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Markets

Brazilian shares tumble on fears president could be ousted

Brazil's Bovespa index fell 10 percent on a report President Michel Temer condoned an attempt to silence a potential witness in a corruption probe.

Markets

French election relief rally pushes up share prices

There were no surprises from the first round of the French election which meant a relief rally for the European stock markets and beyond.

Markets

Financial markets still affected by UK election concerns

There further volatility in financial markets on Wednesday following the surprise general election announcement by Britain's prime minister.

United Kingdom

New £1 coin is launched in the UK this month

The UK’s currency will face a major change this month, as a new design of one of the most central coins is launched.

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Economy

Iceland lifts last of the government's cash movement restrictions

Iceland has announced the last of the capital controls that have been in place since the 2008 financial crisis are being lifted.

Economy

UK exports and factory growth rise

UK exports rose quickly towards the end of 2016 and early in 2017 along with factory output growth which was at the strongest in seven years.

USA

Bitcoin explained: why should we care about an SEC decision?

What is bitcoin?

Economy

Bitcoin value tops gold for first time ever

The price of a single bitcoin has gone higher than one ounce of gold for the first time ever.

World News

Eurozone closes ranks after US attacks on the euro

Eurozone dismisses pessimistic euro view after the man tipped to be the US ambassador to the EU said the currency "could collapse" within 18 months.

United Kingdom

Sterling surges after Brexit speech

Theresa May's announcement that the UK will leave the single market in what is widely being seen as a "hard Brexit" has already had an impact on the financial markets.

Markets

Pound slumps ahead of Brexit speech by UK Prime Minister Theresa May

The pound plunged further against other currencies on Monday ahead of Prime Minister Theresa May's speech outlining the government's plans.

France

Macron: the euro may not exist in ten years

The French presidential candidate issued the stark warning in a speech at a university in Berlin.

Economy

Bitcoin celebrates new year with surge in value

Having risen in value in 2016 by 125 percent, the digital currency started 2017 by jumping above $1,000 for the first time in three years.

Iran

Why Iran's rial hit an all-time-low against the US dollar

Iran’s currency, the rial, has hit an all-time record low against the U.

Venezuela

Venezuela reinstates the 100-bolivar banknote

Venezuelan President Nicolas Maduro has suspended the withdrawal of the country's most widely-used banknote after higher-denomination notes failed to arrive in time.

Venezuela

Violence erupts as Venezuelans scramble to replace void banknote

Police have opened fire on protesters in parts of Venezuela after looting broke out due to a severe cash crisis.

Venezuela

Maduro orders withdrawal of Venezuela's largest banknotes

The president says the move to take the 100-Bolivar note out of circulation is to combat smuggling, but it has been strongly criticised.

Iran

Iran considers currency change

The Rhouhani government approved on Wednesday a call by central bank to replace the rial with the more colloquially and historically known toman

Economy

Dollar muscles ahead, strongest since 2003 against basket of currencies

The US dollar has been boosted by Donald Trump's election victory and spending plans, and political and economic worries in Europe, Britain and Japan.

Spain

Barcelona set to introduce local currency

The city of Barcelona is preparing to move forward with a plan to introduce its own currency, despite warnings from Spain’s central bank.