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USA

Eight years on - the collapse of Lehman Brothers

US investment bank Lehman Brothers collapsed on September 15, 2008, sparking the the global financial crisis, the effects of which the world is still feeling.

Business Series

New chief executive faces huge task to rescue Italian bank Monte dei Paschi

New chief executive Marco Morelli has taken over at struggling Italian bank Monte dei Paschi di Siena which has to raise five billion euros to survive.

France

IMF Chief Christine Lagarde loses appeal, ordered to stand trial for negligence

International Monetary Fund chief Christine Lagarde is to stand trial from December 12 for her role in a 400-million-euro payout when she was France’s Economy…

Business Series

Monte dei Paschi bank 'about to fall out of top share listing'

Italian bank Monte dei Paschi di Siena is reportedly about to be removed from the STOXX Europe 600 index - a listing of the region's top shares.

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Economy

ECB's Draghi promises more eurozone stimulus if needed because of Brexit

European Central Bank head Mario Draghi says the eurozone economy could be given further stimulus if the Brexit vote starts to have a negative impact.

Economy

Bank of England surprises investors with no change to UK interest rates

The Bank of England has left the cost of borrowing unchanged in Britain - for now - which pushed down share prices in London and boosted the pound against the dollar and the euro.

Economy

Bank of England surprises by keeping interest rates unchanged

Keeping their powder dry the Bank of England's policymakers have left the cost of borrowing unchanged in Britain - for now.

Economy

France moves to lure London bankers post-Brexit

France has stepped up its efforts to grab some of the London banking business that could be displaced by Britain's decision to leave the European Union.

Business Series

Smartphones set to take Samsung to profit rebound

Samsung is set for its best quarterly profit in more than two years thanks to robust sales of its flagship Galaxy S7 smartphones.

Economy

Bank of England eases rules for banks to encourage lending and meet Brexit challenge

Britain's central bank has announced further measures to protect from the effects of Brexit including lowering the amount of money that banks have to keep in reserve so more cash will be loaned out.

United Kingdom

British, US and European bond yields tumble on the prospect of lower interest rates

British, US and European bond yields have fallen, in some cases to record lows, on the prospect of lower interest rates and other stimulus to counter the effects of the Brexit.

Economy

Standard & Poor's strips UK of AAA credit rating

Britain's economic standing has suffered a further blow with the ratings agency Standard & Poor's stripping the UK of its last remaining AAA credit rating.

United Kingdom

Britain's European Commissioner Jonathan Hill resigns after Brexit vote

Britain’s representative on the EU’s executive body, the Commission, is resigning following the referendum vote for Brexit.

United Kingdom

Bank of England poised to stem Brexit shockwaves

The Bank of England Governor Mark Carney has said its ready to intervene and provide additional help to prop up financial markets.

Europe News

EU economic commissioner: "We need reforms capable of reconciling Europeans with Europe"

Euronews spoke to the EU Commissioner for Economic and Financial Affairs, Pierre Moscovici, at the Brussels Economic Forum

Economy

Standard and Poor's interest rate warning

Standard and Poor's has warned that as borrowing costs go up some countries could see their credit ratings cut or outlooks lowered, with the most pronounced problem in the eurozone.

Switzerland

Swiss vote for money for nothing

The EU says it is pondering a pilot scheme for a bloc-wide basic income for all, and this weekend the Swiss actually get to decide on the idea in one of their referendum votes, the first country to vo

World News

All you need to know about the Universal Basic Income

Switzerland will become the first country to hold a national vote on whether to introduce a Universal Basic Income (UBI).

Economy

Another US interest rate hint from the Federal Reserve

One of the top policymakers at the US central bank is dropping strong hints about the cost of borrowing going back up there.

Economy

Eurozone ministers agree "breakthrough" deal with Greece

Eurozone finance ministers have agreed to offer Greece debt relief in 2018.