BUDGET 2015
    Close
    Oil price concerns and comments from Janet Yellen spook markets again

    World markets slump on global economy fears

    15.21 Shares on European stock exchanges fell again today over oil price concerns and after US Federal Reserve boss Janet Yellen raised concerns about the global economy.

    Sweden's Riksbank first moved its key rate into negative territory last February (pic - credit Riksbank)

    Sweden's central bank cuts rates again

    10.17 Sweden's central bank cut its benchmark rate by more than expected today and said it was ready to do more to push up sluggish inflation amid worries about global growth.

    €500 bills account for just 3% of the total number of banknotes in circulation in the euro zone

    ECB to decide soon on fate of €500 banknotes

    14.31 The European Central Bank will take a decision soon on whether to keep printing €500 banknotes, with the arguments for doing so becoming "less and less convincing", a top-ranking official said.

    Pernod Ricard said its first-half group sales reached €4.958 billion

    Pernod Ricard remains cautious on China

    12.29 The situation in China remains challenging for spirits company Pernod Ricard and sales in its second biggest market could fall up to 10% this year, the company said today.

    MoreClose
    FULL NEWS INDEX
    FULL NEWS INDEX
    FULL NEWS INDEX