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Economy

Eurozone inflation remains negative in March

Eurozone inflation stayed in negative territory but core figures, which strip out volatile food and energy prices, gained traction.

Economy

Eurozone lending picks up in February

Lending growth to eurozone companies and households rose at its fastest rate since late 2011 in February, but the economic recovery remains sluggish and uneven.

Business Series

Credit Suisse CEO Tidjane Thiam was paid 18.9 million Swiss francs last year

One day after Credit Suisse said it is accelerating its cost-cutting plan and will cut a further 2,000 jobs, we learned what Chief Executive Tidjane Thiam is being paid.

Economy

Eurozone inflation weak due to low energy costs, Eurostat confirms

It has been confirmed that eurozone inflation slipped back into negative territory in February, down 0.2 percent year-on-year.

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Business Series

LSE and Deutsche Boerse go to the altar again but NY may steal the bride

European traders are wondering if it will be third time lucky after previous failed attempts, but the London and Frankfurt stock exchanges have again

World News

France warns Britain of migrant influx after EU exit

France has warned Britain that it will let thousands of migrants head to its shores if the country opts to leave the European Union. In an interview

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.

Egypt

Egypt touts for Japanese investment as route to economic recovery

Egyptian President Abdel Fattah al-Sisi is hoping to secure Japanese investment projects worth around 15 billion euros on his visit to the country –

Argentina

Argentina strikes deal with US 'holdout' creditors

Argentina agrees in principle to a deal with US hedge funds ending a 15-year-old dispute over repayment of billions of dollars worth of bonds.

Economy

Growth and Brexit top agenda at G20 finance meeting

Weakening global growth and the implications of Britain leaving the European Union are the two big talking points for G20 financial leaders meeting in Shanghai.

Economy

Poorer Egyptians pay the price for the country's foreign currency crisis

Egypt's foreign currency crisis is causing big problems as much of its food and energy is imported and ordinary people are suffering amid rising prices.

Economy

IMF calls for G20 coordinated stimulus to keep global economy from stalling

The International Monetary Fund is urging the G20 to plan now for a coordinated stimulus programme to keep the slowing global economy from stalling.

Iran

The dash for cash in post-sanctions Iran

The Iranian economy received a new lease of life with the signing of the nuclear deal in Vienna.

Business Series

HSBC post unexpected quarterly loss, confirms 'princeling' probe

HSBC confirms it's part of US regulators probe into hiring of people tied to Asian government officials, announces lower than expected profit, warns of "bumpier financial environment" from China slowd

Economy

Financial world ponders impact of a 'Brexit'

As Britain's future membership of the European Union hangs in the balance the financial world is looking on nervously with banking and business leaders concerned about the impact a 'Brexit'.

Economy

European Central Bank's Draghi bullish on banks and stimulus

European Central Bank head Mario Draghi has been talking up the eurozone's banks, confirmed the ECB is ready for more stimulus measures and said the ECB is considering ditching the 500 euro note.

Business Series

London beats Hong Kong to keep HSBC headquarters

HSBC has decided to keep its headquarters in Britain. The unanimous decision by the board of Europe's biggest bank rejected the idea of shifting to Hong Kong.

Business Series

Deutsche Bank's shares get boost from bond buyback reports

Deutsche Bank's shares recovered some ground on reports it is considering buying back several billion euros of its debt.

Vatican

"The Devil's Job": ex-Vatican Bank chief Tedeschi on finance and morality

Italian economist and banker Ettore Gotti Tedeschi was president of the Vatican’s Bank at a time of turmoil from 2009 to 2012. Amid a

Europe News

EU auditors slam 'weak' Commission over bailouts

The European Commission’s handling of some bailouts for crisis-hit countries was “generally weak” and inconsistent, according to a new report