Output will grow by 2.3% next year instead of the 2.6% previously projected, the economy ministry said, citing the impact of the political standoff in Catalonia, which accounts for a fifth of Spain’s gross domestic product, and the related struggle to approve a budget.
Wed, 18 Oct, 2017
Shares in beauty group L’Oreal surged the most in seven years on speculation that the death of the founding family’s matriarch, Liliane Bettencourt, could clear up the cosmetics maker’s ownership through a takeover or a buyback.
Sat, 23 Sep, 2017
The boss of HSBC has said the bank is on course to move 1,000 jobs from its London business to Paris after British Prime Minister Theresa May confirmed Britain will scrap its single market membership after Brexit.
Wed, 18 Jan, 2017
Wed, 18 Jan, 2017
Wed, 28 Sep, 2016
Deutsche Bank’s shares and its riskiest bonds dropped the most since the Brexit vote yesterday after the lender said the US Justice Department is seeking $14bn (€12.55bn) to settle a probe tied to mortgage-backed securities, more money than the bank is willing to pay.
Sat, 17 Sep, 2016
A UK vote in favour of leaving the EU would be the most significant geopolitical event for the Continent since the end of World War II and could prompt Morgan Stanley to move its local headquarters to Dublin or Frankfurt from London, according to the bank’s president Colm Kelleher.
Thu, 23 Jun, 2016
Ryanair is battling lower fares in the first months of its financial year, weighed down by French air-traffic controller strikes and by travellers’ concerns about a future terrorist incident following last month’s bombings in Brussels.
Wed, 20 Apr, 2016
Christine Lagarde has picked up nominations from across Europe for a second term as leader of the International Monetary Fund (IMF) as part of a selection process that member nations intend to complete by early March.
Fri, 22 Jan, 2016
Sterling advanced yesterday approaching its strongest level in three weeks against the euro, after Bank of England policymakers said China’s slowdown hasn’t shaken their conviction that the time for the first UK interest-rate increase since 2007 is coming nearer.
Fri, 11 Sep, 2015
US billionaire Wilbur Ross, who made a €500m profit buying shares in Bank of Ireland at the height of the country’s financial crisis, has ruled out investing in Permanent TSB, the only Irish lender to fail European stress tests last month.
Wed, 19 Nov, 2014