World news about “Economy” published by euronews.
Winter freeze boosts food prices The severe winter weather battering Europe is pushing up the cost of food, creating difficulties for growers. European wheat prices hit an almost eight… 08/02/2012
Gas grumbles heat up in bitter cold The European Commission has confirmed several European countries are experiencing reduced flows of Russian natural gas. Brussels says the countries involved… 04/02/2012
New boss in latest Carrefour turnaround bid It is all change at Carrefour Europe’s largest retailer. Out goes Lars Olofsson, who failed to revive the French group’s ailing hypermarkets, and presided… 30/01/2012
IMF’s Lagarde urges quick resolution to euro crisis IMF chief Christine Lagarde has urged European leaders to act fast and deal with the continent’s debt crisis. She was speaking at the World Economic Forum… 28/01/2012
Davos: crisis and consequences The shockwave sent out by the eurozone crisis is now hurting emerging economies like Brazil, Russia, and China. These were the very economies that came to… 27/01/2012
Ghosn notes pessimism in the Davos air The car industry is an excellent economic bellweather as its health often a reflection of consumer confidence or economic vigour. So who better to talk to… 27/01/2012
Davos ponders the future of food The eurozone crisis has plunged the world’s economy into the danger zone. Europe’s troubles are hitting the once robust growth of the big BRIC hitters –… 27/01/2012
Ideas as vital as money for the Davos recipe Deals are not only sealed in private meeting rooms. A lucrative agreement can just as easily be made over a mouth-watering canapé at one of the numerous… 27/01/2012
Davos blog: Schmoozing, Swiss stylePoliticians and business people like Davos because they can hold a months’ worth of meetings in just a few days without having to travel around the world to… 27/01/2012
Big freeze fails to deter protesters at Davos Adapt and protest. That is one of the messages emerging from Davos. The snow is not enough to deter the demonstrators who have built, ‘Camp Igloo’ proof, they… 26/01/2012
Eurozone should stay intact says Lamy Some blame part of the Eurozone’s woes on globalization – the interconnectedness of world economies held responsible for the downturn that’s hit so many… 26/01/2012
Eurozone crisis dominates debates at Davos The shrieks and cries, the swish and swirl of winter sports are the normal sounds which echo across the mountains which surround Davos. Now it is the… 26/01/2012
Davos blog: Let it snow!If you are a skier this is the weekend to hit the slopes in Davos. Not only has it not stopped snowing in the last few days – the pistes are completely empty… 26/01/2012
Austerity and solidarity to save the euro Omnipresent in the background of the World Economic Forum in Davos is the sovereign debt crisis in the eurozone. The great challenge is to find the ideal… 26/01/2012
New problems new solutions The World Economic Summit has opened in Davos to a background of economic and geopolitical changes. They include a deepening debt crisis which is… 26/01/2012
Fed rate vow signals recovery is a long way off The US Federal Reserve has said it is not likely to raise interest rates from their current exceptionally low levels until at least the back end of 2014… 25/01/2012
E-business defies financial gloom The European Commission has said it wants to support e-commerce and online businesses more. Latest studies show the Internet creates 2.6 jobs for every one… 24/01/2012
French firms to count cost of genocide law The Armenian genocide bill passed by the French parliament could hit French companies doing business, or hoping to do business, with Turkey. Previous… 24/01/2012
Unions threaten to cut Nigerian oil production Four days into Nigeria’s general strike, the prospect is that the country may be exporting no oil come Sunday. The main oil union said it would shut down… 13/01/2012
Italian and Spanish debt costs fall Italy’s borrowing costs plunged in its first auction of government bonds of the new year on Thursday. For bonds that have to be repaid next January, Rome… 12/01/2012
Chinese inflation eases China’s consumer inflation rate dipped to its lowest level in fifteen months in December at 4.1 percent compared with a year earlier. The average rate last… 12/01/2012
ECB holds interest rates No change from the European Central Bank this month after its back-to-back interest rate cuts late last year. Leaving its key borrowing rate at a record… 12/01/2012
Iran sanction poker While Washington is patting backs over Europe’s agreement on Iranian oil sanctions, Tehran’s reaction has been to brush it off. European governments said on… 05/01/2012
