Retail sales ease in July as expected

Eurozone retail sales slump 2.1%
Retail sales across the 15 euro nations fell more than expected in October, increasing the chance of an interest rate cut.

Spain unveils 11bn euro stimulus
Spain launches an 11bn euros (£9.2bn) economic boost plan aimed at creating 300,000 jobs in 2009.

Long, painful recession is likely - survey
A survey of leading economists showed Monday that the likelihood of a prolonged recession has increased significantly as economic conditions continue to deteriorate.

Stocks hammered by retail sales
Stocks tumbled Friday morning as the worst retail sales on record gave investors a reason to bail after the previous session's massive rally.

US retail sales in record plunge
US retail sales fell sharply last month, recording the biggest monthly decline since 1992, as hard-up consumers avoided the shops.