Europe
Defying odds, comet lander phones home
The mission of the first robotic probe to land on a comet reached a high point on Friday when the spacecraft radioed back to Earth that it had successfully drilled into the comet's body.
Weekly Economic Recap: US Growth performance in line with projections; UK Growth and inflation forecasts lowered; Japan GDP data takes centre stage
The positive news on German and French GDP have calmed the fears over stagnating Eurozone economy. the International Monetary Fund said that growth performance is in line with projections in the United States and China. BoE Governor Carney lowered growth and inflation forecasts for UK. Japan's GDP data will be a very crucial factor in Prime Minister Abe’s decision on whether or not to increase the consumption tax from 8 percent to 10 percent.
IEA sees new era, no quick rebound in oil prices
The oil market has entered a new era with lower Chinese economic growth and booming U.S. shale output, making a return soon to high prices unlikely, the West's energy watchdog said on Friday.
Stocks struggle after euro zone growth reports
European stocks fell back on Friday and U.S. stocks looked set to open flat after a mixed bag of euro zone growth numbers that showed France and Germany growing marginally but others like Italy still firmly in recession.