The U.S. factory sector grew at its slowest pace in six months in December, a sign that weakness in the global economy is weighing on the United States.
Industry
Unemployment at record low in Germany, record high in Italy
Germany's unemployment rate dropped to a record low of 6.5 percent in December while Italy's pushed up to a new high of 13.4 percent, underscoring the vast differences within the struggling euro zone economy.
U.S. retail mall vacancies rise in fourth quarter: Reis
U.S. retail mall vacancies rose in the fourth quarter from the third, mainly due to the closure of some Sears Holdings Corp (SHLD.O) stores, according to real estate research firm Reis Inc (REIS.O).
China fourth-quarter GDP growth may slow to 7.2 percent, weakest since first quarter 2009
China's annual economic growth likely slowed to 7.2 percent in the fourth quarter, the weakest since the depths of the global crisis, a Reuters poll showed, which would keep pressure on policymakers to head off a sharper slowdown this year.
Euro dives to nine-year low as U.S. dollar surges
The euro tumbled to its lowest since early 2006 in Asia on Monday as a wave of stop-loss sales were tripped on the break of major chart support, sending the U.S. dollar flying higher against a range of competitors.
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China's growth engine looks to have ended last year on a flat note as its massive factory sector sputtered in December, though ebbing price pressures also offered scope for more policy stimulus from Beijing and across much of Asia.
The number of Americans filing new claims for jobless benefits rose more than expected last week, but the trend remained consistent with sustained strength in the labor market.
China's factory activity sputtered in December, underlining the challenges facing the country's manufacturers as they fight rising costs and softening demand in a cooling economy.
The dollar was on track to end 2014 with a gain of 12 percent against a basket of major currencies, and anticipated U.S. interest rake hikes may strengthen its appeal in the new year.
An ice-cream store listed in the Guinness World Records book for its 863 different flavours has become the latest victim of Venezuela's economic crisis.
Chinese industrial profits dropped 4.2 percent in November to 676.12 billion yuan ($108.85 billion), official data showed on Saturday, the biggest annual decline since August 2012 as the economy hit major unexpected headwinds in the second half.
The world's two largest credit and debit card companies, Visa Inc and MasterCard Inc, said on Friday they could no longer support bank cards being used in Crimea, following U.S. sanctions imposed earlier this month.
Russian President Vladimir Putin ordered his government on Wednesday to rein in rising vodka prices, as he battles to preserve his popularity amid an aggravating economic crisis.
Oil edged above $60 a barrel on Friday as unrest in Libya cut supplies, offsetting a growing supply glut in top consumer the United States and weak imports by Japan.
