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April, 30, 2016

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Business > Europe
The UK's Conservative government raised the minimum wage by 7.5 percent on Friday in a move denounced by critics as largely symbolic in an era of state austerity.
 
Turkey's gross domestic product (GDP) grew 4.0 percent in 2015 from a year earlier, the statistics office said Thursday, beating expectations and helped by an unexpectedly robust fourth quarter.
 
German unemployment remained at current historic lows in March, as the recovery in Europe's biggest economy remains on track, despite the global uncertainties, data showed on Thursday.
 
Even before a potential knock to economic sentiment from the Brussels attacks, confidence across the 19-country eurozone was already on the wane.
 
Growth of loans to the private sector in the euro area picked up modestly in February, European Central Bank data showed on Tuesday.
 
One of the world's biggest renewable energy firms, Spain's Abengoa, said Monday it had been given a seven-month breathing space by its creditors for restructuring that should stave off the threat of immediate bankruptcy.
 
Helicopters dropping money in the streets: it's a vivid metaphor for a drastic form of central bank stimulus that is gaining attention as a possible way to help the global economy out of its malaise.
 
Staff at The Independent sent their final edition to the printing presses on Friday before the 30-year-old British newspaper becomes available only in digital format.
 
France put tighter reins on its public sector deficit last year than expected on the back of slightly better growth, data showed Friday, as the country struggles to meet eurozone rules.
 
The websites of several French media outlets joined together Monday requesting or requiring readers to disable ad blocking software to gain access to news content.
 
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