Economy of the European Union
Global Markets Split Amid Corporate Earnings
Wall Street and major European stocks ended in mixed territory on Monday amid a busy weak of US corporate earnings....
IMF Says Global Recovery On Firmer Footing
The global economic recovery is on firmer footing as improving growth in China, Europe and Japan offset downward...
European Stocks Slump On Higher Euro; Nasdaq Streak Ends
European stock markets ended the week down as the euro extended its gains on Friday after the European Central Bank...
Euro Gets Boost From ECB’s Draghi; Nasdaq Ekes Out Record
The euro rose Thursday after European Central Bank chief Mario Draghi's comments bolstered the single currency even as...
Global Stocks Pressured By Trump Health Care Reform Setback
Global stock markets were pressured Tuesday by worries about President Donald Trump's agenda after a proposed health...
Asian Markets Rally With Wall St As Yellen Sparks Buying Spree
Asian markets surged on Thursday, extending a global rally that saw another record on Wall Street after the head of the...
US, European Stocks Tumble; Euro Hits 13-Month High
US and European stocks tumbled Thursday amid unease over hawkish commentary from central banks, while the euro rose to...
Euro Hits Year-High Against Dollar; US Stocks Bounce
The euro extended its run higher against the dollar Wednesday, hitting a one-year high, while tech and bank stocks...
Euro Advances After French Vote; US Tech Shares Tumble Again
French election results favoring President Emmanuel Macron's party boosted the euro but hit European equities Monday,...
British Pound Tumbles After UK Vote; Tech Sell-Off Hits Nasdaq
The pound plunged Friday as the surprise election setback to Prime Minister Theresa May injected uncertainty into...
South Africa In Recession As Economy Shrinks 0.7% In Q1
South Africa's economy contracted in the first quarter of this year, pushing the continent's largest economy into its...
Egyptians Brace For Austere Ramadan After Reforms
Ramadan is a time for daytime fasting and lavish evening feasts, but Egyptians are scaling back preparations for the...
France’s Macron Calls For ‘historic Reconstruction’ of Europe
France's new President, Emmanuel Macron, has called for a "historic reconstruction" of Europe, saying it is "the only...
Fitch Lauds Progress In the Ghanaian Economy
Ratings agency Fitch has lauded government’s efforts in getting the economy back on track after a recent ‘crisis’...
Fitch Upgrades Ghana’s Economic Outlook From Negative To Stable
International ratings agency Fitch has revised the outlook on Ghana’s long-term foreign and local currency Issuer...
German Economic Growth Speeds Up
Higher consumer spending has helped to boost growth in the economy Germany's economy grew strongly in the first three...
Most Asian Markets Retreat After Upbeat Week
Most Asian markets turned lower Friday following a healthy run-up in the week, tracking a sell-off on Wall Street where...
Spending Squeeze To Worsen, Warns Bank
Bank of England governor Mark Carney has warned of a consumer spending squeeze this year as inflation rises and real...
Euro Steady After Macron Wins French Presidency
The euro hit a six-month dollar high before falling back as markets reacted to Emmanuel Macron's victory in France's...