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Technology companies should have "a sense of responsibility" for paying taxes, as the amount of tax paid by them is very small compared to the returns, the Bank of England governor Mark Carney told on Friday. Speaking at a panel session at the World Economic Forum Annual Meeting in Davos, Carney said...

Belgium's business morale unexpectedly weakened for a second straight month in January with confidence deteriorating across all segments, survey results from the National Bank of Belgium showed Friday. The business confidence index eased to -8.8 from -6.9 in December. Economists had expected measure...

Results of a quarterly survey by the European Central Bank revealed that euro area inflation forecasts for this year and next were slashed, mainly due to lower oil prices. Average inflation forecast for this year was cut to 0.3 percent from 1 percent seen in November and the outlook for 2016 was...

Bank of Japan Governor Haruhiko Kuroda on Friday welcomed the European Central Bank's quantiative easing announcement. In an interview to Bloomberg Television in Davos, Switzerland, Kuroda said there divergence in the policy stance of the US Federal Reserve and the ECB was not much of a concern....

UKretailsales-012315.jpg British retail sales logged an unexpected growth in December, driven by food sales, while economists were looking for a decline after a rebound in November on Black Friday sales. The volume of retail sales, including automotive fuel, increased 0.4 percent month-over-month in December, but the growth was slower than the 1.6 percent rise in November.

Eurozonepmi-012315.jpg Eurozone private sector grew at the fastest pace in five months in January, suggesting that lower oil prices and weaker euro supported the recovery in the region. Germany experienced an upturn at the start of the year, while France fared particularly bad again. The strongest upturn was seen outside of France and Germany.

Luxembourg's jobless rate dropped moderately in December to its lowest level in nearly one-and-a-half years, after holding steady in the previous month, figures from the statistical office STATEC showed Friday. The seasonally adjusted unemployment rate fell to 7.0 percent in December from 7.1 percent...

Austria's production index that combines industry and construction dropped in November from a year ago, figures from Statistics South Africa showed Friday. The production index fell a working-day-adjusted 2.5 percent year-over-year in November. Both industrial production and construction output declined...

U.K. retail sales increased unexpectedly in December, though at a slower rate, official data showed Friday. Retail sales volume, including automotive fuel, increased 0.4 percent month-over-month in December after the 1.6 percent rise in November, the Office for National Statistics said. Retail sales...

Eurozone private sector grew at the fastest pace in five months in January, flash survey data from Markit Economics showed Friday. The composite output index rose more-than-expected to a five-month high of 52.2 in January from 51.4 in December. Economists has forecast it to rise to 51.7 nominally. The...

Germany's private sector remained in expansion territory in January, signaling a further rise in the private sector output. The flash composite output index rose to 52.6 in January from 52 in December. This was the strongest growth in three months. A score above 50 indicates expansion in the sector....

The total value of orders received by the German building industry dropped notably in November from a year earlier, figures from Destatis showed Friday. Orders in the construction sector plunged a price-adjusted 8.5 percent year-on-year in November. Destatis reported that the sharp decline in...

The French private sector contracted further at the start of 2015, flash data from Markit Economics showed Friday. The composite output index fell to 49.5 in January from 49.7 in December. A reading below 50 indicates contraction in the private sector. Service providers registered a slight fall...

French business confidence remained stable in January, survey data from the statistical office Insee showed Friday. The business confidence index for manufacturers held steady at 99 in January as expected by economists. The balance of opinion on personal production prospects surged by +8 points...

Finland's retail sales dropped in December from a year ago, preliminary figures from Statistics Finland showed Friday. Retail sales value fell 1.9 percent year-on-year in December. Similarly, retail sales volume declined by 1.4 percent. The agency is set to release final data on February 12. In...

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