euronews

Raiffeisen bank CEO resigns over property deals

Fri, 24 May 2013 18:57:56 +0200

The head of Austrian bank Raiffeisen has resigned over a series of personal property deals. Herbert Stepic denied wrongdoing in using front…

Fri, 24 May 2013 18:40:12 +0200

Fri, 24 May 2013 16:18:20 +0200

Ten month on from his "whatever it takes" to save the euro speech, the head of the European Central Bank has told a gathering of bankers in the City…

Fri, 24 May 2013 14:56:01 +0200

Germany only just avoided falling into recession in the first three months of this year. That was thanks to a rise in private consumption which…

Thu, 23 May 2013 18:45:36 +0200

Ford is to shut its two Australian production plants after 90 years of making cars there. It blamed the strength of the Australian dollar, along…

Thu, 23 May 2013 18:05:14 +0200

Thu, 23 May 2013 17:17:57 +0200

The eurozone's downturn has eased slightly, but businesses continue to suffer from a chronic lack of new orders, which should inhibit any meaningful…

Thu, 23 May 2013 17:17:57 +0200

Nissan has issued a recall for more than 840,000 vehicles worldwide. They are the Micra, which is known as the March in some markets, and their Cube…

Thu, 23 May 2013 16:42:05 +0200

Wall Street rejoined the worldwide sell-off of shares on Thursday as soon as the New York stock exchanges opened. US investors had actually been…

Thu, 23 May 2013 15:27:59 +0200

Factory activity in China shrank for the first time in seven months in May. The initial reading of surveys of manufacturers puts the blame on a fall…

Wed, 22 May 2013 19:32:11 +0200

Wed, 22 May 2013 19:00:45 +0200

Monetary stimulus from the US central bank is helping the country's economy recover, but the head of the Federal Reserve Ben Bernanke has said…