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Economy

Millions more Chinese 'zombie company' workers face the sack

China reportedly plans to lay off millions more workers at so-called 'zombie' companies to cut industrial overcapacity and pollution, according to sources close to the Beijing leadership.

Business Series

Barclays quits Africa as profit falls

Barclays is quitting Africa after almost a century of doing business there. The announcement came as it reported pretax profit last year was 5.4 billion pounds, down 2% on 2014.

Economy

US GDP growth rate revised upward for Q4 2015

US economic growth did not slow as sharply as initially thought in the fourth quarter of 2015, which will be welcome news for the Federal Reserve as policymakers consider whether - and when - to raise

Economy

UK economic growth solid but heavily dependent on consumer spending

Britain's economy relied heavily on consumer spending to drive growth at the end of 2015, with a sharp fall in business investment and a drag from trade.

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Real Economy

Reforming to tackle structural challenges

Severe belt-tightening may have helped Europe's public finances, but restoring growth will need more than savage structural reforms which, in one case of bust to boom, have not even been needed.

Economy

Japan's economy weakens further, consumer spending and exports down

Japan's gross domestic product shrank more than expected in the final quarter of 2015 which pushed up share prices on Monday as investors hope for more central bank stimulus.

Economy

Japan's yen for zen in the financial markets

Japanese policymakers are fretting about the turmoil in the world's financial markets as share prices fall in Tokyo and the yen rises sharply against the dollar, while deflation still threatens the ec

Economy

Eurozone GDP growth still weak, Greece in recession again

Eurozone economic growth continues to be weak. GDP expanded 0.3 percent in Q4 of 2015 and rose 1.5 percent year-on-year. Greece slipped back into recession.

Economy

French central bank forecasts first-quarter growth improving to 0.4%

The French economy is forecast to grow 0.4 percent in Q1 of 2016 as the latest central bank survey showed morale in the industrial sector rose to the highest level since May 2011.

Economy

A weak start of 2016 for eurozone businesses,

The private sector began 2016 on a slightly weak note in Europe with little sign of inflation picking up

Economy

China looks for 6.5 to 7% economic growth in 2016, warns on unemployment

China has set its economic growth projection range at 6.5 to 7 percent this year, but efforts to reduce overcapacity of coal and steel are expected to raise unemployment.

Economy

Eurozone manufacturing off to a poor start for 2016

Manufacturing growth slowed in the eurozone at the start of 2016 as incoming orders showed no meaningful increase, even though companies cut prices steeply raising deflation worries.

Economy

US economy slows in Q4, GDP at 0.7% and 2.4% for all of 2015

US economic growth slowed final part of 2015 as consumers cut back and exports were hit by the strength of the dollar and weak demand worldwide.

Economy

French economy at walking pace as Spain sprints ahead

French growth was 1.1 percent year-on-year in 2015 while Spain managed 3.2 percent growth.

China

China posts weakest growth figures in 25 years

China has experienced its weakest growth in 25 years. It’s economy grew last year by just 6.9% compared with 7.3% in 2014. The year-on-year growth

Economy

Oil slides below 33 dollars a barrel

Oil slid below 33 dollars a barrel on Thursday as a result of rising US energy stockpile and China’s weakening currency. Benchmark Brent fell 4.7

Economy

Britain's growth revised downwards suggesting recovery losing momentum

The British economy grew at a slower rate than previously estimated during at least half of 2015, according to official data. Weaker growth in the

Economy

Warm weather hits consumer spending in France

Consumer spending in France fell by the highest amount in nearly two years in November – partly due to the unusually warm weather according to

Real Economy

Status check on #InvestEU one year in

‘Tis the season for reflection, so Real Economy host Maithreyi Seetharaman has returned to Brussels to sit down with European Commission Vice

Economy

Ireland set to be strongest growing eurozone economy again

Ireland’s economy grew by seven percent in the year to the end of September according to official figures, putting it on course to be the