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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

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.

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.

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.

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Economy

Saudi Arabia unveils austerity Gulf style

Saudi Arabia's just-approved economic reform plan includes more than tripling government earnings from non-oil revenues over the next five years and cutting public-sector salaries.

Economy

Brexit: conundrum for small businesses

With both sides in the British referendum on European Union membership trying to win over the many still undecided voters, small businesses have become a key battleground.

Economy

Saudi economic reform plan ready for approval

Saudi Arabia's National Transformation Plan to move it away from reliance on oil revenue is reportedly about to be given the green light by the country's cabinet.

Business Series

Lukoil profits hit by oil price slump

Russia's Lukoil has said its profits in the first three months of this year were down by 59 percent as oil prices fell to a 12-year low and its output declined.

Switzerland

Swiss advocates of basic income for all claim moral victory, despite crushing defeat

Swiss voters may have overwhelmingly rejected the proposal to introduce a guaranteed basic income for all, but for some that doesn’t necessarily mean the debate is…

Switzerland

Swiss vote for money for nothing

The EU says it is pondering a pilot scheme for a bloc-wide basic income for all, and this weekend the Swiss actually get to decide on the idea in one of their referendum votes, the first country to vo

Europe News

EU backs 'sharing economy'

A top EU commissioner has leapt to the defence of app-based companies such as Uber and AirBnb.

Economy

Brazil: boom to bust story continues as GDP shrinks again

Brazil's economy shrank for the fifth straight quarter between January and March. Agriculture, industry and services all declined amid a political crisis and sweeping bribery scandal.

Economy

OECD pessimistic about global growth, blames rich world governments

The world is stuck in a "low-growth trap" the Organisation for Economic Cooperation and Development says, even as it slightly raised the eurozone economic outlook for this year.

Economy

Eurozone manufacturing still lacklustre

Eurozone factory activity remained stagnant in May despite more price cuts. German production hit a four-month high, French manufacturing activity contracted again.

World News

All you need to know about the Universal Basic Income

Switzerland will become the first country to hold a national vote on whether to introduce a Universal Basic Income (UBI).

World News

LATAM is latest airline to suspend operations in Venezuela

Latin America’s largest airline LATAM has become the latest carrier to suspend its operations in Venezuela.

Japan

Strong peaceful China vital for the world says Japan's Sone

Euronews is continuing its coverage of the G7 Summit in Ise-Shima, Japan by interviewing Kenko Sone, the Director of Global Communications for Japan’s often outspoken Prime Minister Shinzo…

Economy

The Brief from Brussels: Eurogroup approves cash for Athens, Nadiya Savchenko freed

This is the Brief from Brussels, a daily show with all the stories making waves across Europe.

Business Line

Brexit fears and the future according to Google

With the Brexit referendum less than a month away, Business Line examines the latest economic arguments from both sides, and our IT focus is Google I/O.

Economy

Humanitarian Summit spotlight on the economics of aid

With tens of millions of people displaced from their homes and even their countries, the practicalities of the refugee crisis have been in focus at the UN organised Humanitarian Summit in Istanbul.