FRANKFURT (Reuters) – The European Central Bank agreed on Thursday to launch a new and potentially unlimited bond-buying program to lower struggling euro zone countries’ borrowing costs and draw a line under the debt crisis.
WASHINGTON (Reuters) – Private employers added a stronger-than-expected 201,000 jobs in August and new claims for jobless benefits fell last week to the lowest level in a month, upbeat signals for a struggling labor market.
BRUSSELS (Reuters) – Strong exports limited the euro zone’s economic contraction in the second quarter of this year despite falling investment, inventories and private consumption that point to output shrinking overall in 2012.
FRANKFURT (Reuters) – European Central Bank chief Mario Draghi faces the most decisive moment of his presidency on Thursday when he tries to heal divisions among policymakers and deliver on his promise to save the euro.
BEIJING (Reuters) – China’s export growth probably edged up from extreme low levels in August while a slump in import was seen deepening, according to a Reuters poll, reflecting concerns that the world’s second-largest economy may have cooled further in the third quarter.
BERLIN (Reuters) – German industrial orders rose more than forecast in July due to a solid increase in domestic contracts, Economy Ministry data showed on Thursday, boosting hopes that domestic demand will prop up Europe’s largest economy during the euro zone crisis.
ATHENS (Reuters) – Greek unemployment rose by almost a full percentage point in June, leaving close to a quarter of the workforce idle, as Athens struggles to find yet more austerity measures to appease its lenders.