UK prepared to pay 40bn-euro Brexit bill - report

2017-08-06 16:30

Britain is prepared to pay up to $47.1bn to the European Union to settle its accounts when it leaves the bloc, reports the Sunday Telegraph.

Economic stability needed for political stability - French ambassador

2017-07-13 14:03

Economic stability is required in order to create political stability, according to Christophe Farnaud, France's ambassador to South Africa.

Yellen sees inflation key uncertainty amid moderate growth

2017-07-12 20:17

Federal Reserve Chair has said the US economy should continue to expand over the next few years, allowing the central bank to hike rates, while also monitoring too-low inflation.

Merkel slaps at Trump, Brexit in combative preview of G-20

2017-06-29 13:19

German Chancellor has championed Europe, dismissed Brexit and said efforts to fight climate change are irreversible in a combative speech ahead of the Group of 20 summit.

Putin launches deep-water phase of gas pipeline

2017-06-25 15:29

Russian President Vladimir Putin has launched the deep-water phase of the TurkStream gas pipeline project.

Brexit talks begin with May under pressure to get soft split

2017-06-19 10:15

Almost a year since Britons voted to leave the European Union, Brexit talks finally open amid confusion over just what the UK government wants from the divorce.

UK housing emits 'ominous' signals amid market imbalances

2017-06-08 10:40

UK's housing shortage and continued growth in prices means the property market is showing increasing signs of dysfunction, according to a report.

China's $17trn debt threat isn't as scary as it looks

2017-06-06 11:06

There has been no shortage of bad news regarding China’s massive debt pile, from turbulence in the corporate bond market to last month’s sovereign rating downgrade by Moody’s.

Finance ministers likely to have more clout - economist

2017-05-11 19:13

The next phase of the low interest rate experiment among central bankers will likely be the passing of the baton to finance ministers, says Investec economist Chris Becker.

UK consumer slowdown starts to squeeze govt finances

2017-04-25 18:00

UK shoppers are reining in their spending in response to faster inflation and it’s starting to take a toll on the public purse.


UK's worst property market already, Aberdeen braces for Brexit

2017-07-14 16:27

First it was the collapsing oil price. Now it's Britain's quest to leave the European Union. There's little respite for the country’s worst-performing property market.

Greece reins in budget deficit as recovery takes hold

2017-07-12 20:19

Greece’s budget is back in line with euro-area standards, bolstering the nation that received its latest round of rescue aid earlier this week as it mulls its first bond sale since 2014.

Brexit blues as UK confidence falls

2017-06-30 14:13

Sentiment among UK households has fallen as the rising cost of living and inconclusive general election deterred Britons from spending on big-ticket items.

French government to ban oil and gas exploration

2017-06-25 15:34

France is to stop granting new licences for oil and gas exploration on the mainland and in overseas territories, says Environment Minister Nicolas Hulot.

UK set up for global gas fight as giant storage site shuts

2017-06-21 15:58

Already buffeted by political chaos at home and abroad, the UK gas market must now operate without its biggest stabilizing force: the giant Rough gas storage facility under the North Sea.

Investors avoid big moves as key events draw near

2017-06-08 11:54

European stocks have risen while US futures edged higher before the ECB’s policy decision, the UK election and former FBI Director James Comey’s testimony before a Senate committee.

UK vote shock may boost long-term pound on soft Brexit

2017-06-08 08:48

A poor result for Prime Minister Theresa May in Thursday’s UK election may be good for the pound further down the line.

UK retail sales rise more than expected on nice weather

2017-05-18 11:25

UK retail sales have gained more than expected in April as nice weather prompted Britons to splurge on their homes and gardens, while the pound rose.

IMF sees Dubai GDP growth accelerating on local spending, trade

2017-05-02 10:22

Dubai’s gross domestic product will likely accelerate this year at a faster pace than most Arab economies, bolstered by local spending and a pick-up in global trade.

EU hardens Brexit position on financial services

2017-04-25 17:30

EU governments further toughened their position on Brexit, as they added limits on financial services and explicit demands on citizens’ residency rights to their negotiating plan with the UK.

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