English

More about this topic

World News

Use of tax havens by European banks revealed

Oxfam concluded that 20 major European banks make a quarter of their profits, or 25 billion euros in low tax jurisdictions.

Economy

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.

Germany

G20 finance chiefs fail to renew anti-protectionist pledge after US opposition

G20 finance chiefs meeting in Germany on Saturday have failed to renew a pledge to bolster free trade.

Economy

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.

ADVERTISEMENT

Economy

German Finance Minister Schaeuble backs London as strong financial centre

Schaeuble said it is in the European Union's best interest that London remains a strong financial centre after Brexit.

Markets

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.

Economy

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.

USA

Euroviews. 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.

Markets

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.

Business Series

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.

World News

Universal income a game changer or futile?

Universal income is it one for the future?

USA

Goldman Sachs veteran is sworn in as US Treasury secretary

Former Goldman Sachs banker, Steven Mnuchin has been sworn in as President Trump’s Treasury secretary.

Business Series

International payments world faces shake-up with Ant's purchase of Moneygram

Alibaba affiliate Ant Financial to buy US money-transfer company MoneyGram in what could be a game-changer for the international payments industry.

United Kingdom

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.

Venezuela

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.

Argentina

Argentine finance minister is fired as recession bites

Can a cabinet reshuffle bring relief to recession-hit Argentina?

Greece

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

Real Economy

Getting Europe's banks healthy and lending

Will the new banking regulations make our banks safer and be less of a burden to the taxpayer?

Economy

European Central Bank's #AskECB session brings out the Twitter jokers

The European Central Bank's attempt to be more user friendly via #AskECB on Twitter brought serious questions, but a few pranksters as well.

World 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.