Now playing Next Business Deutsche Bank posts a record €6.7bn loss for 2015 Deutsche Bank shares plummeted some ten percent after warning it would report a record loss for 2015. 22/01/2016
Now playing Next Business Barclays slashes jobs at investment banking division Barclays will cut about 1,000 jobs in investment banking worldwide as new Chief Executive Jes Staley wields the axe in a bid to reduce costs and boost returns. 21/01/2016
Now playing Next world news European markets brace themselves for more panic Wall Street kept a lid on the panic – just – after earlier moving deep into the red on Wednesday following an appalling day on European markets 21/01/2016
Now playing Next world news Russia: rouble at its lowest since 1998 Coupled with fresh falls in world oil prices, investor concerns deepen. 20/01/2016
Now playing Next China World Bank rival launched in Beijing The Chinese President Xi Jinping launched a new international development bank on Saturday in Beijing that is being seen as a rival to the US-led 17/01/2016
Now playing Next Business European economies face harsh headwinds from China Headwinds from China again for European economies. As China’s financial markets remain relatively closed exposure for banks is limited, but trading 07/01/2016
Now playing Next Russia Russian ruble scrapes new low, no happier for 2016 The Russian ruble on the last currency trading day of the year has hit a new 2015 low against the US dollar, at one point falling to 73.20 to the 30/12/2015
Now playing Next Germany US Fed rate decision boosts confidence as markets rally European shares surged in early trading on Thursday on news of the Fed’s decision. The European FTSEurofirst 300 index was up 1.8 percent by just 17/12/2015
Now playing Next Business Protests in Italy after savers lose money over banks rescue The Italian government faces growing protests over the rescue of four banks which saw thousands of investors lose money. The Economy Minister Pier 15/12/2015
Now playing Next Iraq USAF claims key ISIL kills in Iraq US air force pictures from the skies over Iraq give little idea of the effectiveness of air strikes against ISIL. The planes are here because 10/12/2015
Now playing Next Greece Greek parliament narrowly approves 2016 austerity budget The Greek parliament has narrowly approved a 2016 budget which includes sharp cuts in spending and some tax increases. The measures were conditions 06/12/2015
Now playing Next United Kingdom Britain to boost defence spending and create rapid strike force David Cameron has announced a massive boost to Britain’s defence budget in the wake of the Paris attacks. Speaking after visiting the French capital 23/11/2015
Now playing Next 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 23/11/2015
Now playing Next 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 20/11/2015
Now playing Next world news Media: less money, more freedom? The following content is the product of the 2015 EYMD workshops. Organised by the European Youth Press and held in the European Parliament in 19/11/2015
Now playing Next 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 18/11/2015
Now playing Next 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 11/11/2015
Now playing Next Business 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 29/10/2015
Now playing Next Business 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. 17/09/2015
Now playing Next Business 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 11/09/2015