ARTICLES RELATING TO ECONOMY

Rent squeeze points to Spain's retail frailty

2014-10-30 10:46

Spain's independent retailers remain enmeshed in the fabric of daily life at a time when chains and multinationals dominate.

We should not panic, says Opec

2014-10-29 18:22

There is no need to panic at the recent collapse in oil prices, says Opec secretary general, low prices would curb competing supplies.

Japan opposition takes aim at Abe govt scandals

2014-10-28 10:48

Japan's main opposition party has vowed to pursue Prime Minister Shinzo Abe over a string of cabinet funding scandals that have dented his popularity ratings.

German business confidence slumps

2014-10-27 15:42

Business confidence inside Germany has slumped again this month, as storm clouds gather over the eurozone.

EU leaders divided over energy policy costs

2014-10-24 10:15

European leaders have met to forge energy policy to cut climate-warming gas emissions in the years to 2030, but haggled on how to share out the costs of a deal.

UK fraud prosecutor seeks extra £26.5m

2014-10-23 13:45

Britain's leading prosecutor has asked government paymasters for an extra £26.5m to help fund complex investigations, such as financial benchmark manipulation.

Skill shortage drives salaries up in UK

2014-10-23 10:15

A talent shortage in Britain's financial services and technology sectors has pushed salaries in the industry up by 2.6% in the last year.

UK needs to build extra 60 000 homes: Lloyds

2014-10-21 11:30

Lloyds Banking Group says at least 60 000 new homes need to be built in Britain every year above the current level of supply to ease the country's housing shortage.

Russia and Ukraine seek gas deal

2014-10-20 15:56

A tentative agreement between the Ukrainian and Russian presidents has raised hopes of ending a dispute in which Moscow has halted natural gas supplies to Kiev.

Malaysia mechanisation draws mixed feelings

2014-10-17 12:15

With the cost of hiring workers soaring, Malaysia government is offering tax benefits to labour-intensive sectors going the automation route.

Data shows US economy's pulse is still strong

2014-10-17 10:30

The amount of Americans filing claims for jobless benefits have fallen to a 14-year low, a positive signal that helps ease fears over the economic outlook.

Making capitalism work

2014-10-16 07:36

Capitalism works properly only when the market is truly free, says Leopold Scholtz.

German inflation at lowest in four years

2014-10-15 15:15

German inflation has stood at a four-and-a-half-year low in September due mainly to lower energy costs, the Federal Statistics Office says.

Coega develops auto manufacturing zone

2014-10-14 17:23

The Coega Development Corporation will establish a complex for the automotive assembly and components manufacturing sectors, it says.

Ireland set for budget without tax hikes

2014-10-14 12:30

The Irish government is set to present its first budget without tax hikes or spending cuts in seven years.

The Saudi oil enigma

2014-10-14 09:45

Saudi Arabia is one of the most compulsively secretive countries in the world at the start of the 21st century, says Reuters market analyst John Kemp.

Investment funds to come under new focus

2014-10-13 14:00

Investment funds will come under more focus from global financial regulators, says the head of a worldwide push to prevent a repeat of the financial crisis.

UK income tax receipts set to miss target

2014-10-13 10:30

British income tax receipts will probably fall short of the government's target for the current financial year despite a surge in employment.

Germany can't exit coal-fired energy

2014-10-13 09:45

Germany has dismissed a report suggesting it planned to exit coal-fired power generation, saying this would impose too great a burden on industry.

Zuma wants to unlock ocean's economy

2014-10-13 07:00

President Jacob Zuma will launch a programme to unlock growth and jobs in the country's ocean economy, says the presidency.

Ebola impact 'economic embargo' on W Africa

2014-10-12 21:00

The Ebola epidemic is isolating affected countries from the global economy with devastating effect, says Sierra Leone's finance minister.

US investment talks done in two years - China

2014-10-12 19:45

Negotiations to bring about a bilateral investment treaty between China and the United States could be concluded within two years.

KZN premier calls for end to taxi violence

2014-10-12 18:13

A joint agreement has been signed to help solve the impact of taxi violence in KwaZulu-Natal.

Over R152m paid to crash survivors

2014-10-12 14:37

The Road Accident Fund has paid out over R152m to crash survivors in four provinces.

Minimum wages on the cards at labour indaba

2014-10-12 12:01

A national minimum wage will be a central discussion at the upcoming labour indaba, says Labour Minister Mildred Oliphant.

 

Oil prices rally: Opec plays down slide

2014-10-29 18:42

World oil prices have rallied, while Opec secretary general insists that recent sharp falls for crude futures were not justified in terms of demand and supply.