German unemployment down more than expected Germany continues to buck the European trend for unemployment. In contrast to alarming levels of joblessness in many European states, the region’s largest… 03/01/2012
Champagne corks still popping despite crisis French champagne sales managed to weather the economic crisis in 2011 according to the champagne trade association — the Comite Interprofessionnel des Vins de… 03/01/2012
Hungary defiant in central bank dispute Hungary has defied objections from the International Monetary Fund and the European Union and the parliament has adopted a new law regulating the country’s… 30/12/2011
Denmark makes money on safe haven loans The eurozone’s loss is Denmark’s gain. So desperate are investors to find safe havens away from the eurozone debt crisis that they are paying the Danish… 30/12/2011
China’s factory output falters Chinese factory activity shrank again in December according to a survey of company purchasing managers (PMI) carried out by HSBC. New export orders were… 30/12/2011
European markets at close: 23.12.11 23/12/2011
A wage for living It is Christmas time again. Despite the crisis, British people are spending nearly 84 billion euros on seasonal shopping, up 1 per cent from last year. But… 22/12/2011
European markets at close: 22.12.11 22/12/2011
European markets at close: 20.12.11 20/12/2011
European markets at close: 19.12.11 19/12/2011
Strauss-Kahn: eurozone has just weeks to sort out problems The former head of the International Monetary Fund, Dominique Strauss-Kahn, has warned that the eurozone is a “raft that will sink” unless the region’s… 19/12/2011
Federal Reserve holds its fire The post-Brussels summit week contained much that was difficult to stomach, but one thing is certain: the European debt crisis is not going away quickly… 16/12/2011
European markets at close: 08.12.11 08/12/2011
Nobel laureate says euro zone ‘on edge of meltdown’ As the Nobel Awards are about to be handed out in Stockholm, Sweden euronew’s Isabelle Kumar caught up with Economics Prize winner Professor Christopher Sims… 07/12/2011
Geithner upbeat on European reforms A positive tone from US Treasury Secretary Timothy Geithner as he started a three-day blitz of euro zone officials. In Europe to urge decisive action to… 06/12/2011
Africa’s biggest mall opens – nocomment Morocco is ending the year with the opening in Casablanca of Morocco Mall, the biggest shopping centre in Africa. 05/12/2011
European markets at close: 02.12.11 02/12/2011
Heineken buys a round The brewing giant Heineken has become one of the UK’s leading pub owners after buying more than 900 tenanted pubs from the Royal Bank of Scotland. … 02/12/2011
Surprise US jobless rate fall in November Unemployment in the United States has fallen to its lowest level for two-and-a-half years according to the latest official statistics. 120,000 people found… 02/12/2011
European markets at close: 01.12.11 01/12/2011
Slowdown in euro zone factories speeds up Manufacturing in the euro zone contracted at its fastest pace for two years last month. The latest survey showed factories were forced to cut their… 01/12/2011
Sun, sea and uncertainty at Thomas Cook The troubled holiday giant Thomas Cook is reported to be ready to cut 1,000 jobs and shake up its boardroom after securing yet another emergency cash… 28/11/2011
No US deal for Deutsche Telekom? US and German telecoms giants AT&T and T-Mobile are bracing themsleves for the possibility their near- 30 billion euro deal in the USA will bite the… 24/11/2011
European markets at close: 23.11.11 23/11/2011
Merkel: Eurobonds “will not work” The centrality of Germany to the resolution of the Eurozone debt crisis has never been more evident, yet while most member states are proposing one solution… 23/11/2011
Car sales slow in China China the world’s largest car maker will see growth remain stagnant in the absence of incentives for buyers and the country’s tight credit control. That’s… 21/11/2011
Government Sachs Europe branch? Critics in Europe are very uneasy about the new Italian ECB chief, the Greek premier and the prime minister-designate of Italy’s past or present relations… 15/11/2011
Airbus’ neo boost at Dubai Fuel economy continues to be a big driver of plane sales and at the Dubai Airshow green is the word. While it develops its rival to Boeing’s lightweight… 14/11/2011
Look at my boots !Tim Mathieson, Australian Prime minister’s partner, shows U.S. First Lady Michelle Obama his cowboy boots before she hosts a luncheon with the spouses of … 14/11/2011
