Result Page 105 for Latest Economy News & Archive

Standard & Poor's downgrades four major Greek banks as debt crisis continues

Alpha Bank, Eurobank Ergasias, National Bank of Greece and Piraeus Bank in 'selective default'.

Canadian dollar falls to 3-week low on disappointing GDP data

Negative US data failed to arrest loonie's slide.

Syriza is out of its depth and Greece's financial sector is utterly disappointed

As Greek teeters on the brink of default, a Greek businessman offers his view on the turmoil.

Edmund Shing: Time to get bullish as the Chinese investment market bottoms out

Chinese-focused investment trusts on sale at a big discount

More news

Greece debt crisis: Crunch meeting scheduled as Greeks table new proposal

The country is expected to miss an IMF debt payment, setting it on course to exit the Eurozone.

EU referendum: Business secretary Sajid Javid blasts CBI over 'poor poker face'

The top minister urged the business body to support David Cameron's renegotiation with Brussels.

HSBC and Lloyds to question Vickers Commission's ring-fencing of retail banks

Giving evidence will be Sir John Vickers, HSBC chair Jonathan Symonds, and George Culmer, CFO Lloyds Banking Group.

Geneva hotels rated most expensive to dine in; London ranks fifth costliest for full-day meal

Geneva has emerged as the priciest city to eat in hotels, with a club sandwich costing $30.59 and a full-day meal $86.71.

Pound off high despite positive GfK data as focus remains on Greece

GfK consumer confidence at 15-year high

UK consumer confidence rises to levels not seen since 'late nineties or early noughties'

GfK/KPMG consumer confidence index rises 6 points to 7 in June.

India in talks with lawyers to open up legal services sector to foreigners

The litigation arena will however remain closed to foreign competition.

Puerto Rico: Governor Alejandro García Padilla says $72b debts cannot be paid

'This is not politics, this is math.'

Greece Debt Crisis: Alexis Tsipras 'won't implement austerity if Greeks vote Yes in referendum'

Euro partners have made it clear: No deal means a Grexit.

Market round-up: TUI and IAG battered as tourists ponder travel in wake of Tunisia beach attack

Share prices in travel companies fall on Tunisia attack while Greece saga continues to weigh.

Greece crisis: 'Even Palestinians feel sorry for us'

Greeks drawing cash out of ATMs as eurozone exit looms after creditor talks fail again.

Tunisia beach attack: Tourism industry to face tough times

The attack in Sousse is expected to impact the industry even more than the Bardo attack in March.

William Keegan: Greek crisis risks geopolitical rift bigger than its debt

The whole point of the European Union and the eurozone was to bring Europeans together!

Greek crisis: Capital flight has been on the rise since Syriza took power

Capital flows from Greece's banks have been running high since left-wing anti-austerity party Syriza took power.

Greek crisis: What the experts are saying

Five experts offer their opinion on how the drama may unfold over the coming weeks

UK fracking: Lancashire county council rejects Little Plumpton Cuadrilla project

Environment protesters welcomed the rejection of the project, although planning officers recommended it be accepted.

Greek crisis: Banks at risk of insolvency, country on brink of Grexit and make or break for Tspiras

After months of negotiations, the Greek people will decide what course the country takes.

Greek debt crisis: Uncertainty and closed banks cause markets worldwide to fall

The FTSE 100 dropped 2.9% and Germany's Dax fell 3.8% while the Euro fell below its $1.1 mark.

Grexit crisis: Greeks queue by cash machines through night as government imposes capital controls

Cash machines limited to €60 withdrawals as government-enforced bank closures hit nation.

AIIB: China takes 30% stake as 50 members sign articles of agreement

China will contribute $29.78bn of the bank's $100bn capital base, becoming the largest shareholder with a 30.34% stake.

Greek debt crisis: Banks to remain closed until bailout referendum

Prime Minister Alexis Tsipras imposes capital control amid fears Greece may default on IMF loan.

New York Fed chief: September rate hike highly likely amid better data

William Dudley cites wage gains, improving incomes, and growing household spending among reasons for rate hike.

Greek debt crisis: European Central Bank 'to maintain funding limit' at current level

ECB refuses to increase emergency credit to Greek banks, but has agreed to keep them at current levels.

Greek debt crisis: ECB 'to end' bank emergency lending

European Central Bank is expected to end emergency lending to Greece's banks on Sunday (28 June), according to the BBC.

A teller counts euro banknotes inside a National Bank of Greece branch in Athens

Markets face turbulent week as Greece calls for referendum, China cuts rates

Euro is back near multi-year low versus pound and at three-week lows vs Canadian dollar and Swiss franc

Raghuram Rajan: Global economy may be heading towards another Great Depression

Rajan, known for his prediction of the 2008 financial crisis, has been against unconventional monetary policies of US Fed and ECB.

Grexit: Alexis Tsipras announces referendum on bailout deal for 5 July

Greek Prime Minister ' trusts the will of the people'.

Russian economy contracts further, rate cuts predicted

A weakening rouble dampens the outlook for manufacturers who rely on raw material imports.

Alexis Tsipras Angela Merkel Greece Germany

Greek debt crisis: Angela Merkel tells Alexis Tsipras to take 'extraordinarily generous' offer

Ministers to resume talks as debt repayment deadline creeps nearer.

Tesco CEO Dave Lewis making strides in turning the UK's biggest grocer around

Tesco reported its biggest loss in history in the year to February but figures today show an upbeat picture.

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