Recovery from recession: For US businesses, it has been the best in decades

The economic recovery from the recession that officially ended in 2009 has been extremely disappointing for US consumers.

Banks to repay ECB 616 million euros of crisis loans

FRANKFURT: Banks will return early 616 million euros ($805.29 million) of crisis loans to the European Central Bank next week, the lowest amount since banks started to repay the funds earlier this year.

ECB's Draghi 'ready to act if needed'

The European Central Bank (ECB) said it was "ready to act if needed", should more be required to boost the eurozone's economic health.

Global consumer confidence improves, noticeably in U.S., Japan

LONDON (Reuters) - Global consumer confidence rose in the first quarter, with a marked increase in sentiment in the United States, Japan and northern Europe, a survey showed on Wednesday.

Cyprus parliament readies for bailout vote

NICOSIA: Cyprus' lawmakers are voting Tuesday on a multi-billion bailout agreement aimed at preventing the country from going bankrupt.