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A no-deal Brexit would almost certainly mean Britain's credit rating would be cut again early next year, rating agency Fitch warned on Monday.

The Federal Reserve will raise interest rates later this week and probably again early next year, but that will be the end of tightening cycle and it won't be long before rate cuts are on the table.

As U.S. bank stocks tanked this month over fears of an impending recession, industry executives downplayed concerns to colleagues, analysts and journalists, arguing that the economy is in great shape.

A decade ago, Kentucky's Anderson Manufacturing was a small machine shop that didn't make firearms. By 2016, it was making more rifles than Smith & Wesson, according to the latest available data from the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF). Anderson's big seller: assault-style...

Joint venture to take £1.6bn stake in £9bn London redevelopment

* EU Commission says equivalence to be reviewed before June 30

HBIS Group, China's second-biggest steelmaker, has signed a memorandum of understanding on a $4.4 billion project in the Philippines that will eventually produce 8 million tonnes of steel per year, according to Chinese state media reports and a statement from the Philippines.

A ‘grand coalition’ should govern until March 29 and then give way to new elections

Germany's dominant car industry may take longer than feared to recover from a slump, weighing on growth in the euro zone's biggest economy, the Bundesbank said in a monthly economic report on Monday.

* Bank sells assets worth over $700 mln (Recasts, adds context, deal size)