Now playing Next Business World Bank, IMF say growth lower and warn of new Greek crash The World Bank and IMF, at their Spring meeting are urging Greece’s creditors to rethink their policies after studies concluded austerity was 15/04/2016
Now playing Next Economy Debt drags Chinese economy on Latest figures from China’s National Bureau of Statistics are causing some economists to wonder if the worst is over in the contraction in the 15/04/2016
Now playing Next 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. 14/04/2016
Now playing Next Economy All major indicators show the UK economy at a 'low ebb' UK growth looks set to slide according to the British Chamber of Commerce. 11/04/2016
Now playing Next Economy S&P downgrades eurozone economic growth and inflation forecasts Rating agency Standard & Poor's has cut its forecasts for eurozone economic growth and inflation because of a recent "nosedive" in financial conditions. 30/03/2016
Now playing Next Economy Japan's economy still anaemic though Q4 contraction less than first estimated Japan's economy contracted less than initially estimated in the final quarter of 2015 but private consumption remained weak, underscoring the challenges facing government attempts to restore growth 08/03/2016
Now playing Next China Growth on agenda as Chinese parliament opens The Chinese government has put forward its five-year economic plan. Details were outlined at the opening of the National People’s Congress, the 05/03/2016
Now playing Next Economy Italy's GDP growth remains feeble It has been confirmed Italy's economy grew by just 0.1 percent in the final three months of last year from the previous quarter. 04/03/2016
Now playing Next Economy Rating agency Moody's downgrades its outlook on China's debt Moody's has downgraded its outlook on Chinese government debt to 'negative' from 'stable' due to uncertainty about economic reforms, rising debt and falling foreign currency reserves. 02/03/2016
Now playing Next Economy Millions more Chinese 'zombie company' workers face the sack China reportedly plans to lay off millions more workers at so-called 'zombie' companies to cut industrial overcapacity and pollution, according to sources close to the Beijing leadership. 01/03/2016
Now playing Next Business Series Barclays quits Africa as profit falls Barclays is quitting Africa after almost a century of doing business there. The announcement came as it reported pretax profit last year was 5.4 billion pounds, down 2% on 2014. 01/03/2016
Now playing Next Economy US GDP growth rate revised upward for Q4 2015 US economic growth did not slow as sharply as initially thought in the fourth quarter of 2015, which will be welcome news for the Federal Reserve as policymakers consider whether - and when - to raise 26/02/2016
Now playing Next Economy UK economic growth solid but heavily dependent on consumer spending Britain's economy relied heavily on consumer spending to drive growth at the end of 2015, with a sharp fall in business investment and a drag from trade. 25/02/2016
Now playing Next Real Economy Reforming to tackle structural challenges Severe belt-tightening may have helped Europe's public finances, but restoring growth will need more than savage structural reforms which, in one case of bust to boom, have not even been needed. 22/02/2016
Now playing Next Economy Japan's economy weakens further, consumer spending and exports down Japan's gross domestic product shrank more than expected in the final quarter of 2015 which pushed up share prices on Monday as investors hope for more central bank stimulus. 15/02/2016
Now playing Next Economy Japan's yen for zen in the financial markets Japanese policymakers are fretting about the turmoil in the world's financial markets as share prices fall in Tokyo and the yen rises sharply against the dollar, while deflation still threatens the ec 12/02/2016
Now playing Next Economy Eurozone GDP growth still weak, Greece in recession again Eurozone economic growth continues to be weak. GDP expanded 0.3 percent in Q4 of 2015 and rose 1.5 percent year-on-year. Greece slipped back into recession. 12/02/2016
Now playing Next Economy French central bank forecasts first-quarter growth improving to 0.4% The French economy is forecast to grow 0.4 percent in Q1 of 2016 as the latest central bank survey showed morale in the industrial sector rose to the highest level since May 2011. 08/02/2016
Now playing Next Economy A weak start of 2016 for eurozone businesses, The private sector began 2016 on a slightly weak note in Europe with little sign of inflation picking up 03/02/2016
Now playing Next Economy China looks for 6.5 to 7% economic growth in 2016, warns on unemployment China has set its economic growth projection range at 6.5 to 7 percent this year, but efforts to reduce overcapacity of coal and steel are expected to raise unemployment. 03/02/2016