Ivory Coast aims to conquer cashews

2014-10-29 14:24

Ivory Coast has grown around 80 000 tonnes of raw cashews per year, as demand for the nuts has grown, output has jumped to around a half million tonnes.

Rousseff win rattles Brazil markets

2014-10-28 09:15

President Dilma Rousseff's narrow re-election victory has been met with a cold reality as Brazil's financial markets tumbled.

Stagnating eurozone seeks German shift

2014-10-24 16:30

France and Italy have sought to bridge stark differences with Germany over how to avert economic stagnation and deflation.

UK factory export orders drop - CBI

2014-10-23 14:15

British factory export orders have fallen in the three months to October at the fastest pace since January 2013, according to a survey.

EU leaders seek climate deal

2014-10-23 11:15

European leaders aim to agree a new decade of energy policy to cut climate-warming gas emissions out to 2030 at an EU summit.

US inflation ticks up

2014-10-22 20:13

Consumer prices in the US rose by a seasonally adjusted 0.1% in September as energy prices fell, the Bureau of Labour Statistics says.

Japan stores angle for coffee market crown

2014-10-21 10:22

Japan's convenience store operators are jostling for eminence in a famously cut-throat industry, with a successful product for the market's top players - coffee.

EU, Singapore wrap up negotiations on deal

2014-10-17 16:15

The European Union and Singapore have completed their negotiations on a free trade agreement, the first such deal between the bloc and a South-East Asian country.

Top China engineer sentenced for $8m bribes

2014-10-17 11:00

The engineer who designed China's high-speed rail network has received a suspended death sentence after being found guilty of taking $7.8m in bribes.

BoE rates could stay lower for longer

2014-10-17 10:15

The Bank of England may need to keep interest rates lower for longer than previously thought, to reduce the chance of the economy slipping into stagnation.

Nene rules out recession

2014-10-15 18:46

Comments by Finance Minister Nhlanhla Nene have confirmed expectations he will cut economic growth forecasts, while predicting a wider budget deficit.

Zuma appoints new remuneration commissioners

2014-10-15 12:17

President Jacob Zuma has appointed five new commissioners to the Independent Commission for the Remuneration of Public Office Bearers.

Sars head vows action on Zuma bugging report

2014-10-14 16:28

SA Revenue Service commissioner Thomas Moyane has vowed to thoroughly investigate allegations about a rogue Sars unit bugging President Jacob Zuma's home.

Greek bailout exit to test eurozone resilience

2014-10-14 10:15

Greece is not yet giving European leaders sleepless nights again, but political uncertainty in Athens is set to test the currency area's resilience.

Euro's demise exaggerated, old lessons show

2014-10-13 16:45

Currency watchers anticipates the euro to fall sharply against the dollar, but history suggests the currency's drop may not be quite so smooth or rapid.

IMF to maintain routine post-bailout review

2014-10-13 10:45

Greece has begun talks for ending International Monetary Fund aid to the country, but will continue to have routine post-bailout reviews.

Eurozone seeks to soften German opposition

2014-10-13 10:15

France and Italy will keep pressure on Germany this week to use government money to revive the eurozone's stagnating economy.

Modi seeks to revive India's "zombie factories"

2014-10-13 09:20

Prime Minister Narendra Modi is preparing to invest more taxpayer money in ailing state-owned factories in a bid to turn them around.

Big problem with illegal BEE agents - DTI

2014-10-12 21:19

Innocent people are falling prey to illegal BEE certification agents and the state needs to put an end to this, says the department of trade and industry.

Lawyers in Argentine debt dispute to meet

2014-10-12 20:30

A court-appointed mediator says he will hold a meeting between lawyers for Argentina and creditors suing the country in a dispute over defaulted debt.

Swiss business urges dialogue on immigration

2014-10-12 19:00

Switzerland's business elite has published an appeal to save the country's accords with the EU from unravelling due to a vote to curb immigration from the bloc.

New evictions put Mugabe's land reform in focus

2014-10-12 16:05

White farmers are once again facing evictions in Zimbabwe, despite the perception that President Robert Mugabe's land reform benefited only the wealthy.

China's central bank sees low risk of hard landing

2014-10-12 13:45

The chance of a hard landing for China's economy is small despite worries about the real-estate sector, says the chief economist of the People's Bank of China.

World economies warn of global risks

2014-10-12 10:50

The International Monetary Fund's member countries say bold action is needed to bolster the global economic recovery.

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