New research by the Austrian Institute of Economic Research (WIFO) suggests the EU’s economic sanctions against Russia introduced three years ago have cost European countries billions of euro. The survey, ... Read More
Last week, both Janet Yellen of the Fed and Mark Carney of the Bank of England prepared financial markets for interest rate increases. The working assumption should be ... Read More
In the second quarter of 2017, the business investment rate was 23.2% in the euro area, compared with 22.9% in the previous quarter. The business profit share in the ... Read More
The President of Venezuela Nicolas Maduro has proposed oil producing countries should discuss creating a currency basket for trading crude and refined products. “Developing a new mechanism of controlling ... Read More
Oil prices eased on Wednesday, with U.S. crude dipping below $50 per barrel, pulled down by caution that a rally that lasted for most of the third quarter would ... Read More
In the biggest peacetime repatriation, around 110,000 passengers will be brought back home, following the collapse of Britain’s Monarch Airlines. One of the oldest UK airlines’ ceased operations on ... Read More
Oil prices fell on Monday, pausing for breath after posting gains of as much as 20 percent in the third quarter, after a survey pointed to a slight increase ... Read More
Euro-area stocks may be ready to get back at Wall Street. The rallying euro damped gains in the region’s stocks, which underperformed this year versus the S&P 500 index ... Read More
Chubb Limited (NYSE: CB) announced preliminary loss estimates in the third quarter of 2017 attributable to Hurricanes Harvey and Irma, which impacted Texas, Florida, other southeastern states and the ... Read More
Cybersecurity is a pervasive issue in the digital age, and no organisation is completely risk-free. So how did this happen to Deloitte, and how can firms protect their data ... Read More
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