting Europe's largest economy is on track for a solid third quarter.

UK retail sales volumes rise by 0.1%

UK retail sales volumes rose by 0.1% in July, after falling the previous month, the Office for National Statistics (ONS) has said.

Euro Borrowing Costs Fall to Five-Month Low Versus Dollar Bonds

The cost of borrowing in euros has dropped to the lowest since March versus the dollar as issuance in Europe trails the U.S. and the Federal Reserve moves toward raising interest rates.

Europe Reaches Agreement on New Rescue Package for Greece

European governments agreed on a third aid deal for Greece, signaling a determination to keep the country in the euro and setting aside doubts about its ability to repay its debts.

Hungary GDP Growth Slows More Than Forecast in 2Q on Agriculture

Hungary’s economy grew less than forecast by analysts as a drop in agricultural output pushed the pace of expansion below 3 percent for the first time in seven quarters.

Greek economy surprises, returns to growth in second quarter

Greece's economy unexpectedly returned to growth in the second quarter despite political turmoil and the threat of a Greek euro zone exit, data showed on Thursday.

Bank of England to examine whether financial reforms have held back growth

Mark Carney has told the government that the Bank of England is to examine whether policies intended to strengthen financial stability in the economy have held back economic growth.

Euro Area’s Four Biggest Economies Are All Growing

Mario Draghi could be forgiven for lingering a little longer on the sun lounger this August. For the first summer since he took office as president of the European Central Bank, the region’s four biggest economies are posting growth, spurred by a weaker euro and lower oil prices that are boosting consumer spending.

German trade surplus to rise to new record in 2015 - magazine

BERLIN (Reuters) - Germany's trade surplus is expected to rise to a new record in 2015 thanks to falls in the prices of imported oil and gas, Der Spiegel reported on Saturday.

UK industrial output falls in June

UK industrial output fell 0.4% in June following a drop in oil, gas and mining production, according to figures from the Office for National Statistics (ONS).

Europe Index Futures Advance, Signaling Stock Rally to Resume

European index futures climbed, indicating equities will resume a rally that got paused on Tuesday.

UK asks austerity-weary workers to suggest new budget cuts

Imagine your pay has been frozen for years and thousands of colleagues have been let go. Then your boss asks you for ideas on how to save even more money.

Hungary End-to-Easing Pledge Helps Forint Dodge Currency Rout

Hungary’s forint gained, extending the biggest monthly advance in emerging markets, after the central bank pledged to end a cycle of interest-rate cuts.

Greek debt crisis: IMF wary of third bailout

The International Monetary Fund (IMF) is very wary of any financial contribution to a third Greek bailout.