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Economy

Holiday hangover hits rouble as speculators claw at Russia

The Russian rouble tanked again on Monday as the week opened with the Russian currency under severe market pressure. A 10-day holiday period in

Europe News

EU orders Belgium to claw back extra taxes from major firms

EU regulators have told Belgium to claw back 700 million euros in extra taxes after they ruled 35 multinationals had benefitted from an illegal tax

Economy

Saudis begin opening oil industry to foreign investors

Saudi Arabia will open its oil refining ventures to foreign investors, but not state-owned exploration and production activities, according to

Business Planet

The importance of Key Enabling Technologies for SMEs

In this edition of Business Planet, we visit the University of Warwick in Coventry which has been helping the industrial SMEs to develop new products

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Business Line

Catching China's cold

It is said when America sneezes the world catches a cold. In this first edition of 2016 we look at what happens to the world when China gets sick

Economy

Oil prices hit lowest in 11 years

Oil prices have hit their lowest in over 11 years as the diplomatic fall out between Saudi Arabia and Iran has killed speculation that OPEC members

Economy

Chinese services sector slowdown

Another sign the world’s second-largest economy may be losing steam comes in a private survey which showed China’s services sector expanded at its

World News

Volatile New Year markets: European shares plunge after slump of Chinese stocks

The New Year has got off to a bumpy start on the stock markets, as weak Chinese data dampens global confidence. European shares fell sharply as

World News

Saudis brace for 'prolonged period' of low oil prices

Saudi’s Arabia’s planned cuts in spending and energy subsidies show the world’s largest crude oil exporter is bracing for a prolonged period of low

Economy

Business Year Review: tracking the global recovery

Seven years after the crisis began, the global economy has taken decisive steps out of the dark. Just as the collapse hit countries in different

Economy

Falling oil prices wreak havoc in Venezuela

The tumbling oil price has had a catastrophic effect in Venezuela, which has the dubious privilege of having the world’s highest inflation. The value

Business Series

Marks & Spencer opens first Beijing store

Marks & Spencer has opened its first store in Beijing, part of its strategy of focusing on flagship stores in China’s largest cities. Its 1,500

Business Series

Blackberry posts losses but better than expected

Blackberry has posted results that are better than expected. The Canadian technology company still suffered a widely-anticipated fiscal third

Economy

Bank of Japan modifies stimulus programme

The Bank of Japan has tinkered with the country’s massive stimulus programme to try to counter the impact of the US Federal Reserve’s move tightening

Business Line

Business Line: the Fed gets fed up with low interest rates, plus Apple's Samsung headache

The Fed finally got fed up with low interest rates. As expected, the US Federal Reserve has decided to raise interest rates for the first time in

Business Series

Luxury group Prada's profits hit by Chinese slowdown

The Italian luxury goods maker Prada has reported a drop in profits of 38 percent in just one quarter. It’s been hit hard by falling sales in Greater

Economy

Oil prices tumble again to near 11-year low

Oil prices tumbled four percent on Monday, coming close to their 11-year low – amid fears that the global surplus could worsen in the coming months

Economy

'New jobs plan' for France after National Front election scare

The French government is reportedly promising new measures to boost employment in the wake of the regional election results which saw a record score

Business Planet

Social enterprise: a new business model for Europe

This week Business Planet looks at the concept of social enterprise – sustainable, innovative entrepreneurial answers to society’s challenges. It’s

Business Series

Chinese tycoon Guo Guangchang of Fosun held by police

Previously reported as missing, one of China’s richest businessmen has been detained by police. Guo Guangchang, the Chairman of Fosun International