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News about economy
Santander names Ana Botin as chair after her father's death
Ana Patricia Botin was named the new chairman of Spanish bank Santander, replacing her father who died suddenly of a heart attack.
11 September 2014
Merkel 'proud' of budget, insists on rigour in EU
Angela Merkel voiced pride in her country's strong budget and called on EU states "finally" to respect joint fiscal rules.
10 September 2014
Share of SMEs in Kazakhstan's GDP stagnant for 7 years
The share of small and medium-sized enterprises (SMEs) in Kazakhstan’s GPD has not exceeded the threshold of 20% over the past seven years.
05 September 2014
Economic growth kills minority languages: study
Economic prosperity is the worst enemy of minority languages.
03 September 2014
IMF warns Ukraine may need extra $19 bn in help
The International Monetary Fund warned that economically-devastated Ukraine may need an extra $19 billion (14.5 billion euros) in assistance
03 September 2014
Kazakhstan ready for various geopolitical risks: Nazarbayev
President of Kazakhstan said the country was facing quite a few problems but was prepared to address various scenarios.
02 September 2014
Draghi 'supports' France's call to boost European demand
French President and the head of the European Central Bank (ECB) have agreed that European demand must be lifted to head off a risk of deflation.
02 September 2014
IMF approves $1.4 billion aid payment for Ukraine
The International Monetary Fund approved the release of nearly $1.4 billion in fresh funds for troubled Ukraine.
30 August 2014
Tesco issues new profit warning, slashes dividend
Troubled British supermarket giant Tesco issued another profits warning and slashed its shareholder dividend by 75 percent.
29 August 2014
German jobless rate unchanged in August: data
Unemployment in Germany stagnated in August, as clouds continue to build over Europe's biggest economy.
28 August 2014
Ukraine loves Nazarbayev: Poroshenko
President of Ukraine Petro Poroshenko sees a great potential for an increase of goods turnover between Kazakhstan and Ukraine.
27 August 2014
France's economic malaise: A sense of deja-vu?
When Francois Hollande's inaugural parade was drenched in rain, some jokingly wondered whether this was a warning of things to come.
27 August 2014
Germany should drive economic recovery in Europe: IMF chief
IMF chief C. Lagarde wants Germany to play a bigger role in propelling economic recovery in Europe, suggesting that German wages should rise.
25 August 2014
Burger King plans to buy Canadian chain Tim Hortons
Fast-food chain Burger King plans to buy chain Tim Hortons in an acquisition that will make it the world's third largest in the fast-food sector.
25 August 2014
Ukraine's economy minister announces resignation
Ukraine's economy minister announced his resignation following conflicts within the government on how to turn around the economic situation.
22 August 2014
Russian Communist park restored amid wave of nostalgia
A giant Moscow complex extolling the days of the old planned economy has been restored amid a wave of nostalgia for Russia's past.
22 August 2014
Carlsberg lowers profit outlook on fall in Russian sales
Danish brewer Carlsberg cut its annual profit guidance and said economic uncertainty in Russia, could prompt it to close some breweries.
20 August 2014
Hollande faces host of headaches on return from holiday
President Francois Hollande faces a mountain of problems when French political life restarts after the long summer holidays.
19 August 2014
Mercedes-Benz accused of 'price-fixing': China media
China has accused Mercedes-Benz of price-fixing, state media reported, amid an anti-monopoly investigation into foreign carmakers.
18 August 2014
Coke buys $2.15 billion stake in Monster
Coca-Cola announced it will pay $2.15 billion for a 16.7 percent stake in Monster Beverage.
15 August 2014
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