BRUSSELS May 5 (Reuters) - The European Commission slashed Greek economic growth and primary surplus projections on Tuesday and forecast deeper price falls and a higher public debt as a result of uncertainty that has dogged Athens policy direction ...
The central bank lowered rates by 25 basis points in a widely expected move, taking the benchmark lending rate to a new record low of 2 percent.
Asian stocks mostly fell on Tuesday as concerns over slowing economic growth in China and a firmer dollar kept investors on edge amid a quiet day on the economic front.
Investing.com - The Reserve Bank of Australia cut its cash rate by 25 basis points to a record low 2.00% as expected on Tuesday, citing a subdued inflation outlook and eyeing a further fall in the Australian dollar.
Deutsche Lufthansa AG said it sees �great pressure to act� to reduce a swelling pension deficit as it seeks to overcome a series of strikes that cast a shadow on first-quarter earnings.