By Andy Bruce and William Schomberg LONDON (Reuters) -Britain's economy contracted by less than expected in May despite the impact

The average interest rate on the most popular U.S. home loan fell last week to its lowest level

Goldman Sachs Group Inc. expects inflation in Australia and New Zealand to ease to “a bit below” 3%

By Lucia Mutikani WASHINGTON Sales of new U.S. single-family homes jumped to a 13-month high in April, boosted

Russia's annual inflation crept back above the central bank's 4% target in the week to July 24 for

Elon Musk's Twitter acquisition, and the series of content policy changes that ensued, has led to a dramatic

China’s economy gained momentum last quarter as people ramped up spending on everything from restaurants and alcohol to

Investors largely betting against a European Central Bank interest-rate increase next week are “maybe” underestimating the likelihood of

U.S. stock index futures slipped on Monday as a growing conflict between Israel and the Palestinian Islamist group

European airline passengers risk another summer of travel chaos as destinations including Budapest, Marseille and Athens face an

Economists are downgrading their forecasts for Hong Kong’s economic growth this year following worse-than-expected data for the second

By Joanna Plucinska and Angelo Amante LONDON/ROME Lufthansa's purchase of a minority stake in Italy's loss-making ITA Airways