British shares turned around on Thursday to end the session at their highest in over a month as investors shrugged off a lack of detail from Sino-US trade talks and weak news from the high

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Christmas delivered mixed fortunes for Britain's retailers, earnings and data showed Thursday, as the sector battled a "perfect storm" of higher costs, fierce online competition, stretched household budgets - and Brexit. The nation's biggest retailer,

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Rolls-Royce Motor Cars "belongs to Britain," its chief executive said Thursday amid growing concerns over the possible impact of a no-deal Brexit on the economy. German-owned Rolls-Royce sold a record-high number of luxury vehicles last

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Thousands of auto sector jobs are set to go across Europe, Jaguar Land Rover and Ford announced Thursday, under major restructuring as consumers dump diesel cars for greener electric vehicles. Brexit-facing JLR will axe around

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Saudi Arabia on Thursday awarded a contract to build a $500 million wind farm, a first for the world's top oil exporter as it pushes to diversify its energy sector. A consortium led by France's

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Vodafone said Thursday it planned to cut up to 1,200 jobs in Spain as it streamlines its organisation to cope with a drop in revenue and profits in a fiercely competitive telecommunications market. In a

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The cost of producing goods in China's factories slowed sharply in December, a sign demand remains weak as the US trade war drags on, while consumer inflation also flagged, official data showed Thursday. The producer

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The US economy could take a clear hit from the government shutdown if it continues for a long time, Federal Reserve Chairman Jerome Powell said Thursday. While most previous shutdowns have been fairly short and

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European Central Bank chiefs went ahead and halted a key element of their economic stimulus programme despite a complex, shifting array of risks to growth, an account of their December meeting showed Thursday. Looking ahead,

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The number of Americans filing applications for jobless benefits fell more than expected last week, pointing to sustained labour market strength that could further assuage concerns about the economy's health. The report from the Labour

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