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Economy News

RSS feedDisplaying articles 31 - 40 of most recent articles

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Westinghouse challenges South Africa nuclear contract awarded to Areva Westinghouse Electric Company said on Thursday it had filed an interdict in a South African court to reopen the bidding process for a contract awarded to French rival Areva to replace six steam generators at a nuclear power plant. The refit is part of a p
Yahoo! News | Aug 28, 2014 1:25 PM [GMT] | comment? | recommend
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Aeroflot reports big losses amid Ukraine turbulence Leading Russian airline Aeroflot dived into loss in the first half of the year, buffeted by the problems afflicting the Russian economy, the group said on Thursday. The Russian economy is experiencing sharp slowdown, severely exacerbated by Western sancti
Yahoo! News | Aug 28, 2014 11:36 AM [GMT] | comment? | recommend
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France says Europe must be more than 'bank window' in Israel, Palestinian conflict French President Francois Hollande said on Thursday Europe had to play a bigger role to help resolve the Israeli-Palestinian conflict and could no longer just play the role of a "bank window" for reconstruction after each war. An open-ended ceas
Yahoo! News | Aug 28, 2014 11:23 AM [GMT] | comment? | recommend
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Italy's Renzi aims to lay down marker with justice, school reform By James Mackenzie and Gavin Jones ROME (Reuters) - Prime Minister Matteo Renzi returned from holiday this week with his customary vim, tweeting that he was back at work on a new plan to speed up Italy's sluggish justice system, reform its schools an
Yahoo! News | Aug 28, 2014 10:51 AM [GMT] | comment? | recommend
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Eurozone loans to private sector still contracting: ECB Loans to the private sector in the euro area, a gauge of economic health, fell year-on-year in July, data showed on Thursday, increasing pressure on the European Central Bank to act. The volume of loans to private businesses and households declined by 1.6
Yahoo! News | Aug 28, 2014 10:47 AM [GMT] | comment? | recommend
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European stocks drop as Ukraine crisis flares up London (AFP) - European stock markets sank on Thursday as investors worried over reports of increased Russian interference in war-torn Ukraine, dealers said.
Yahoo! News | Aug 28, 2014 10:14 AM [GMT] | comment? | recommend
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Cameron to tell split business community Scotland should stay in Britain Prime Minister David Cameron will make the case for the economic benefits of Scotland staying in the United Kingdom on Thursday as a divided business community publicly take sides. With three weeks to go until a referendum on independence, 200 Scottish bu
Yahoo! News | Aug 28, 2014 07:44 AM [GMT] | comment? | recommend
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New French economy minister takes aim at 35-hour week France's new pro-business Economy Minister Emmanuel Macron ran into trouble with trade unions on Thursday for suggesting companies could be allowed exemptions to France's 35-hour week. The 35-hour week was introduced by a previous Socialist-led
Yahoo! News | Aug 28, 2014 07:35 AM [GMT] | comment? | recommend
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Ebola causing huge damage to W.Africa economies: development bank By Josephus Olu-Mammah and Umaru Fofana FREETOWN (Reuters) - The worst ever Ebola outbreak is causing enormous damage to West African economies as foreign businessmen quit the region, the African Development Bank said, while a leading medical charity bran
Yahoo! News | Aug 28, 2014 07:21 AM [GMT] | comment? | recommend
Asia shares mixed, euro claws back some losses Asia's markets were mixed Thursday, with investors unable to build on the previous day's advances after the S&P on Wall Street notched up another record. With few catalysts to drive trade the dollar retreated from seven-month highs against t
Yahoo! News | Aug 28, 2014 03:01 AM [GMT] | comment? | recommend