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Economy News

RSS feedDisplaying articles 31 - 40 of most recent articles

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Swiss central bank under scrutiny after franc shock By Alice Baghdjian and Katharina Bart ZURICH (Reuters) - Six weeks after a fateful decision that blasted its currency skywards, Switzerland's central bank is coming under intense scrutiny, with critics calling for changes to its insular policy practi
Yahoo! News | Feb 25, 2015 4:00 PM [GMT] | comment? | recommend
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Lowe's has strong 4Q as consumers tackle home projects NEW YORK (AP) Lowe's fourth-quarter profit climbed as an improving economy gave homeowners more confidence to take on home projects.
Yahoo! News | Feb 25, 2015 3:58 PM [GMT] | comment? | recommend
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Cameron still waiting for electoral gold from recovering economy By William Schomberg LONDON (Reuters) - British Prime Minister David Cameron could hardly have asked for a better run of economic numbers ahead of May's tight election. Yet he and his Conservative Party are nervously waiting to see if they can count
Yahoo! News | Feb 25, 2015 3:28 PM [GMT] | comment? | recommend
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South Africa's rand weakens, bonds pare gains after budget South Africa's rand weakened against the dollar and government bonds pared gains on Wednesday after Finance Minister Nhlanhla Nene raised income taxes, cut economic growth forecasts and widened budget deficit estimates. Nene said in a budget speech t
Yahoo! News | Feb 25, 2015 3:27 PM [GMT] | comment? | recommend
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Kazakh veteran leader calls snap presidential poll on April 26 Kazakhstan's president, Nursultan Nazarbayev, on Wednesday called an early presidential election in the oil-producing Central Asian state on April 26. The election is widely seen as intended to give him another five years at the helm of Central Asia&
Yahoo! News | Feb 25, 2015 2:53 PM [GMT] | comment? | recommend
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Former Greek finance minister stands trial over tampering with tax-dodger list Former Greek finance minister George Papaconstantinou went on trial on Wednesday on charges of tampering with a list of alleged tax evaders in a case that aroused anger among a public hit by austerity policies and economic crisis. Papaconstantinou, who se
Yahoo! News | Feb 25, 2015 2:07 PM [GMT] | comment? | recommend
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Telefonica 2014 net profits plunge 34.7% Spain's Telefonica on Wednesday reported a 34.7 percent plunge in net profits to 3.0 billion euros ($3.4 billion) in 2014, citing Venezuela's economic crisis and other exceptional costs. "A period of intense transformation... has strengthen
Yahoo! News | Feb 25, 2015 1:13 PM [GMT] | comment? | recommend
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South Africa raises income taxes for first time since 1995 South Africa will raise income taxes for the first time in twenty years, Finance Minister Nhlanhla Nene said in a gloomy budget speech on Wednesday, as he cut economic growth forecasts and widened budget deficit estimates. Personal income tax will rise by
Yahoo! News | Feb 25, 2015 1:12 PM [GMT] | comment? | recommend
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Net profit surges 12% at France's AXA insurance French insurance group AXA, number two in Europe after German giant Allianz, said Wednesday its net profit surged 12 percent last year to 5.02 billion euros ($5.7 billion). "Even though the global economic landscape remains uncertain, the group has s
Yahoo! News | Feb 25, 2015 1:06 PM [GMT] | comment? | recommend
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European stocks drop; London off record high European stock markets fell Wednesday, taking the steam out of a rally that pushed London to record highs the previous day. London's benchmark FTSE 100 index dropped 0.36 percent to stand at 6,924.30 points around midday in the British capital. "
Yahoo! News | Feb 25, 2015 1:02 PM [GMT] | comment? | recommend