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Economy

City and pound slide as Osborne fails to slay Brexit dragon

So much for the British finance minister’s calming words.

Economy

British finance minister breaks Brexit silence and markets shrug

British Finance Minister George Osborne looked nervous and less assured on Monday morning when he broke his post-Brexit silence to calm the markets.

Economy

Wall Street drops sharply after Brexit

U.S. stocks have fallen sharply, with the Dow Jones industrial average dropping as much as 538 points, as Britain's vote to quit the European Union sent a shock wave through global financial markets.

United Kingdom

Lagarde says IMF stands ready to moderate Brexit effects

With the financial and stock markets in turmoil steady hands are needed on the levers of international finance and the International Monetary Fund’s director Christine Lagarde was quick to reassure th

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France

Brexit: the view from Paris

France has always made clear its view that Britain should remain inside Europe.

Economy

Pound bounces back against dollar as Brexit fears recede

The pound has climbed to a seven-week high against the dollar as the 'Bremain' bounce continues as fears of a Brexit recede.

Iran

Iran to buy Boeing airliners

Iran has agreed a deal to buy 100 planes from US planemaker Boeing, according to the head of Iran’s Civil Aviation Organisation.

Economy

Jobs or no jobs? The Brexit question of the day

Labour Party heavyweights have waded into the Brexit debate by claiming if the country votes to leave the EU public sector jobs will be at risk.

Economy

Microsoft splashes $26bn to get LinkedIn

Microscope has done a deal to buy LinkedIn Corp for $26.

Business

The transition from a linear to a circular economy

Probably no one could argue that a circular economy is what we need in the future.

Europe News

Possible Brexit big talking point at flagship EU economic summit

The Brussels Economic Forum is the flagship annual economic event of the European Commission

Economy

Oil prices rise to almost double January's lows

Oil prices have hit their highest in 10 months due to a fall in stockpiles in the United States and supply disruptions in Canada, Nigeria, Venezuela and Libya.

Business Series

Sharapova's sponsors Nike, Head and Evian stand by her despite doping ban

Nike, racket provider Head and bottled water company Evian have said they will continue sponsoring Russian tennis star Maria Sharapova despite her drug ban.

Economy

European Central Bank corporate bond buying starts

The European Central Bank has begun buying corporate bonds to try to get businesses to borrow and spend, which would boost the eurozone economy and cause inflation to rise.

Economy

Saudi Arabia unveils austerity Gulf style

Saudi Arabia's just-approved economic reform plan includes more than tripling government earnings from non-oil revenues over the next five years and cutting public-sector salaries.

Economy

Brexit: conundrum for small businesses

With both sides in the British referendum on European Union membership trying to win over the many still undecided voters, small businesses have become a key battleground.

Economy

Saudi economic reform plan ready for approval

Saudi Arabia's National Transformation Plan to move it away from reliance on oil revenue is reportedly about to be given the green light by the country's cabinet.

Business Series

Lukoil profits hit by oil price slump

Russia's Lukoil has said its profits in the first three months of this year were down by 59 percent as oil prices fell to a 12-year low and its output declined.

Switzerland

Swiss advocates of basic income for all claim moral victory, despite crushing defeat

Swiss voters may have overwhelmingly rejected the proposal to introduce a guaranteed basic income for all, but for some that doesn’t necessarily mean the debate is…

Switzerland

Swiss vote for money for nothing

The EU says it is pondering a pilot scheme for a bloc-wide basic income for all, and this weekend the Swiss actually get to decide on the idea in one of their referendum votes, the first country to vo