Business Blog

China revises up 2013 economy size

China revises up the size of its economy in 2013 by 3.4%, which works out to about the size of Malaysia's economic output.

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Nick Hewer to leave The Apprentice

Lord Sugar's adviser on The Apprentice Nick Hewer announces he is to leave the BBC One show after a decade.

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© bbc.co.uk

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GLOBAL MARKETS-Equities surge on Fed cues; oil resumes decline

(Adds Wall Street close, latest prices) * Wall Street gains more than 2 pct * Swiss central bank to charge for deposits, franc hit * Brent oil falls under $60 a barrel By Michael Connor NEW YORK, Dec 18 (Reuters) - Global equities markets rallied on...
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GLOBAL MARKETS-Equities rise on Fed signals; oil resumes declines

* Wall Street on track for second day of strong gains* Swiss central bank to charge for deposits, franc hit* Oil slides again after short-covering gainsBy Michael ConnorNEW YORK, Dec 18 (Reuters) - Global equities markets rallied on Thursday, with Wall Street up more than 1 percent for a second straight day with investor sentiment buoyed by comments from the U.S. Federal Reserve&aposs last policy
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GLOBAL MARKETS-Stocks climb on Fed policy signals; oil slips again

(Updates with Wall Street rally, latest prices; changes dateline; previous LONDON)* Wall Street on track for second day of strong gains* Shares jump as Fed pledges to be patient on withdrawing stimulus* Oil down after brief short-covering gainsBy Michael ConnorNEW YORK, Dec 18 (Reuters) - Global equities markets rallied on Thursday, with Wall Street up more than 1 percent for a second straight day
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GLOBAL MARKETS-Franc drops as Swiss announce negative rates; stocks jump after Fed

* Swiss franc tumbles as SNB introduces negative depo rate* Shares jump as Fed pledges to be patient on withdrawing stimulus* Wall St expected to rally again after biggest gain of year* Treasury yields edge up, oil up for second day* Rouble drops as Putin talks tough on rift with WestBy Marc JonesLONDON, Dec 18 (Reuters) - The Swiss franc tumbled on Thursday after its central bank announced a char
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