The UK economy grew twice as fast as economists predicted in the second quarter of 2010 and at the fastest pace in four years as services, manufacturing and construction all rebound.
Asian markets rose in Wednesday trading as investor were given confidence by strong earnings from Apple and China announcing that they may roll back policy-tightening measures later this year.
BP shares fell as much as 5% on Monday amid new fears that a fresh leak was spilling oil into the Gulf of Mexico despite the newly-installed containment cap holding back most of the leak.
Another BRIC in the wall: how Brazil will benefit from sporting and investment success
With the 19th World Cup officially over in South Africa and with Spain still celebrating their first ever win of the Jules Rimet trophy, all eyes are now turned towards Brazil for the 2014 World Cup.
UK pension changes to see reduced final salary scheme payouts
Plans to change the measure of inflation to which pension payments are calculated could mean that millions of private sector pension holders could see their income cut.
Luxury retail sales in the US are growing at the fastest pace in four years, signalling that consumers are not concerned with unemployment and depressing data.
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