Mario Draghi has has urged eurozone countries to accelerate overhauls of their economies not only to raise growth and bring down unemployment, but also to allow monetary policy makers to deliver faster inflation.
Deere DE 0.54 % & Co. said its profit dropped 30% in the latest quarter, blaming weak conditions in the global farm economy that continue to affect the agricultural sector.
LONDON: Oil prices slipped on Friday as worries over the impact of war in the Middle East on crude supplies were outweighed by reports of profit-taking ahead of a long weekend.
US Markets closed mostly lower in the trading session today on the back of the release of the FOMC minutes which are pointing towards the fact that a rate hike in June is highly unlikely.
FRANKFURT—German economic growth slowed in the first quarter and companies scaled back their business expectations in May, according to data published Friday, clouding the outlook for Europe's largest economy.