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January, 25, 2017

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Business > Europe
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.
 
Italy's biggest bank, UniCredit, announced plans Tuesday to slash 14,000 jobs and raise billions of euros in fresh capital as fears of a banking and political crisis grip the country.
 
The Dutch economy has grown by 2.1 percent this year the government's economic think tank said on Tuesday, thereby recovering to pre-financial crisis levels.
 
IMF chief Lagarde on trial over Tapie payment
IMF chief Christine Lagarde goes on trial in France on Monday over a massive state payout to a flamboyant tycoon when she was finance minister in a case that risks tarnishing her stellar career.
 
Italy's troubled Monte dei Paschi di Siena (BMPS) bank on Sunday announced it would go ahead with plans to seek a private sector-led rescue, narrowly avoiding the need for a government bailout.
 
European stock markets squeezed out further gains on Friday after a strong trading week for the region that saw the main Paris index hit one-year highs.
 
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