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Economy

Showing 30 results for 'Economy'

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Business

The difficult task of securing Egypt's financial future

Egypt's $12 billion (10.7 billion euro) loan from the International Monetary Fund dominated a major conference in Cairo on the country's financial future.

Egypt's $12 billion (10.7 billion euro) loan from the International Monetary Fund dominated a major conference in Cairo on the country's financial future.

Business

Samsung raises money amid costly Note 7 recall

Samsung says it has sold all or part of stakes it held in four technology companies - ASLM, Rambus, Seagate and Japan's Sharp - to free up money to invest in its core businesses.

Samsung says it has sold all or part of stakes it held in four technology companies - ASLM, Rambus, Seagate and Japan's Sharp - to free up money to invest in its core businesses.

News

EU needs to focus on areas its citizens care about, says Romanian PM

The EU should concentrate on issues like security and the economy as it seeks to restore the trust of its citizens, Romanian prime minister Dacian Ciolos said.

The EU should concentrate on issues like security and the economy as it seeks to restore the trust of its citizens, Romanian prime minister Dacian Ciolos said.

News

When hope is stronger than hardship: bright ideas bring change to war-ravaged Ukraine

A collection of stories of Ukrainians who have started inspiring social and business projects in the eastern Donbas region, in the hope that development will help bring peace to a land now in its thir

A collection of stories of Ukrainians who have started inspiring social and business projects in the eastern Donbas region, in the hope that development will help bring peace to a land now in its thir

Business

LEGO expands to beat supply-chain bottlenecks

LEGO is blaming a lack of production capacity for a decline in revenue growth and profits in the first half of the year, addressing that with big investment plans.

LEGO is blaming a lack of production capacity for a decline in revenue growth and profits in the first half of the year, addressing that with big investment plans.

News

UK's Boris Johnson in Bratislava ahead of EU Summit of the EU 27

While the UK question hangs over Europe, Brexit is not on the official agenda for the upcoming informal EU Summit on 16 September in Bratislava A flurry of pre-summit meetings have already been taking

While the UK question hangs over Europe, Brexit is not on the official agenda for the upcoming informal EU Summit on 16 September in Bratislava A flurry of pre-summit meetings have already been taking

Business

Italian economy stagnated in Q2

It has been confirmed Italy's economy stagnated in the period from April to June not growing at all from the first three months of the year.

It has been confirmed Italy's economy stagnated in the period from April to June not growing at all from the first three months of the year.

Business

German jobless rate falls again, retail sales data mixed

German unemployment was down again in August for the 12th straight month. Retail sales grew month-on-month in July, but declined from a year earlier.

German unemployment was down again in August for the 12th straight month. Retail sales grew month-on-month in July, but declined from a year earlier.

Business

Barroso Goldman Sachs pension protest petition grows

Close to 80,000 people have signed an online petition calling for former European Commission president José Manuel Barroso to lose his EU pension for taking a job with Goldman Sachs.

Close to 80,000 people have signed an online petition calling for former European Commission president José Manuel Barroso to lose his EU pension for taking a job with Goldman Sachs.

Culture

Is the party over for London?

London is one of the world's nightlife capitals, with a vibrant club and music scene that earns billions for the economy. But clubs are closing at a record rate and stricter laws mean many fear that t

London is one of the world's nightlife capitals, with a vibrant club and music scene that earns billions for the economy. But clubs are closing at a record rate and stricter laws mean many fear that t

Business

Eurozone GDP growth slows in Q2, French economy stalls

The eurozone's economic growth slowed between April and June. It was 0.3 percent quarter-on-quarter, half of the 0.6 percent growth recorded in the first three months of 2016.

The eurozone's economic growth slowed between April and June. It was 0.3 percent quarter-on-quarter, half of the 0.6 percent growth recorded in the first three months of 2016.

Business

UK heading for recession post-Brexit, finance minister promises response

UK finance minister Philip Hammond has promised a 'reset' of government policy if Britain's economic weakness continues after business surveys showed a fall in orders and confidence.

UK finance minister Philip Hammond has promised a 'reset' of government policy if Britain's economic weakness continues after business surveys showed a fall in orders and confidence.

Business

Hungary resists foreign workers amid labour shortages

Hungary - despite having a labour shortage and one of the lowest birth rates in Europe - is resisting foreigners working there, but that might be changing.

Hungary - despite having a labour shortage and one of the lowest birth rates in Europe - is resisting foreigners working there, but that might be changing.

Business

International Monetary Fund sees feeble growth for Italian economy

The International Monetary Fund predicts GDP growth for Italy of less than one percent this year and only slightly more in 2017, with Brexit and debt-laden banks the biggest factors.

The International Monetary Fund predicts GDP growth for Italy of less than one percent this year and only slightly more in 2017, with Brexit and debt-laden banks the biggest factors.

Europe

EU warns Spain, Portugal over spending

EU finance ministers say Spain and Portugal have broken the bloc’s budget rules and have not done enough to reduce their deficits.

EU finance ministers say Spain and Portugal have broken the bloc’s budget rules and have not done enough to reduce their deficits.

Business

French economic growth 0.2% in Q2

France's economy grew by 0.2 percent between April and June from the previous three months according to the latest estimate from the country's central bank.

France's economy grew by 0.2 percent between April and June from the previous three months according to the latest estimate from the country's central bank.

Business

Brexit sparks London commercial property panic

London's commercial property market has been shaken up by the Brexit vote with property funds having to be frozen to stop investors taking all their money out.

London's commercial property market has been shaken up by the Brexit vote with property funds having to be frozen to stop investors taking all their money out.

Europe

EU seeks to sanction Spain, Portugal over spending

Spain and Portugal could faces fines for breaching EU spending rules after the European Commission opened a sanctions procedure on Thursday over both countries failure to tackle their budget…

Spain and Portugal could faces fines for breaching EU spending rules after the European Commission opened a sanctions procedure on Thursday over both countries failure to tackle their budget…

Business

New 50 euro banknote to fight forgery, reaffirm ECB's commitment to cash

The European Central Bank has unveiled the design and high-tech security features for the 50 euro banknote - the most widely counterfeited bill - before it goes into circulation next April.

The European Central Bank has unveiled the design and high-tech security features for the 50 euro banknote - the most widely counterfeited bill - before it goes into circulation next April.

News

EU extends sanctions against Russia over Ukraine

The European Council has extended economic sanctions targeting specific sections of the Russian economy for a further six months.

The European Council has extended economic sanctions targeting specific sections of the Russian economy for a further six months.

Business

Saddled with 1.3 billion euros of debt, Greek retailer Marinopoulos gets bankruptcy protection

Greece's biggest supermarket chain, Marinopoulos, has gained protection from its creditors from an Athens court while it restructures. It has debts of 1.3 billion euros, half to banks and half to supp

Greece's biggest supermarket chain, Marinopoulos, has gained protection from its creditors from an Athens court while it restructures. It has debts of 1.3 billion euros, half to banks and half to supp

Business

George Soros says Brexit can lead to positives for Europe

George Soros has told the European Parliament that Britain's vote to leave the European Union was a "great shock" but "the tragedy no longer looks like a fait accompli".

George Soros has told the European Parliament that Britain's vote to leave the European Union was a "great shock" but "the tragedy no longer looks like a fait accompli".