ECB flags beefed up QE as growth, inflation outlook fades

Last Updated: Thursday, September 3, 2015, 21:29

The European Central Bank cut its growth and inflation forecasts on Thursday, warning of possible further trouble from China and paving the way for an expansion of its already massive 1 trillion-euro plus asset-buying programme.

ECB could ramp up bond purchase programme if necessary: Draghi

Last Updated: Thursday, September 3, 2015, 21:09

The European Central Bank could ramp up its contested bond purchase programme, extending it beyond September 2016 if needed, ECB president Mario Draghi said on Thursday.

ECB cuts growth, inflation forecasts for 2015-2017

Last Updated: Thursday, September 3, 2015, 21:06

The European Central Bank on Thursday cut its forecasts for both economic growth and inflation in the single currency area over the next few years.

Nifty surges 106 points on value-buying, upbeat global cues

Last Updated: Thursday, September 3, 2015, 20:25

Snapping a three-day losing streak, Indian markets Thursday staged a pullback rally on the back of frantic buying as the benchmark Nifty index soared by 106 points to close above the 7,800-level amid upbeat global cues.

ECB seen cutting inflation outlook, hinting at more policy action

Last Updated: Thursday, September 3, 2015, 17:38

The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying programme if growth and inflation prospects weaken further.

ECB holds rate steady as focus on inflation, China

Last Updated: Thursday, September 3, 2015, 17:35

The European Central Bank held its key interest rates steady on Thursday, a spokesman said, amid investor concern over the economic fallout from the slowdown in China.

European Commission approves Shell's purchase of BG Group

Last Updated: Wednesday, September 2, 2015, 23:09

The European Commission gave its approval Wednesday of Royal Dutch Shell's planned acquisition of Britain's BG Group in a deal that must also be cleared by Australian and Chinese regulators.

China, eurozone weaken despite world awash with cash

Last Updated: Tuesday, September 1, 2015, 18:55

China`s giant manufacturing industry contracted while British and eurozone growth eased in August, rattling markets and reinforcing expectations interest rates may fall again or stay near zero for longer.

Oil rallies but still near 6-1/2-year lows

Last Updated: Tuesday, August 25, 2015, 16:52

European share markets recovered on Tuesday but Chinese stock markets closed down more than 7 percent, with panic selling intensifying after the Shanghai Composite Index crashed through key support at 3,000 points.

Germany suspends marketing of 54 drugs tested by India's GVK Bio

Last Updated: Saturday, August 22, 2015, 11:09

Germany has suspended marketing of 54 drugs tested by GVK Biosciences in compliance with the European Union's ban on around 700 generic drugs.

European stocks slump on China`s economic woes

Last Updated: Thursday, August 20, 2015, 22:51

European stock markets fell on Thursday, weighed down by concerns over the health of China`s economy and sliding oil prices.

Greece repays ECB as snap poll pressure rises

Last Updated: Thursday, August 20, 2015, 21:00

Greece repaid a huge slice of debt to the ECB on Thursday, effectively starting its third mammoth bailout, as deepening political rifts in Athens put pressure on Prime Minister Alexis Tsipras to call snap elections.