Now playing Next Economy EU seeks to sanction Spain, Portugal over spending Spain and Portugal could faces fines for breaching EU spending rules after the European Commission opened a sanctions procedure on Thursday over both countries failure to tackle their budget… 07/07/2016
Now playing Next Economy New 50 euro banknote to fight forgery, reaffirm ECB's commitment to cash The European Central Bank has unveiled the design and high-tech security features for the 50 euro banknote - the most widely counterfeited bill - before it goes into circulation next April. 05/07/2016
Now playing Next Russia EU extends sanctions against Russia over Ukraine The European Council has extended economic sanctions targeting specific sections of the Russian economy for a further six months. 01/07/2016
Now playing Next Business Series Saddled with 1.3 billion euros of debt, Greek retailer Marinopoulos gets bankruptcy protection Greece's biggest supermarket chain, Marinopoulos, has gained protection from its creditors from an Athens court while it restructures. It has debts of 1.3 billion euros, half to banks and half to supp 01/07/2016
Now playing Next Economy George Soros says Brexit can lead to positives for Europe George Soros has told the European Parliament that Britain's vote to leave the European Union was a "great shock" but "the tragedy no longer looks like a fait accompli". 30/06/2016
Now playing Next Economy Britain faces higher taxes and spending cuts after Brexit vote - finance minister The price of Britain leaving the European Union will be higher taxes and government spending cuts according to UK finance minister George Osborne. 28/06/2016
Now playing Next Economy City and pound slide as Osborne fails to slay Brexit dragon So much for the British finance minister’s calming words. 27/06/2016
Now playing Next Economy British finance minister breaks Brexit silence and markets shrug British Finance Minister George Osborne looked nervous and less assured on Monday morning when he broke his post-Brexit silence to calm the markets. 27/06/2016
Now playing Next Economy Wall Street drops sharply after Brexit U.S. stocks have fallen sharply, with the Dow Jones industrial average dropping as much as 538 points, as Britain's vote to quit the European Union sent a shock wave through global financial markets. 24/06/2016
Now playing Next United Kingdom Lagarde says IMF stands ready to moderate Brexit effects With the financial and stock markets in turmoil steady hands are needed on the levers of international finance and the International Monetary Fund’s director Christine Lagarde was quick to reassure th 24/06/2016
Now playing Next France Brexit: the view from Paris France has always made clear its view that Britain should remain inside Europe. 23/06/2016
Now playing Next Economy Pound bounces back against dollar as Brexit fears recede The pound has climbed to a seven-week high against the dollar as the 'Bremain' bounce continues as fears of a Brexit recede. 21/06/2016
Now playing Next Iran Iran to buy Boeing airliners Iran has agreed a deal to buy 100 planes from US planemaker Boeing, according to the head of Iran’s Civil Aviation Organisation. 19/06/2016
Now playing Next Economy Jobs or no jobs? The Brexit question of the day Labour Party heavyweights have waded into the Brexit debate by claiming if the country votes to leave the EU public sector jobs will be at risk. 14/06/2016
Now playing Next Economy Microsoft splashes $26bn to get LinkedIn Microscope has done a deal to buy LinkedIn Corp for $26. 13/06/2016
Now playing Next Business The transition from a linear to a circular economy Probably no one could argue that a circular economy is what we need in the future. 10/06/2016
Now playing Next Europe News Possible Brexit big talking point at flagship EU economic summit The Brussels Economic Forum is the flagship annual economic event of the European Commission 10/06/2016
Now playing Next Economy Oil prices rise to almost double January's lows Oil prices have hit their highest in 10 months due to a fall in stockpiles in the United States and supply disruptions in Canada, Nigeria, Venezuela and Libya. 09/06/2016
Now playing Next Business Series Sharapova's sponsors Nike, Head and Evian stand by her despite doping ban Nike, racket provider Head and bottled water company Evian have said they will continue sponsoring Russian tennis star Maria Sharapova despite her drug ban. 09/06/2016
Now playing Next Economy European Central Bank corporate bond buying starts The European Central Bank has begun buying corporate bonds to try to get businesses to borrow and spend, which would boost the eurozone economy and cause inflation to rise. 08/06/2016