Search Results for: European economy
Asian Stocks Extend Global Rally as Oil Regains $50; Yen Climbs
May 26th, 2016
Crude Rises on falling U.S. oil stocks, supply disruptions Norwegian krone, Malaysian ringgit strengthen; gold rebounds Energy producers led stocks higher in Asia and the currencies of oil-exporting nations strengthened as Brent crude traded above $50 a barrel for ...
Ryanair reported €1,242 million profits
May 23rd, 2016
Ryanair has reported a 43% jump in full year profits to €1,242 million. The increase was driven by a number of factors including an 18% rise in traffic to 106 million passengers, a five percentage point increase in load ...
Android Pay launches in the UK
May 19th, 2016
Google’s Android Pay has launched in the UK, enabling millions of Brits to make contactless instore and in-app payments with their handsets. Bank of Scotland, First Direct, Halifax, HSBC, Lloyds Bank, M&S Bank, MBNA and Nationwide Building Society are ...
The Endgame
May 18th, 2016
And how we got here There is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners alike have become confused by policy failures, and privately, occasionally ...
Nissan would be ordered to recall hundreds of its diesel-powered Qashqai
May 16th, 2016
South Korea Accuses Nissan of Emissions Cheating on SUV Model The government says the Qashqai model’s emissions tests were rigged, but Nissan says the import meets the latest European requirements South Korea on Monday said it would order Nissan ...
IMF warns on “very bad” consequences of Brexit
May 16th, 2016
The consequences of Brexit would be “pretty bad, to very, very bad”, according to International Monetary Fund chief Christine Lagarde. Speaking at the launch of the Washington-based lender’s most recent review of the UK economy, Lagarde gave a bleak ...
Goldman Sachs says oil’s biggest problem could be over— and now crude is on a charge
May 16th, 2016
The price of oil is surging on Monday morning thanks to a production disruption in Nigeria, continued worries about the amount of crude Venezuela will be able to produce as the country’s economy continues to plunge deeper into crisis, ...
Lifting sanctions on Iran opens up business opportunities
May 9th, 2016
Economic sanctions have cost Iran an estimated $120 billion (€105 billion) since 2012, primarily in lost oil and gas revenues. That equates to about 30 per cent of the economy of the second-largest country in the Middle East after ...
T-TIP: Salvation or trash-tip?
May 9th, 2016
President Obama weighed into the Brexit debate on his recent visit to the UK, saying that if Britain left the EU, she would be at the back of the queue when it comes to a free trade agreement. If ...
Asian Stocks Sink to Four-Week Low as Yen Gains; Aussie Slides
May 6th, 2016
Australian bonds surge as RBA cuts inflation forecast Oil near $44, poised for first weekly decline in a month Asian stocks dropped, set for the biggest weekly loss since February, and the yen rose before key American jobs data ...
