Sunday 26 October 2014
 
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Recession

Growth worries grip world's stock, oil markets

European stock markets fell for a second day on Wednesday, pushing world share indices back towards their lowest in six months as concern mounts over global economic growth. New York markets were set to open flat to higher and cur

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Global officials to warn of economic risk

Finance and development ministers from around the world next week will warn of considerable downside risks to the global economy, and call for an effort to protect the world's poor, a report said. With Europe flirting with def

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Oil demand 'will rise quickly as growth picks up'

Global oil demand will increase more quickly this year as economic growth accelerates, outstripping supply even as shale oil production in the US reaches record highs, the West's energy watchdog said on Tuesday. The Internatio

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Thrifty spending habits persist even as economy lifts

Consumers are sticking to frugal shopping habits developed in the recession even as developed economies show signs of recovery, suggesting some behaviour changes could be permanent, industry executives say. With household budgets

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Exports, spending pull euro zone out of recession

A bounce in exports and spending pulled the euro zone out of recession in the second quarter of 2013, data shows, in the first signs of recovery after the bloc's longest slump. Stronger-than-expected growth from Germany to Por

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Egypt business activity contracts for tenth month

Political turmoil pushed Egypt deeper into recession in August, with growth in non-oil private business activity falling for a tenth straight month and both output and new orders down, a survey showed on Tuesday. The seasonally ad

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One swallow doesn't make a summer for Euro Zone

The cheery freeze frame of the euro zone economy last quarter is no guarantee of a happy ending to what has been a horror movie for most of the single currency bloc since the onset of the great financial crisis.  

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Germany, France pull euro zone out of recession

The German and French economies grew faster than the United States in the second quarter, pulling the euro zone out of its longest recession. Growth in the 17-country bloc was 0.3 percent from the previous quarter, with its two bi

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Europe's factories grow, China's stabilise

Europe's factories delivered more signs last month the region is gradually leaving recession behind, according to business surveys that also eased immediate fears over the health of China's economy.   Thu

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Japan's problem of plenty: How to spend $100bn?

  What do you buy the nation that already seems to have everything? That is the question facing Japanese Prime Minister Shinzo Abe as he aims to spend more than $100 billion on infrastructure in the next 15 months to help revive

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