The leaders of five East African countries signed a protocol on Saturday laying the groundwork for a monetary union within 10 years that they expect will expand regional trade.
Royal Mail doubled its operating profit in the first half of the year but parcels growth slowed as customers switched to rival operators in anticipation of a threatened strike. The newly privatised postal operator on Wednesday reported operating
The U.S. trade deficit widened slightly in August as exports slipped, suggesting trade will probably not be much of a boost to growth in the third quarter.
Single currency remains under the cosh as investors bet that the ECB may consider easing monetary policy further in order to combat weak eurozone growth.