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Sunday, February 7, 2016
Italian banking shares are getting battered this year as the government tries to bundle and dispose of billions of euros in bad loans while attempting to reform and consolidate the ailing sector.
Friday, February 5, 2016
Credit Suisse is cutting roughly 4,000 jobs to reduce costs after announcing a massive pre-tax loss in the fourth quarter that includes "substantial charges which are not reflective of our underlying business performance," the bank said Thursday.
Thursday, February 4, 2016
Czechs, world's top beer drinkers, could get an even cheaper brew
The Czechs, the biggest beer consumers in the world, could soon have a reason to drink even more after the finance minister proposed lowering tax on the drink by more than half.
Wednesday, February 3, 2016
The Greek government launched a new round of negotiations with rescue creditors Monday over the course of the country's latest bailout program, amid highway blockades and angry union reaction to proposed pension reforms that are central to the talks.
Monday, February 1, 2016
Farmers cash in on increasing demand for local agriculture
For Olga Druganina, Russia's economic turmoil has been a great business opportunity.
Saturday, January 30, 2016
Google is gearing up for a new round in its European tax fight after the EU said it could investigate its 130 million-pound (US$186 million) deal for back taxes in Britain and Italy alleged Google owed it some 300 million euros.
A prominent French whistleblower and Spanish anti-corruption activists who triggered an investigation of a former International Monetary Fund chief announced Thursday they are designing a digital payment system aimed at excluding middlemen companies that make money from online purchases.
Official figures show the Spanish economy grew by a strong 0.8 percent in the fourth quarter compared with the previous three months.
France's economy grew by a weak 1.1 percent in 2015, as its last quarter was weighed down by the Nov. 13 attacks in Paris and an unseasonably warm winter.
Thursday, January 28, 2016
A closely watched survey shows German consumer confidence remains stable despite concerns about the massive influx of migrants and recent terrorist attacks in Paris.
  
  
  
  
  
  
  
  
  
  
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