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May, 5, 2016

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Business > Europe
European stock markets bounced back on Monday as positive eurozone data and expectations of low U.S. interest rates for some time helped offset renewed concerns over a weak Japanese economy.
 
Airlines still offering waivers for Brussels travel
Travelers who booked trips through Brussels have options while the airport in the Belgian capital works to resume operations after last month's bombings.
 
The British government says public sector construction projects will be encouraged to use UK-made steel, a move designed to shore up an industry in crisis.
 
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.
 
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