ARTICLES RELATING TO ECONOMY

Russia hopes Greece reaches deal soon

2015-07-06 12:49

Russia hopes Greece will reach a deal with its international creditors as soon as possible, says a Kremlin spokesperson.

What looms for Greece after referendum?

2015-07-03 16:40

Greek Prime Minister Alexis Tsipras's plan to hold a referendum as creditors' demands for austerity has prompted a breakdown in talks with lenders.

UK services PMI jumps in June

2015-07-03 13:45

Britain's private-sector services have grown more than expected last month, suggesting the economic recovery picked up going into the second half of the year.

Greek couple on honeymoon, penniless in NYC, amid Greek crisis

2015-07-03 10:53

Newlyweds Valasia Limnioti and Konstantinos Patronis' three-week honeymoon quickly turned into a nightmare: Their Greek-issued credit and debit cards were suddenly declined and they were left penniless.

June car sales down

2015-07-01 16:37

While June 2015 showed an increase in passenger vehicles sales by 4.1%, they declined by 6.6% compared to the same month last year.

In? Out? In between? A Greek legal riddle for EU

2015-06-30 20:02

The president of the European Commission has told Greeks that saying 'No' to a bailout deal would be a vote to ditch the euro.

Greece reels in shock as banks shut

2015-06-29 10:23

Greeks have woken up to shuttered banks, closed cash machines and a climate of rumours as a breakdown in talks pushed the country to the brink.

Fuel demand stabilises in the US: Kemp

2015-06-26 17:00

The initial consumption stimulus from lower oil prices may be fading, at least in the United States, according to the latest round of official data.

No deal for Greece, top-level talks to resume

2015-06-26 08:35

Greece has failed again to clinch a deal with its international creditors, setting up a last-ditch effort to avert a default next week.

'Dont lock us out of the EU' - UK bosses

2015-06-25 13:15

Business chiefs from firms including BT, easyJet and a local cider maker has called on Prime Minister David Cameron to keep the Britain in the European Union.

 

Thousands celebrate Greece's 'No' vote

2015-07-06 10:18

Having squarely rejected the terms of new financial aid for their cash-strapped country, Greece wakes up to an uncertain future.

IMF warns of huge financial hole, Greek vote looms

2015-07-03 14:15

The International Monetary Fund has delivered a stark warning of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum.

China hunts for 'manipulators' as stocks tumble

2015-07-03 13:10

Chinese stocks have tumbled again, taking the week's losses to more than 10%, as the securities regulator is investigating suspected market manipulation.

The next financial crisis is on its way, experts warn

2015-07-03 07:56

The next economic disaster could hit the world soon - and we are not ready for it, economic and financial experts have warned.

China factory activity contracts in June

2015-07-01 09:00

China's factory activity has contracted for the fourth straight month in June but at a slower pace than in May.

Australia tightens rules on foreign ownership

2015-06-29 11:58

Australia has tightened rules requiring overseas investors to declare holdings of agricultural land in order to strengthen oversight.

Wave of contagion expected after dramatic weekend raises 'Grexit' chances

2015-06-28 18:44

European markets are braced for a wave of contagion from Greece, with heavy losses for southern European government bonds and regional stock markets expected.

Brexit would be disaster for capital markets

2015-06-26 09:15

A British exit from the EU would be disastrous for the region's capital markets at a time when it is aiming to harmonise financing arrangements, says an expert.

China reveals misuse of $2.7bn in lottery funds

2015-06-25 13:45

China has uncovered widespread misappropriation of $2.72bn of funds from its state lottery programme, underscoring the extent of official corruption.

Foreign firms bribing Petrobras left out of cartel

2015-06-25 12:45

Brazilian federal police are investigating foreign companies that may have paid bribes to obtain contracts with state-run oil firm Petrobras.

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