May 22, 2014

Interest rate hikes would hit British car industry: UK Hyundai CEO

(Reuters) - A series of even small rises in British interest rates would be a big blow to the country's car industry, the CEO of Hyundai UK (005380.KS) told Reuters on Thursday.

May 19, 2014

Ireland’s Rating Raised by Moody’s as Debt Burden Eases

Ireland’s rating was raised for the second time in less than six months by Moody’s Investors Service as the economy stabilizes and concern that the euro-region may be under threat eases.

May 18, 2014

Euro zone first-quarter growth disappoints, puts pressure on ECB to act

(Reuters) - The euro zone economy grew much less than expected at the start of the year and inflation remained locked in the 'danger zone' below 1 percent, increasing pressure on the European Central Bank to ease monetary policy at its next meeting in June.

May 17, 2014

Greece denies plan for retroactive tax on foreign bondholders

(Reuters) - Greece's government on Thursday denied it had instituted a retroactive tax on foreign holders of Greek bonds, and revoked a tax document that spooked investors and sent yields to near two-month highs.

May 16, 2014

Pound Bulls Unfazed by Carney’s Tone Say Rally Isn’t Over

Pound bulls still have reason to be optimistic following the Bank of England’s attempts to temper interest-rate expectations, according to firms from Bank of New York Mellon to Mizuho Bank Ltd.