Aerobatics in the skies over Dubai As the Dubai Airshow opened, the skies were filled with a series of aerobatics demonstrations. 14/11/2011
Dubai Airshow 2011 opens its doors Spain’s Juan Carlos I joined Emir Mohammed bin Rashid Al Maktoumwas in the United Arab Emirates on Friday, 11 November to officially open the 12th Dubai… 14/11/2011
Common culture is key to economic re-launch Frédéric, from Brussels, asks: In the current context of growing euroscepticism among people who despair for European integration for the moment, I’d like… 10/11/2011
EADS delays A350 EADS has put back the launch of the Airbus A350 by six months and said that delay will cost it around 200 million euros. That trimmed its third-quarter… 10/11/2011
Q3 growth doesn’t dispel UK recession fears Britain appears to be teetering on the brink of recession, despite stronger-than-expected GDP growth in the third quarter. It was up 0.5 percent from the… 01/11/2011
European markets at close: 31.10.11 31/10/2011
OECD warns leaders must act to avoid recession The Organisation for Economic Cooperation and Development is forecasting a sharp slowdown next year for the euro zone. Its downbeat outlook came just days… 31/10/2011
Barclays’ profit up, bad loans down Good news from Barclays which saw its third quarter profit rise by five percent. There were gains in retail banking and from its credit card division while… 31/10/2011
Red faces in Berlin over massive banking error The German government is under pressure to explain a massive accounting error at a struggling bank nationalised in 2009. The discovery of the mistake means… 29/10/2011
MEPs call for tougher EU wide anti-mafia lawsEurope needs stricter rules to stop organised crime, particularly the mafia, gaining access to public funds, the European Parliament says. The abolition… 27/10/2011
Italy’s short-term borrowing costs rise Italy’s short-term borrowing costs rose to their highest in more than three years at an auction on Wednesday. Proof of investors focus on the crucial… 26/10/2011
Carlos Slim: ‘I am not a monopoliser’ Meet Carlos Slim, the Mexican telecom tycoon who has nudged Bill Gates into second position for the third year running, cementing his place as the richest man… 26/10/2011
German consumer morale unexpectedly rises German consumers were more upbeat this month despite a darkening economic outlook. The latest survey by the GfK market research group found morale… 25/10/2011
I live 2 lead: a generation of confident women They were the youngest delegates at the Women’s Forum in Deauville. Chiara, from Italy, Lena-Maria from Saudi Arabia and Pauline from Kenya. They are all… 21/10/2011
Cartier Women’s Initiative Awards The Cartier Women’s Initiative Awards were created in 2006. Each year since, six female entrepreneurs, each representing a major world region, are selected… 21/10/2011
Dexia clears way for full dismantlement Bailed-out financial group Dexia has cleared the way for its full breakup. The board of directors has given final clearance for the nationalisation of its… 20/10/2011
EU probes interbank lending rates The European Commission has raided a number of banks, including Deutsche Bank, in a probe into possible fixing of interbank lending rates — known as… 19/10/2011
Strong franc, euro problems influence Swiss election As part of our series of reports on the upcoming Swiss elections, euronews spoke to Anne-Frédérique Widmann, senior reporter with Swiss-French Television… 19/10/2011
‘What if..?’ 7th Women’s Forum has the answer ‘What if…’ is the theme of the Seventh Women’s Forum, a bit like Davos but without the billionaire bling. Meeting this year in Deauville, 1,400 delegates from… 17/10/2011
Pigs don’t fly, but pork prices soar in China Consumer inflation in China dipped last month. It was 6.1 percent compared with September last year. In July it hit a three-year high of 6.5 percent… 14/10/2011
Greece’s deficit grows despite tax hikes Greece’s budget deficit continued to widen in September with the country in recession because of the austerity measures introduced to cut spending. The… 12/10/2011
Barroso presents bank recapitalisation plan European Commission President Jose Manual Barroso has unveiled details of a bank recapitalisation plan to help cope with the euro zone’s debt crisis. “For… 12/10/2011
European markets at close: 10.10.11 10/10/2011
US economists win Nobel prize The winners of this year’s Nobel Prize for Economics have been announced in Stockholm with the award going to US economists Thomas Sargent and Christopher… 10/10/2011
Euro zone private sector contracts The euro zone’s private sector contracted for the first time in two years last month according to new business surveys. Questioning of firm’s purchasing… 05/10/2011
