Ruble Hits New Record Low Against Dollar --Update

TODAY: Nov. 24, 2014 PUB DATE: Sept. 1, 2014

By Josie Cox The Russian ruble hit a fresh record low against the dollar Monday, burdened by continued fighting in Ukraine over the weekend and European Commission President José Manuel Barroso's warning that the situation was approaching "a point of ...

Merkel Stresses Need for More Sanctions Against Russia

TODAY: Nov. 24, 2014 PUB DATE: Sept. 1, 2014

BERLIN--Germany's Chancellor Angela Merkel Monday stressed the need to prepare more sanctions against Russia because the risk stemming from the country's "unacceptable" behavior in Ukraine outweighs economic risks for German companies. Her comments come after European Union leaders agreed late ...

Estonia Cuts Growth Forecast

TODAY: Nov. 24, 2014 PUB DATE: Sept. 1, 2014

By Liis Kangsepp TALLINN--Estonia cut its growth forecasts for the second time in six months Monday, citing an even bleaker outlook for important export markets, such as Finland, Latvia and Russia. Finance Minister Jurgen Ligi said that growth would be ...

U.K. Consumer Lending in July Highest Since 2008

TODAY: Nov. 24, 2014 PUB DATE: Sept. 1, 2014

By Jason Douglas And Nicholas Winning LONDON--Lending to households in the U.K. rose in July to its highest monthly total in six years, a sign that low interest rates and a fast-growing economy are reviving Britons' appetite for borrowing. Bank ...

US Court Dismisses Antitrust Cases Against Aluminum Traders

TODAY: Nov. 24, 2014 PUB DATE: Sept. 1, 2014

By Matthew Cowley LONDON--A U.S. court has dismissed antitrust cases brought against traders in the aluminum market saying there was no deliberate conspiracy to push up prices. The class-action lawsuits alleged that several banks and trading houses, including Goldman Sachs ...

Consumer Confidence Rose in August -2-

TODAY: Nov. 24, 2014 PUB DATE: Aug. 31, 2014

Pedro Nicolaci da Costa Real Time Economics Blog WSJ.com (END) Dow Jones Newswires August 30, 2014 20:26 ET (00:26 GMT) Copyright (c) 2014 Dow Jones & Company, Inc.

U.S. Works With European Officials to Align Russia Sanctions

TODAY: Nov. 24, 2014 PUB DATE: Aug. 31, 2014

By William Mauldin and Laurence Norman U.S. officials are working closely with the European Union to keep their Russia sanctions programs aligned in timing and severity. On Saturday, European Union leaders agreed to draw up options within a week for ...

EU Gives Russia A Week to Avoid More Sanctions

TODAY: Nov. 24, 2014 PUB DATE: Aug. 31, 2014

By Laurence Norman BRUSSELS--European Union leaders agreed late Saturday to draw up options within a week for possible new sanctions against Russia, with action to follow quickly unless Moscow takes clear steps to scale back its intervention in Ukraine. European ...

Brazil Downturn Hurts Rousseff Election Hopes -- 4th Update

TODAY: Nov. 24, 2014 PUB DATE: Aug. 30, 2014

By Luciana Magalhaes And Rogerio Jelmayer SÃO PAULO--Brazil's economy fell into a technical recession in the second quarter and cut its growth forecast for 2014, delivering another blow to President Dilma Rousseff's re-election hopes just five weeks before voting starts. ...

France Signals Tougher Sanctions on Russia

TODAY: Nov. 24, 2014 PUB DATE: Aug. 30, 2014

By Sam Schechner PARIS--French President François Hollande said on Saturday that probable incursions by Russian troops inside Ukraine will "no doubt" lead the European Union to slap a new round of sanctions on Moscow. Mr. Hollande said that " new ...

EU Expected to Issue New Sanctions on Russia -- Update

TODAY: Nov. 24, 2014 PUB DATE: Aug. 30, 2014

By Laurence Norman in Brussels And Sam Schechner in Paris European Union leaders will agree to new sanctions on Russia, European Commission President José Manuel Barroso and French President François Hollande said on Saturday, amid the deepening crisis in Ukraine. ...

EU Will Agree to New Sanctions on Russia Amid Ukraine Crisis, Barroso Says

TODAY: Nov. 24, 2014 PUB DATE: Aug. 30, 2014

By Laurence Norman BRUSSELS--European Union leaders will agree to new sanctions on Russia, European Commission President Jose Manuel Barroso said on Saturday, following what he called "the further destabilization" of Ukraine. "I expect the leaders of the European Union member ...

EU Leaders Won't Set New Sanctions on Russia, Says Finnish Prime Minister

TODAY: Nov. 24, 2014 PUB DATE: Aug. 30, 2014

By Juhana Rossi HELSINKI--Leaders of European Union member nations won't impose any new sanctions against Russia in their meeting in Brussels on Saturday, Finnish Prime Minister Alexander Stubb said. EU leaders will certainly discuss the escalation of the Ukraine crisis, ...

EU Leaders Call for Tough Response to Russia's Actions in Ukraine -- Update

TODAY: Nov. 24, 2014 PUB DATE: Aug. 30, 2014

By Laurence Norman BRUSSELS--European Union leaders were set to request new options for stepping up sanctions on Russia on Saturday, although some countries remained hesitant about further straining relations with the Kremlin over the Ukraine conflict. With pro-Moscow rebels making ...

U.S. Banks Boosted Lending in 2nd Quarter

TODAY: Nov. 24, 2014 PUB DATE: Aug. 29, 2014

WASHINGTON--U.S. banks, facing a revenue decline and other headwinds, boosted lending in the second quarter at a pace unseen since the financial crisis, according to a government report. The Federal Deposit Insurance Corp. said banks' loan and lease balances rose ...

Asian Shares Mostly Lower

TODAY: Nov. 24, 2014 PUB DATE: Aug. 29, 2014

HONG KONG--Japanese stocks fell Friday as investors digested domestic inflation data after the latest Russia-Ukraine tensions pushed the U.S. market lower overnight. The Nikkei Stock Average, which has rallied since May, was down 0.4%, as data showed Japanese prices rising ...

German July Retail Sales Post Largest Decline in Since 2012

TODAY: Nov. 24, 2014 PUB DATE: Aug. 29, 2014

FRANKFURT--German retail sales in July posted the biggest monthly decline in real terms since January 2012, the country's statistics office said Friday. Retail sales in July fell 1.4% compared with the previous month in real, calendar- and seasonally adjusted terms, ...

Italy's Unemployment Rate Rises to 12.6% in July

TODAY: Nov. 24, 2014 PUB DATE: Aug. 29, 2014

By Liam Moloney ROME--Italy's unemployment rate rose in July, hovering near a 40-year high, due to job losses mainly among men, while the youth jobless rate fell. The official jobless rate advanced to 12.6% in July from 12.3% the previous ...

Italy's August Preliminary CPI in First Fall Since 1959

TODAY: Nov. 24, 2014 PUB DATE: Aug. 29, 2014

ROME--Italy's consumer price index rose in August from July, driven mainly by prices in the transport sector, but fell on an annual basis for the first time in more than half a century, statistics institute Istat said Friday, raising concerns ...