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Finance

Business

EU looks to defending its interests over Brexit

European Union finance ministers have been discussing Brexit, prepared to defend the members states' interests during divorce negotiations.

European Union finance ministers have been discussing Brexit, prepared to defend the members states' interests during divorce negotiations.

Business

G20 finance ministers ponder how strongly to defend free trade

Faced with Trump's threats, world financial leaders are seeking a common stance on trade and rejecting protectionism at the G20 meeting in Germany.

Faced with Trump's threats, world financial leaders are seeking a common stance on trade and rejecting protectionism at the G20 meeting in Germany.

News

Financial markets braced for US interest rate hike

Federal Reserve policymakers have started a two-day meeting which is almost certain to produce an increase in the cost of borrowing in the US.

Federal Reserve policymakers have started a two-day meeting which is almost certain to produce an increase in the cost of borrowing in the US.

Business

Britain sets Brexit budget course

Britain's finance minister Philip Hammond spelt out the government's plans to steer the economy through its departure from the European Union.

Britain's finance minister Philip Hammond spelt out the government's plans to steer the economy through its departure from the European Union.

News

Obama's men out, Trump's in: What impact on global finance?

As central bankers bid farewell to the devil they know, financial regulation has entered a period of high uncertainty – and high anxiety for policymakers as they await an announcement from Mar-a-Lago.

As central bankers bid farewell to the devil they know, financial regulation has entered a period of high uncertainty – and high anxiety for policymakers as they await an announcement from Mar-a-Lago.

Business

LSE-Deutsche Boerse merger seen set to fail

A merger between the London Stock Exchange and Germany's Deutsche Boerse looks to be heading for collapse over competition issues.

A merger between the London Stock Exchange and Germany's Deutsche Boerse looks to be heading for collapse over competition issues.

Business

Royal Bank of Scotland makes a loss for ninth straight year

Royal Bank of Scotland - the subject of the world's biggest bank rescue - has announced losses of 6.96 billion pounds (8.2 billion euros) for 2016.

Royal Bank of Scotland - the subject of the world's biggest bank rescue - has announced losses of 6.96 billion pounds (8.2 billion euros) for 2016.

News

Manchester United move top of football's rich list

Premiership success may have eluded them in recent years, but that hasn’t stopped Manchester United topping football’s latest rich list.

Premiership success may have eluded them in recent years, but that hasn’t stopped Manchester United topping football’s latest rich list.

News

Venezuela's Maduro hikes minimum wage by 50 percent

Venezuela’s embattled President Nicolas Maduro has announced a 50 percent increase in the minimum wage in a bid to combat runaway inflation.

Venezuela’s embattled President Nicolas Maduro has announced a 50 percent increase in the minimum wage in a bid to combat runaway inflation.

News

Greek annual Christmas card calls lenders 'Scrooge'

Greek finance ministry seems to take aim at country's lenders with annual Christmas card depicting Dickensian miser

Greek finance ministry seems to take aim at country's lenders with annual Christmas card depicting Dickensian miser

Business

How do Europe’s New Banking Regulation Proposals Change International Agreements?

Euronews’ Maithreyi Seetharaman asked Valdis Dombrovskis, the European Commission Vice President for the Euro & Social Dialogue, Financial Stability, Financial Services & Capital Markets Union, if the

Euronews’ Maithreyi Seetharaman asked Valdis Dombrovskis, the European Commission Vice President for the Euro & Social Dialogue, Financial Stability, Financial Services & Capital Markets Union, if the

Business

The banking conundrum

2016 has been quite the rollercoaster year for European banks, with elections, regulations and other surprises making investors nervous.

2016 has been quite the rollercoaster year for European banks, with elections, regulations and other surprises making investors nervous.

News

Where in the EU are employees best and worst paid?

The UK is the only major EU economy where average wages have failed to return to pre-crisis levels, new figures reveal.

The UK is the only major EU economy where average wages have failed to return to pre-crisis levels, new figures reveal.

Business

EU penalises banks for fixing Euribor interest rates

JPMorgan Chase, Credit Agricole and HSBC have been fined a total of 485 million euros for their alleged role in a cartel to fix the price of Euribor interest…

JPMorgan Chase, Credit Agricole and HSBC have been fined a total of 485 million euros for their alleged role in a cartel to fix the price of Euribor interest…

Business

Monte dei Paschi banks on restructuring plan

Italy's Monte dei Paschi says its restructuring plan includes writing off bad loans, job cuts and raising five billion euros in new capital.

Italy's Monte dei Paschi says its restructuring plan includes writing off bad loans, job cuts and raising five billion euros in new capital.

Business

There are now more billionaires in China than in the US

In 2015 more than a third of the world's new billionaires were created in China, as for the first time Asia overtook the United States.

In 2015 more than a third of the world's new billionaires were created in China, as for the first time Asia overtook the United States.

Business

Commerzbank's shares slip despite restructuring

Commerzbank has confirmed it will reduce its workforce by more than a fifth - cutting 9,600 jobs as it faces a slump in earnings.

Commerzbank has confirmed it will reduce its workforce by more than a fifth - cutting 9,600 jobs as it faces a slump in earnings.

News

Brazil's former finance minister is arrested

Observers say it is a sign that a sweeping corruption investigation is closing in on the inner circle of the leftist Workers Party leadership, who ran the South American country for 13 years.

Observers say it is a sign that a sweeping corruption investigation is closing in on the inner circle of the leftist Workers Party leadership, who ran the South American country for 13 years.

Business

Yellen defends Federal Reserve against Trump bias accusations

Janet Yellen, the head of the US central bank, has defended it against accusations from Republican presidential candidate Donald Trump saying: "The Federal Reserve is not politically compromised".

Janet Yellen, the head of the US central bank, has defended it against accusations from Republican presidential candidate Donald Trump saying: "The Federal Reserve is not politically compromised".