Russia’s Rosneft wins gas licences in Venezuela

Venezuela has awarded licences to Russian energy giant Rosneft to develop two offshore gas fields. The deal allows its subsidiary,

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Eurozone growth exceeds expectations

The eurozone’s economy grew by 0.6% in the three months to September, above analysts’ expectations, according to EU statistics office

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Eurozone set for fastest growth since 2007, says ECB

The European Central Bank (ECB) has raised its eurozone economic growth forecast for this year to 2.2%, the fastest growth

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VW recalls 1.8 million cars in China

More than 1.8 million Volkswagen cars are being recalled in China because of a faulty fuel pump. China’s consumer watchdog

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Eurozone inflation rate rises to 1.5%

The inflation rate in the eurozone rose to a higher-than-expected 1.5% in August, according to Eurostat, the European Union’s statistics

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Euro rises to 18-month high against dollar

The euro has hit US$1.20 for the first time since January 2015 as the prospect of a US interest rate

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Eurozone economic growth gathering pace

The eurozone notched up growth of 0.6% in the second quarter of the year, official Eurostat figures showed. The figure

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Russia’s Putin orders 755 US diplomatic staff to be cut

Russian President Vladimir Putin has announced that 755 staff must leave US diplomatic missions, in retaliation for new US sanctions

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Eurozone unemployment rate falls to 9.1%

The unemployment rate in the eurozone has fallen to its lowest since February 2009, according to the latest official figures.

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Citigroup Chooses Frankfurt as New European Trading Hub

Citigroup Inc. has chosen Frankfurt as its newest trading hub in the European Union and plans to present that option

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