G20 economies grow in late 2012, despite dip in Europe

PARIS: Economic growth in G20 countries climbed by 0.5 per cent in the fourth quarter of 2012, slowing only slightly from the 0.6 per cent pace recorded in the previous three-month period despite heavy contractions across Europe, preliminary estimates from the OECD showed Wednesday.

UK growth muted as outlook for OECD improves

The UK’s recovery is losing pace, according to the Organisation for Economic Co-operation and Development (OECD), underlining the pressure on the Chancellor ahead of next week’s Budget.

European Stocks Post Biggest Weekly Rally in Two Months

European stocks posted their biggest weekly advance in two months as employers in the U.S. increased their payrolls more than forecast and optimism mounted that central banks will continue to stimulate their economies.

Wall Street looks for Fed to continue asset purchase through 2013: Reuters poll

NEW YORK (Reuters) - Wall Street expects the Federal Reserve to continue its program of debt purchases through 2013 in an effort to prop up the economy despite evidence of an improved job market, according to a Reuters poll conducted on Friday.

Turkish decision on bank interest rates unfair: Banks association

ISTANBUL: A Turkish watchdog's decision to fine banks a record amount for collusion on interest rates was inconsistent and unfair, the country's banking association said on Saturday.

Canada private sector economists cut growth forecasts: Flaherty

OTTAWA (Reuters) - Private sector economists have cut their growth forecasts for the Canadian economy in 2013 due to volatile market conditions in the United States and Europe, Finance Minister Jim Flaherty said on Friday.

France calls on Europe to ease off austerity

BRUSSELS (AP) — France has called on fellow European nations to ease off on painful austerity policies to give the economy some breathing space and avoid social upheaval.