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Economy News

RSS feedDisplaying articles 11 - 20 of most recent articles

Germany's BASF warns on profits and shares drop BERLIN (AP) Chemical and oil company BASF is warning that its profits will come in below its previous forecast in the wake of slower global economic growth and industrial production.
Yahoo! News | 15 hours, 53 minutes ago | comment? | recommend
EU climate deal a win for efficient companies: Austria VIENNA (Reuters) - The European Union's new deal on carbon emissions marks a victory for companies such as steel group Voestalpine which have already embraced environmentally sensitive practices, Austria's economy minister said. European Union leaders str
Yahoo! News | 16 hours, 8 minutes ago | comment? | recommend
Survey: German consumer confidence stabilizes BERLIN (AP) A survey finds that a downward trend in German consumer confidence has come to an end, despite cooler growth prospects for Europe's biggest economy.
Yahoo! News | 17 hours, 1 minute ago | comment? | recommend
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Britain slams EU budget demand British Prime Minister David Cameron has challenged a demand from the European Union for an additional 2.1-billion-euro payment into the EU budget in the coming weeks following a revision of economic statistics. A British spokesman at an EU summit in Brus
Yahoo! News | 21 hours, 36 minutes ago | comment? | recommend
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EU strikes compromise to set new climate target By Barbara Lewis and Alastair Macdonald BRUSSELS (Reuters) - European Union leaders struck a deal on a new target to cut carbon emissions out to 2030, calling it a new global standard but leaving critics warning that compromises had undermined the fight a
Yahoo! News | 21 hours, 40 minutes ago | comment? | recommend
South Korea economy grows 0.9% in Q3: central bank South Korea's economic growth picked up in the third quarter on revived consumer spending and a government stimulus package, the Bank of Korea said Friday. Gross domestic product rose a seasonally adjusted 0.9 percent from the April June-period, whic
Yahoo! News | 21 hours, 46 minutes ago | comment? | recommend
Ukraine economic revival hangs on parliament vote Ukraine's floundering economy needed $27 billion in global assistance when Petro Poroshenko won the presidency in May with a mandate to scrape out embedded corruption and slash reams of red tape. The battle-scarred leader faces Sunday's general
Yahoo! News | 23 hours, 49 minutes ago | comment? | recommend
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Brazil poll winner must overhaul economy: analysts Braslia (AFP) - Regardless of whether incumbent Dilma Rousseff or challenger Aecio Neves wins Sunday's Brazilian presidential election run-off, this Latin American powerhouse needs an economic overhaul, analysts say. Memories of growth racing ahead 7
Yahoo! News | Oct 23, 2014 8:02 PM [GMT] | comment? | recommend
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Italy angers EU in budget battle European Commission head Jose Manuel Barroso sharply criticised Italy on Thursday for publishing a letter from the EU requesting clarifications on Rome's rule-breaking budget. Hours before an EU summit, the Italian finance ministry released a letter
Yahoo! News | Oct 23, 2014 7:48 PM [GMT] | comment? | recommend
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Oil rebounds on German, Chinese data; Saudi cutback news Oil prices rebounded Thursday from a two-year low in New York on encouraging Chinese and German economic data and reports of Saudi Arabia cutbacks. US benchmark West Texas Intermediate for December delivery advanced $1.57 to close at $82.09 a barrel on th
Yahoo! News | Oct 23, 2014 7:38 PM [GMT] | comment? | recommend