Market and Exchange

BRUSSELS (Reuters) - Critics ridiculed European Union bureaucrats on Saturday for taking time off fighting the euro zone's debt crisis to impose strict new rules on how restaurants serve olive oil. From January 1, 2014, eateries will be banned from...

WASHINGTON -- Consumer sentiment perked up in May to its highest level in more than six years, according to a survey released Friday, helped by falling gasoline prices, a rising stock market and firmer housing prices. The preliminary May reading of the...

* Fed's Williams says stimulus reduction could start this summer * U.S. consumer sentiment rises to nearly six-year high * U.S. dollar index hits nearly three-year high * Dow, S&P 500 surge to record closing highs By Herbert Lash NEW YORK, May 17...

NEW YORK (Reuters) - The U.S. dollar soared against major currencies on Friday on growing speculation that the Federal Reserve could soon begin to rein in its bond-buying program and after data showed U.S. consumer sentiment hit an almost six-year high in...

(Nicholas Wapshott is a Reuters columnist but his opinions are his own.) By Nicholas Wapshott May 17 (Reuters) - In the nearly five years since the worst financial crash since the Great Depression, the remedy for the world's economic doldrums has...

NEW YORK (Reuters) - The dollar rallied across the board on Friday, topping the 103-yen level as it hit a 4-1/2-year high against the Japanese currency, after data showing a robust rebound in U.S. consumer sentiment prompted investors to add to bullish...

ORLEANS, France (Reuters) - The European Central Bank will keep its loose and growth-supportive monetary policy stance in place for "quite a long time", ECB executive board members said on Friday. With the euro zone economy stuck in recession, the ECB...

BRUSSELS (Reuters) - Saving pocket change may not end the euro zone crisis, but the European Commission hopes that scrapping the smallest coins could help penny-pinching governments cut costs. The European Commission outlined proposals this week for...

BRUSSELS (Reuters) - European officials gave a lukewarm response to French President Francois Hollande's sweeping proposals for deeper euro zone integration on Friday, noting that many of his ideas were already in circulation. In a 2-1/2-hour news...

* C$ at C$1.0311 vs US$, or 96.98 U.S. cents * US$ strengthens near 10-mth high on Fed QE debate * Bond prices rise across curve By Solarina Ho TORONTO, May 17 (Reuters) - The Canadian dollar weakened to its softest level against its U.S. counterpart...

* Fed's Williams says could begin stimulus withdrawal this summer * U.S. consumer sentiment rises to highest in nearly 6 years * U.S. dollar index hits nearly three-year high, stocks climb * U.S. Treasuries prices fall further after sentiment data By...

* FTSEurofirst 300 up 0.2 pct, Euro STOXX 50 up 0.4 * Indexes up for 4th consecutive week * U.S. data pushes FTSEurofirst 300 to new 5-yr high * Auto stocks lead cyclical rally after sales increase By Francesco Canepa LONDON, May 17 (Reuters) - A...