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Economy

Business

Yahoo pays the price for massive data breaches in Verizon deal

Verizon - which is buying Yahoo's core internet business - has cut the purchase price to reflect the financial impact of two massive cyber attacks.

Verizon - which is buying Yahoo's core internet business - has cut the purchase price to reflect the financial impact of two massive cyber attacks.

Business

HSBC's profits plunge dragging down share price

Europe's biggest bank HSBC saw annual pre-tax profit slump 62 percent with hefty writedowns and warned its revenues could fall again this year.

Europe's biggest bank HSBC saw annual pre-tax profit slump 62 percent with hefty writedowns and warned its revenues could fall again this year.

News

Time to replace capitalism with trust?

By Irene Dominioni Amsterdam is famous for its vibrant, avant-garde cafes, but one of them has a particularly intriguing concept.

By Irene Dominioni Amsterdam is famous for its vibrant, avant-garde cafes, but one of them has a particularly intriguing concept.

Business

UK economy resilient at end of 2016, manufacturing jumps

Britain's economy remained resilient at the end of last year despite the UK's surprise vote in June to leave the European Union.

Britain's economy remained resilient at the end of last year despite the UK's surprise vote in June to leave the European Union.

Business

European court rules size doesn't matter in supermarket ads

European Court of Justice rules on a case involving Carrefour and Intermarché over comparisons in adverts between prices in different sized retailers.

European Court of Justice rules on a case involving Carrefour and Intermarché over comparisons in adverts between prices in different sized retailers.

Business

Lower fares shrink Ryanair's profits

Ryanair had to cut its fares more than expected during the last three months of 2016 because of over-capacity, which pulled down profits.

Ryanair had to cut its fares more than expected during the last three months of 2016 because of over-capacity, which pulled down profits.

News

View: Donald Trump’s chaos theory of government

The ideological project that Trump and Bannon will seek to carry out could have far-reaching geopolitical and economic implications that should worry not only progressives, but also dyed-in-the-wool conservatives like me. To understand how far they are willing to go, one must understand their ultima

The ideological project that Trump and Bannon will seek to carry out could have far-reaching geopolitical and economic implications that should worry not only progressives, but also dyed-in-the-wool conservatives like me. To understand how far they are willing to go, one must understand their ultima

Business

Eurozone factory activity ramps up

There was a strong start to 2017 for factory activity in the eurozone as surveys showed it increased at the fastest rate in nearly six years.

There was a strong start to 2017 for factory activity in the eurozone as surveys showed it increased at the fastest rate in nearly six years.

News

Donald Trump and playing with economic matches

By arbitrarily selecting particular businesses to carry out his “commands,” Trump will destroy the core market principles of transparency and fairness.

By arbitrarily selecting particular businesses to carry out his “commands,” Trump will destroy the core market principles of transparency and fairness.

Business

Spanish economy shows strong 2016 growth

Spain's economy hit one of the eurozone's fastest growth rates for 2016 but its consumer-led recovery may slow in the coming months

Spain's economy hit one of the eurozone's fastest growth rates for 2016 but its consumer-led recovery may slow in the coming months

Business

German business morale weakens, but is Trump to blame?

German businesses are gloomier this month according to a survey of 7,000 firms, which may or may not be linked to Trump's protectionist comments.

German businesses are gloomier this month according to a survey of 7,000 firms, which may or may not be linked to Trump's protectionist comments.

News

From cybersecurity to health - 10 takeaways from Davos 2017: opinion

Dominic Waughray, Head of Public Private Partnership World Economic Forum More than 3,000 participants from nearly 100 countries, including over 50

Dominic Waughray, Head of Public Private Partnership World Economic Forum More than 3,000 participants from nearly 100 countries, including over 50

News

Trump's inauguration overshadows Davos

Global elite in Davos consider the Trump presidency - will he act on what he says, or rather Tweets or whether he will prove to be more pragmatic?

Global elite in Davos consider the Trump presidency - will he act on what he says, or rather Tweets or whether he will prove to be more pragmatic?

News

Oxfam report shows widening disparity between rich and poor

Released on the eve of the World Economic Forum, the damning document states that eight of the world's richest people together possess as much wealth as the 3.6 billion poorest combined.

Released on the eve of the World Economic Forum, the damning document states that eight of the world's richest people together possess as much wealth as the 3.6 billion poorest combined.

News

Davos: toxic politics take the shine off a stronger economy

The four-day affair of panel discussions, lunches and cocktail parties will touch on subjects as diverse as terrorism, artificial intelligence and wellness - but focus on the rise of populism.

The four-day affair of panel discussions, lunches and cocktail parties will touch on subjects as diverse as terrorism, artificial intelligence and wellness - but focus on the rise of populism.

News

'Trust gap' widens as Davos summit opens

The majority of people no longer believe that the economic and political systems work in their favour, a new report reveals

The majority of people no longer believe that the economic and political systems work in their favour, a new report reveals

News

Mexico vows to keep prices stable as anger mounts

In a bid to contain rising prices in the face of mounting street anger, Mexican President Enrique Pena Nieto has set out a plan to help struggling families.

In a bid to contain rising prices in the face of mounting street anger, Mexican President Enrique Pena Nieto has set out a plan to help struggling families.

News

Opinion: Trumpian Uncertainty

By Joseph E. Stiglitz, Recipient of the Nobel Memorial Prize in Economic Sciences in 2001 and Professor at Columbia University NEW YORK – Every

By Joseph E. Stiglitz, Recipient of the Nobel Memorial Prize in Economic Sciences in 2001 and Professor at Columbia University NEW YORK – Every

Business

UK and Irish services sectors see fast growth

Britain's economy finished 2016 strongly according to industry surveys, but companies are forecasting price rises from higher raw materials costs.

Britain's economy finished 2016 strongly according to industry surveys, but companies are forecasting price rises from higher raw materials costs.

News

Chile minister's sex doll gift blows up into Twitter storm

Chile’s Economy Minister Luis Felipe Cespedes found himself in hot water after he was presented with an inflatable sex doll at an industry dinner.

Chile’s Economy Minister Luis Felipe Cespedes found himself in hot water after he was presented with an inflatable sex doll at an industry dinner.

Business

Fininvest and Vivendi face off over Italian broadcaster Mediaset

Mediaset's top shareholder Fininvest and Vivendi have both raised their stakes in the Italian broadcaster leading to talk of a hostile takeover bid.

Mediaset's top shareholder Fininvest and Vivendi have both raised their stakes in the Italian broadcaster leading to talk of a hostile takeover bid.

Business

Lyon's light festival gives business big boost

Lyon’s festival of light is not only an important economic barometer for France’s second city, it is also a useful gauge for the whole country.

Lyon’s festival of light is not only an important economic barometer for France’s second city, it is also a useful gauge for the whole country.