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April 30, 2017

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Business > Europe
Italy's new Prime Minister Paolo Gentiloni said Monday he will ask parliament to approve a precautionary 20-billion-euro funding package for the country's troubled banks.
 
Australia and France to seal next generation sub deal
France and Australia will sign a multi-billion dollar deal -- which Paris has billed as the "contract of the century" -- for 12 state-of-the-art submarines, their defense ministers said Monday.
 
UK faces postal, transport sector holiday strikes
The United Kingdom faces a Christmas of discontent as labor unions threaten to disrupt airports, rail services and mail deliveries.
 
Wanda off
Tourists ride two-wheeled electric vehicles near the Edificio Espana building on the Plaza de Espana square in Madrid on March 19, 2014.
 
Austerity anxiety
Pensioners march during an anti-austerity rally in Athens, Thursday, Dec. 15.
 
Irish village gears up to party for local business hero Donald Trump
On a windswept coastline in western Ireland, a sleepy hamlet is preparing one hell of an inauguration party on Jan. 20 when billionaire tycoon and local investor Donald Trump becomes U.S. president.
 
May calls for an 'orderly' Brexit
British Prime Minister Theresa May urged her EU counterparts Thursday to make Brexit "as smooth and orderly ... as possible" as they prepared to discuss the process at a dinner without her.
 
A survey shows that business activity across the 19-nation eurozone is growing at a relatively strong pace at the end of the year thanks to an upturn in manufacturing.
 
IMF boss Christine Lagarde faced a grilling Tuesday, the second day of her trial, over the "colossal" damages payout authorized for a tycoon while she was French finance minister.
 
Iran signs agreements with Russia's Gazprom to develop oil fields
Iran signed preliminary agreements with Russia's Gazprom on Tuesday to develop two major oil fields in the latest of a flurry of deals with foreign firms, local media reported.
 
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