European Central Bank official: Stimulus needs help from governments
Thursday, 12 February 2015, 10:48
Last update: about 10 years ago
Associated Press
A top European Central Bank official says the bank's new 1.1 trillion euro ($1.2 trillion) monetary stimulus could "fall on barren ground" if governments do not cut red tape and excessive...
American shoppers unlikely to see benefit from euro's drop
Thursday, 22 January 2015, 21:36
Last update: about 10 years ago
Associated Press
Americans hoping to save on European goods thanks to a falling euro shouldn't rush to uncork that bottle of French Bordeaux. There's very little to celebrate. Not since August 2003 has the euro...
IMF cuts growth forecasts, citing sluggish European Union, Japan, BRICS
Tuesday, 20 January 2015, 06:36
Last update: about 10 years ago
Associated Press
The International Monetary Fund lowered its forecasts for global growth over the next two years, warning Tuesday that weakness in most major economies will trump gains from lower oil prices. The IMF's...
For Coke and Pepsi, smaller sodas could end up paying more
Sunday, 18 January 2015, 14:46
Last update: about 10 years ago
Associated Press
After watching Americans suck down Big Gulps for decades, Coke and Pepsi are realizing less could be more. As people cut back on soda, the two beverage giants are pushing smaller cans and bottles...
Price of oil closes below $60, first time since July 2009
Thursday, 11 December 2014, 21:20
Last update: about 10 years ago
Associated Press
The price of oil fell below $60 for the first time since July 2009 on Thursday and ended trading in New York at $59.95. Benchmark U.S. crude oil dropped 99 cents, or 1.6 percent. Oil has fallen...
Still standing in the EU corner
Thursday, 11 December 2014, 10:29
Last update: about 10 years ago
Along with other EU Member States especially members of the Eurogroup, Malta now finds itself living in a completely different dimension with regards to public finances. The events of the past...
Does bad behaviour really hurt business?
Monday, 24 November 2014, 08:38
Last update: about 10 years ago
Associated Press
Silicon Valley seems to have more than its share of companies behaving badly. Among up-and-comers in the tech world, privacy abuses and executive gaffes have become viral sensations. But is all that...
European Central Bank head Mario Draghi willing to step up stimulus
Friday, 21 November 2014, 10:32
Last update: about 10 years ago
Associated Press
European Central Bank head Mario Draghi says the chief monetary authority for the eurozone is willing to "step up the pressure" and broaden its efforts to stimulate the struggling economy. Draghi...