Barclays CaixaBank deal worth £633 million pounds agreed
A Barclays CaixaBank deal worth £633m (€800m, $1.050bn) has been agreed for part of the British bank’s Spanish unit, specifically its retail, corporate banking...
German financing conditions excellent
German financing conditions for companies continue to be excellent, says the Ifo Institute in Munich. German firms continue to have easy access to loans.
The...
New EU Russian sanctions ultimatum
You have one week to reverse your course in Ukraine, or there will be new EU Russian sanctions, the European Union told Vladimir Putin....
Canadian Q2 GDP grew 0.8 percent
Canadian Q2 GDP grew by 0.8% (annual rate of 3.1%), after expanding by just 0.2% in Q1, Statistics Canada reported on Friday. It was...
Scottish independence risks
What are the Scottish independence risks? Would the country just survive, fail or prosper? Sir Mike Rake, President of the Confederation of British Industry...
UK GDP forecast upgraded to 3.2%
The UK GDP forecast has been upgraded to 3.2% growth from 3.1% for 2014, and to 2.8% from 2.7% for 2015, according to calculations...
August Eurozone inflation sinks to 0.3 percent
August Eurozone inflation sank to a five-year low of 0.3%, according to Eurostat, fueling concerns that the currency bloc is slipping into a spiral...
Indian economy accelerated in Q1
The Indian economy accelerated in the first quarter (Apr-Jun period) at its fastest pace in two years. Consumer and corporate demand increased as confidence...
Brazilian GDP shrank in Q2 and Q1 2014
In what is becoming the country’s worst year since the 2008 financial crisis, Brazilian GDP shrank by -0.6% in Q2 2014 from the first...
American banking industry improved in Q2 2014
In the second quarter of 2014, the American banking industry continued to improve, says the American Banking Association (ABA), driven by a steep increase...