EU's 2014 budget set
EUROPEAN Union spending will total €135.5bn in 2014 under a deal reached by EU negotiators, which included extra funds to fight soaring youth unemployment in the 28-nation bloc.
The deal, which cuts EU spending by about 6pc from this year, is the first to reflect the new terms for EU budgets from 2014-20 agreed in February.
TRADE SURPLUS SHRINKS
IRELAND's trade surplus narrowed fractionally in August as exports slipped, according to the Central Statistics Office (CSO).
Latest data shows that exports in August totalled €6.96bn, down from €7.6bn the previous month. Imports remained steady at €3.9bn.
UK INFLATION BOOST
UK inflation slowed more than economists forecast in October and is now the closest it's been to the Bank of England's 2pc target since September 2012.
Consumer prices rose 2.2pc from a year earlier compared with 2.7pc the previous month, the Office for National Statistics said.
HILARY ON GUEST LIST
HILARY Clinton could be coming to Belfast next May to attend the 2014 International Business Women's Conference.
The conference, hosted by Northern Irish networking group Women in Business NI, aims to build business partnerships and create an 'economic ripple effect' among business women. Confirmed speakers include Communicorp chair Lucy Gaffney, Ariadne Capital's Julie Meyer and former UBS MD Anita Sands.
SPAIN REPORT DITCHED
Eurostat, the European Union's statistics agency, withdrew a report criticising Spain's processes for reporting budget data after consultations with the country's government.
EU statisticians, who had said Spain lacked "initiative" in addressing flaws in its budget data, removed the report, published in April, from their website in order to revise their comments.
US TO TOP OIL LIST
The US will surpass Russia and Saudi Arabia as the world's top oil producer by 2015, and be close to energy self-sufficiency in the next two decades, amid booming output from shale formations, the International Energy Agency said.
Crude prices will advance to $128 a barrel by 2035 with a 16pc rise in consumption supporting the development of so-called tight oil in the US and a tripling in output from Brazil.