People walking past a retail store that is having a sale in Rome. Italy slid into recession for the third time since 2008 in the second quarter. Photograph: Stefano Rellandini/Reuters

The European Central Bank (ECB) faces fresh calls to adopt growth-boosting measures after data out yesterday showed growth in the euro zone has stalle(...)

Euro zone industrial production contracted unexpectedly in June, hurting hopes for a stronger recovery as the region feels the effect of conflict in Ukraine, Iraq and and Gaza.  Photograph: David Jones/PA Wire

Euro zone industrial production contracted unexpectedly in June, hurting hopes for a stronger recovery as the region feels the effect of conflict in U(...)

ING Bank: abandoned dividends after its €10bn state bailout in 2008. Photographer: Andrey Rudakov/Bloomberg

ING shareholders will get double the dividend expected in 2015 if the ECB’s bank tests do not produce upsets for the Dutch banking giant, its chief fi(...)

 Shoppers cross Oxford Street between a line of buses and taxis in London. Photograph:  Peter Macdiarmid/Getty Images

British inflation unexpectedly surged to a five-month high last month and house prices continued to accelerate, prompting financial markets to increas(...)

European Central Bank president Mario Draghi commented last week that policymakers were prepared to add economic stimulus next month, fuelling the so-called yield grab. Photograph: Reuters/Francois Lenoir

Ireland’s long-term borrowing costs remained near record lows yesterday on foot of a possible ratings upgrade from Moody’s later in the week and sp(...)

Alan Duffy has been appointed HBSC’s new chief executive for Ireland.

HSBC has named its new chief executive for its Irish business, with its head of corporate banking Alan Duffy taking up the role. The current chief exe(...)

S&P said extraordinary government support for these banks would likely diminish as regulators implement the reforms, downgrading them to ‘negative’ from ‘stable. Photograph: Justin Lane/EPA

Ratings agency Standard & Poors said it has downgraded 15 European banks, including Bank of Ireland, Barclays Credit Suisse and Deutsche Ba(...)

German economics minister Sigmar Gabriel: said “the driving force” behind growth  is domestic demand. Photograph: John MacDougall/AFP

Germany is facing into a broad-based, domestic-driven economic upswing, official data indicated yesterday, with growth hitting 1.8 per cent this ye(...)

A vendor counts Russian rouble banknotes at a market in Moscow, March 3, 2014. Russian assets tumbled and the central bank hiked interest rates on Monday as markets took fright at the escalating tensions with neighbouring Ukraine. The rouble was down 2 percent to 36.41 against the dollar and it was also down 1.2 percent to 50.10 against the euro, trading at all-time lows. REUTERS/Maxim Shemetov (RUSSIA - Tags: BUSINESS)

US stocks sank, tracking a global selloff in equities, as Russia’s threat to invade Ukraine sent investors searching for havens. The Sta(...)

Rabobank’s interim chief executive Rinus Minderhoud (left) and chief financial officer Bert Bruggink  speak before presenting the annual results at their headquarters in Utrecht today. Photograph: Michael Kooren/Reuters

Dutch lender Rabobank said net profit dipped 2 per cent last year as a $1 billion (€730 million) fine for rigging benchmark interest rates and (...)