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France

France to clamp down on the financing of terrorism

France will ask for a new EU directive on money laundering and terrorist financing to be pushed through at a swifter pace. At a press conference in

Greece

Greece approves reforms to unlock further bailout cash

Greece has approved a reform bill, which paves the way for the release of further bailout funds from its international lenders. But Prime Minister

World News

Media: less money, more freedom?

Business Line

Business Line: the economic impact and role of technology in the Paris attacks

One of the most beautiful cities in the world, Paris, was the target of a series of coordinated attacks on multiple civilian locations on Friday

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USA

US charges three in massive hack attack

Three men, including two Israelis, have been charged in the US with offences linked to a computer hacking and fraud scheme dating back to 2007

Economy

Deutsche Bank announces huge job loss plan

Deutsche Bank has announced plans for major job losses and will also scale down massively its operations worldwide, as part of a major shake-up of

Economy

To hike or not? Fed mulls key interest rates move

Economists are split over the US Federal Reserve's imminent decision on whether or not to raise interest rates for the first time in nearly 10 years.

Economy

Swiss franc hits eight-month low

The Swiss franc has fallen sharply against the euro, hitting its lowest level since mid-January when the Swiss National Bank (SNB) stunned global

Economy

Brazil's markets tumble after Standard & Poor's cuts credit rating to junk

Brazil’s economy in the run-up to Olympic year in Rio is on shaky ground after Standard & Poor’s slashed its credit rating to “junk” status. The real

Economy

China's growth 'on track' despite slowdown, premier says

Prime Minister Li Keqiang has been addressing the World Economic Forum in Dalian, northeast China.

Economy

JP Morgan quits 'open outcry' at London Metal Exchange

The London Metal Exchange, where traders still shout their orders as they buy and sell from a circle of red leather sofas, is set to get slightly

Economy

Russia turns down Ukraine debt relief

Russia has refused to accept the same terms as Ukraine’s private sector creditors who have agreed to write down a chunk of the government’s

Economy

Ukraine debt deal agreed with creditors

After five months of talks with creditors Ukraine has agreed to a debt restructuring deal as it attempts to get the war-torn economy back on track

Greece

Eurozone finance ministers back third Greek bailout

The finance ministers from the 19 countries that use the single European currency have approved a third bailout for Greece. The informal body, known

Economy

Greece: bailout approved but Syriza is divided

The Greek parliament has approved the details of the country’s third multi-billion euro bailout by foreign creditors in five years. It followed hours

Greece

Eurogroup to meet on Friday on third Greek bailout deal

Prime Minister Alexis Tsipras said he was optimistic the deal would pass parliament on Thursday.

Portugal

BES: angry savers clamour for their cash in Portugal

Angry customers clamour to get their savings back from the collapsed Portuguese bank Espirito Santo. It is a battle of “Davids versus a Goliath”

Greece

Crucial bailout talks begin in Greece

Talks to pave the way for Greece’s third bailout are underway, with officials from its international creditors on the ground in Athens. The

Europe News

Greece should tap EU-wide rescue fund for emergency loan, says top EU official

An EU-wide fund should be used to provide short time loans to Greece, senior European officials say. The European Commission is proposing a seven

Russia

BRICS group of emerging economies launch development bank

Countries attending a two-day summit in Russia for the world’s emerging economies, known as BRICS, have launched their biggest initiative to date: a