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Economy

UK central bank warns 'Brexit could trigger recession'

Bank of England Governor Mark Carney has stepped up his warnings about the economic risks if Britain votes to leave the European Union, with even the possibility of a technical recession.

Canada

Oil production resumes in fire-hit Fort McMurray

The blaze continues to spread but experts say it is in uninhabited areas to the east and south of the town.

Greece

Greek parliament votes through austerity tax and pension reforms

After two day’s of debate in Greece’s parliament, MPs voted on Sunday evening to pass a controversial austerity package. The reforms, which will see

World News

Australia PM Malcolm Turnbull calls early election

Australia’s conservative Prime Minister Malcolm Turnbull has called a surprise early election on July 2. He used a rare political tool to dissolve

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Business Series

Credit Suisse bosses face anger from shareholders

The shareholders of Credit Suisse have given the bank's bosses a rough ride at its annual investor meeting in Zurich.

Economy

Eurozone GDP back to pre-2008 crisis level, unemployment falls, inflation down

The eurozone economy grew 0.6 percent, its fastest pace in five years in Q1 2016, unemployment dipped to 10.2 percent in March, but consumer prices were down 0.2 percent in April.

Economy

UK economic growth slows

Britain's economy slowed in the early part of this year, apparently effected by reduced global growth and uncertainty ahead of the referendum on the UK's European membership.

Economy

Saudi Arabia responds to low oil prices with economic reform plan

Saudi Arabia has unveiled an economic reform plan including selling part of its state energy giant Saudi Aramco and using the cash raised for a massive global investment fund.

World News

TTIP trade deal faces growing anger and opposition on both sides of the Atlantic

Thousands took to the streets in Hanover over the weekend to demonstrate against the proposed Transatlantic Trade and Investment Partnership deal or TTIP.

Economy

China's steel output increases as talks on global glut fail

Under pressure to curb steel output and relieve a global glut, China says its production actually hit a record high last month.

Business Series

Netflix new subscriptions slow

New customer forecasts from Netflix are way short of what investors were expecting and so they punished the video streaming service with a sell off of its shares.

Iraq

ISIL revenues on the wane as coalition attacks its cash stash

The world's biggest, baddest, terrorist group variously known as ISIL, Daesh or ISIS is facing "severe financial challenges":http://www.nbcnews.com/storyline/isis-terror/isis-richest-terror-group-worl

Economy

Bonds are back for Argentina

Argentina is back selling government bonds for the first time in 15 years having settled a long-running legal battle with investors after it defaulted on its debts in 2001.

Romania

I would walk 200 miles... Marching Romanian miners reach Bucharest

After 7 days and 320 km of walking, Romanian miners and energy workers have reached Bucharest. The march aimed to draw the government’s attention to

Economy

No crude freeze deal, what does it mean for the oil industry?

After OPEC and non-OPEC producers failed to reach a deal to freeze oil output euronews got analysis from Spencer Welch, a director with IHS Energy in London.

Business Planet

Crowdfunding helps Europe's businesses boom

Crowdfunding is no longer a niche, it’s booming in Europe. In this edition of Business Planet, from Finland, Serge Rombi finds out how these

Business Series

Burberry burned by sluggish sales in Europe and Hong Kong

British fashion brand Burberry said difficult economic circumstances will damage profit this year.

Economy

Gloomy outlook for Greek economy as recession bites deeper

The Greek economy looks set to shrink by 1.0 percent this year putting a further squeeze on ordinary Greeks and businesses after a 0.3 percent contraction in 2015.

Spain

Is Spain really abandoning its siestas?

The world thought it hilarious: ‘Spain scraps siestas’ screamed the headlines after Spanish PM Mariano Rajoy proposed reducing working hours and

World News

Foxconn and Sharp sign big takeover deal

A deal has been signed for the acquisition of Japan's Sharp Corporation by the Taiwanese company Foxconn