-
Oil prices jump as biggest producers plan to extend output cuts
Oil prices jumped over three percent on Monday after Saudi Arabia and Russia agreed to extend output cuts. The world’s two largest producers said they will continue to pump less...
-
Eurozone business activity at a six-year high
There has been more positive news on the eurozone’s economic recovery as we learned that the region’s businesses are racing ahead. Manufacturing and services companies said they increased activity at...
-
ECB boss Draghi squashes rate rise speculation
The European central bank’s boss Mario Draghi has moved to end speculation about monetary policy and an impending ECB interest rate cut. Analysts have been increasingly forecasting rate cuts this...
-
Car industry looks beyond mergers at the Geneva motor show
As auto industry leaders gather for the 2017 Geneva motor show, the focus is once again on the future of carmaking. This week’s headline is of PSA Peugeot Citroen’s purchase...
-
Eurozone economic growth revised down for end of 2016
Eurozone economic growth in the final three months of last year was not as good as initially thought. The statisticians at Eurostat previously estimated GDP expanded by 0.5 percent quarter-on-quarter,...
-
Samsung coy about Galaxy Note 8 at the Consumer Electronics Show
The annual International Consumer Electronics Show is underway showcasing the latest high-tech developments, some of which will be the future’s indispensables while others will disappear into the dustbin of history....
-
US GDP estimate for Q3 revised up further, to 3.5 percent
The US economy is even more buoyant than initially thought, according to the latest official figures for the third quarter (Q3) of this year. The US commerce department reported on...
-
Austria’s economy looks confident despite political division
Economically speaking the EU’s fourth richest country may seem to have little to complain about. Recent history has seen Austria benefit more than most from the fall of the Berlin...
-
Draghi sees green shots of recovery across eurozone
The eurozone is recovering at a “moderate to steady pace and unemployment is falling” according to the European Central Bank’s president. Mario Draghi’s verdict came at the European Parliament in...
-
Serbia: becoming a tourist hot spot among the Balkan nations
At the World Travel Market 2016 in London, the leading event for the global travel industry, euronews spoke to Marija Labovic, CEO at the National Tourism Organization of Serbia, about...