Share prices boosted by positive news European share prices have bounced back on Wednesday after euro zone finance ministers agreed to safeguard banks from the spreading sovereign debt crisis and… 05/10/2011
Euro zone inflation jumps Inflation in the 17 countries that share the euro unexpectedly rose in September to three percent. In its first estimate the EU’s statistics agency… 30/09/2011
German jobless at lowest level in 20 years German unemployment fell much further than expected in September. The total of people out of work was 6.6 percent of the workforce. That is not adjusted for… 29/09/2011
France still upbeat about growth, deficit goals France has unveiled its proposed budget for next year. President Nicolas Sarozy’s conservative government has stuck with previous targets for growth, debt and… 28/09/2011
European markets at close: 26.09.11 26/09/2011
Investors welcome new UBS CEO UBS investors have welcomed the Swiss bank’s choice of caretaker chief executive, Sergio Ermotti. Its shares rose after Oswald Gruebel quit to take the… 26/09/2011
World stocks tumble on recession fears Mounting fears that the global economy is slipping back into recession washed through financial markets world-wide on Thursday. Shares in Europe finished… 22/09/2011
ECB warns of debt crisis threat to euro The euro is in danger due to member states’ runaway spending and the subsequent sovereign debt crisis. So says a European Central Bank study that is… 22/09/2011
ECB gets nervous about the economy Wrapping up an intense and eventful week, this edition of Business Weekly concentrates on the increasing growth worries in the euro zone. Taking into account… 16/09/2011
New models on show in Frankfurt motor show The posters at the 64th Frankfurt Motor Show which will open its doors to the public on Friday proclaim “Future comes as standard”. Car registrations in… 13/09/2011
The Palestinian economy’s bottled-up potential Ramallah’s construction industry is booming, and is seen as a symbol of economic growth in the West Bank. The IMF and World bank praise the performance of… 09/09/2011
China inflation and growth cool Inflation in China pulled back in August. It was 6.2 percent compared with the same month last year. In July it reach a three-year high of 6.5… 09/09/2011
ECB’s Stark quits revealing rifts European Central Bank Executive Board member Juergen Stark is quitting his post. According to the bank ,the German policymaker is stepping down for… 09/09/2011
EU: ‘Gaddafi is a spectre and remains a worrying presence’ It may be a tall order for Tripoli to reach any kind of normality soon but the city is slowly trying to get back on its feet after three months of siege and… 08/09/2011
Asset rich Libya moves to rebuild economy For the new rulers of Libya, relaunching the country’s oil-export based economy is the priority. To pressure Gaddafi sanctions were imposed and assets… 08/09/2011
Recession fears keep euro zone rates on hold With economic growth in the euro zone forecast to weaken the European Central Bank has changed tack on interest rates. Having previously raised rates to… 08/09/2011
Solidarity’s birth place now builds luxury yachts Poland’s Gdansk Shipyard — where once the Solidarity trade union movement fought to bring down the communist regime — is now a shadow of its former self and a… 07/09/2011
Yahoo’s Bartz fired by phone Yahoo’s shares shot up after the struggling internet company fired its chief executive Carol Bartz. In a message to Yahoo employees Bartz said Chairman Roy… 07/09/2011
Shares and euro rebound after German ruling The financial markets gyrations continued on Wednesday – they were up after three days of major losses that took shares prices to their lowest levels in two… 07/09/2011
Swiss move aggressively to weaken franc Switzerland’s central bank has turned the tables on investors who have buying the Swiss franc as a safe haven and driving up its value against other… 06/09/2011
Deutsche Bank boss warns crisis could kill weak banks Europe’s sovereign debt crisis will cut bank’s profits for years and could even kill off some of the weakest ones. That warning has come from the head of… 05/09/2011
Athens under pressure over EU/IMF aid With the credibility of the euro zone at stake over Greece‘s bailout, the wrangling goes on between Athens and Brussels. The suspension of an … 05/09/2011
Swiss banks want US tax row deal The head of the Swiss Bankers Association has said his country must solve a dispute with the United States over wealthy citizens using secret Swiss accounts… 05/09/2011
