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Eyitemclub-012317.jpg The U.K. economy is set to undergo a fairly gradual dip and recover over the coming four years as the country is set to initiate steps to leave the EU this year. According to the EY ITEM Club winter forecast, released Monday, the economy has to shift its reliance from consumer spending towards exports as households started to contain their expenditure due to rising inflation.

Markets-111714_23Jan17.jpg European stocks are seen opening a tad lower on Monday as the U.S. dollar retreated against most of its peers, including the euro and pound, after Donald Trump's inaugural speech. Trump kicked off his presidency promising to put Americas first and hitting out at global trade deals, offsetting optimism...

WALL-ST-012017.jpg As Donald Trump's inauguration is the major focus of the day, the futures are up, indicating a higher opening for the Wall Street. On a very lean day, a few Fed speeches and the rig count data may drive trade. Asian shares As of 6:25 am ET, the Dow futures are climbing 11 points, the S&P 500 futures are advancing 5.75 points and the Nasdaq 100 futures are progressing 14.75 points.

UK-RS-012017.jpg U.K. retail sales declined at the fastest pace in more than four years in December as consumers minimized their spending amid rising inflation. Retail sales volume including auto fuel fell 1.9 percent from November, when it dropped by a marginal 0.1 percent, the Office for National Statistics said Friday.

Asian-Markets2_20Jan17.jpg European stocks were little changed on Friday as disappointing U.K. retail sales data dampened optimism on the British economy and investors looked for more details on U.S. President-elect Donald Trump's policies. Trump will swear in as the President of the United States of America today, with market...

StockMarkets-112514_20Jan17.jpg European stocks are seen opening mixed on Friday as investors digest dovish comments from ECB President Mario Draghi and look forward to U.S. President-elect Donald Trump's inaugural address later in the day. Crude oil futures extended overnight gains, brushing off a surprise build in U.S. crude...

Trump-Waxmuseum-011917.jpg The wax figure of President-Elect Donald Trump was unveiled at Madame Tussauds museum in London, two days ahead of his presidential Inauguration in Washington. "The controversial Republican will now reside in our Oval Office section - next to fellow famous politicians and global icons also immortalised...

TheresaMay-WEF-011917.jpg Governments and businesses should adopt a new approach to help everyone benefit from globalization, British Prime Minister Theresa May said Thursday. In a speech at the World Economic Forum meeting at Davos, Switzerland, May urged all businesses to demonstrate leadership through playing by the same tax rules.

wallstreet-011917.jpg Wall Street stocks may open Thursday's session lower, early indications suggest. Jobless claims data may influence the market sentiments. Investors are waiting for the European Central Bank's monetary policy statement this morning. Federal Reserve Chair Janet Yellen and San Francisco Fed President have scheduled their public interactions today. Asian shares traded mixed, while European shares ar

DoorDash-Postmates-011917.jpg Food delivery startup DoorDash and courier service Postmates have joined with robotic delivery developer Starship Technologies for conducting commercial delivery trials over the next few weeks. With Starship's self-driving delivery robots, DoorDash will do the delivery tests in Redwood City, California, while Postmates' tests will take place in Washington, D.C. They will carry food orders ...

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