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Economy

Investors have sentenced Greece

23/04/2010 09:22:30

Greece on Thursday suffered a further punishment ofrom the markets. The third upward revision of its public deficit figures in just six months. Eurostat, the Statistical Office of the European Commission,...

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IMF raises global growth forecast

22/04/2010 09:23:19

The International Monetary Fund (IMF) predicted Tuesday that the global economy will grow by 4.2% in 2010, more than previously expected. The IMF on Wednesday launched its report "World Economic Outlook.

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Arriva confirmed it is in talks with Deutsche Bahn about a possible takeover bid

20/04/2010 10:23:55

The British passenger transport services Arriva acknowledged today that it is in talks with German rail operator Deutsche Bahn on the possible terms of a recommended takeover offer in cash, confirmed today in a statement.

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Markets salute deal on Greece, for now

12/04/2010 20:15:47

Markets saluted a euro zone deal on a huge standby rescue package for Greece, slashing the debt-laden country's borrowing costs and buying its stocks and bonds on Monday as fears of a near-term default evaporated.

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Euro zone readies rescue package for Greece

11/04/2010 20:15:48

Euro zone finance ministers approved a giant 30-billion-euro (26.3 billion pound) emergency aid mechanism for debt-plagued Greece on Sunday but stressed Greece had not requested the plan be activated yet.

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Firms warn job market very tough outside London

09/04/2010 09:33:58

The job market outside London is still mired in recession, Britain’s biggest recruitment firm Hays warned, dealing a blow to Prime Minister Gordon Brown’s hopes of a recovery ahead of the May 6 election. The Labour party is hoping falling unemployment and tentative signs of economic growth will help it gain ground on the Conservatives whose lead in opinion polls indicates they will emerge as the biggest party. It got a boost last month when data showed the number of Britons ...

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Obama: 'This reform will not save banks with public money'

23/04/2010 09:57:13

President Barack Obama on Thursday at noon made a speech in New York to explain the White House plan ...

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Measures to be taken in the UK against "vulture funds"

21/04/2010 08:54:19

The UN Rapporteur on Human Rights and Foreign Debt, Cephas Lumina, welcomed the adoption in the UK of ...

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1.360 euros to go in taxi from England to Switzerland

19/04/2010 09:50:23

A group of executives from a multinational firm paid 1200 pounds (1,360 euros) for a taxi from the town of Northampton,...

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Barclays to back Liverpool refinancing - report

11/04/2010 07:15:50

The newspaper said the bank is this weekend finalising a deal that will see it replace the club's current lenders,...

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Burkle bids $600 million for Disney's Miramax

09/04/2010 09:39:21

Billionaire investor Ron Burkle's Yucaipa Cos, in a partnership with movie producers Bob and Harvey Weinstein,...

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Washington to host major economies meeting on climate

09/04/2010 18:25:57

The United States will host a meeting of major economies on April 18-19 in Washington to advance talks on a global deal to fight climate change,...

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