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EU’s Dombrovskis says Greek pension payout ‘complicated’ review talks

December 18, 2016 by · Leave a Comment 

Greece's decision to give pensioners a one-off bonus has delayed the conclusion of its second bailout review but an agreement can still be reached in the coming months, EU Commission Vice-President Valdis Dombrovskis was quoted as saying on Saturday. Greece angered its lenders this month by announcing it would spend about 600 million euros on a Christmas…

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EU’s Dombrovskis says Greek pension payout ‘complicated’ review talks

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Hilton’s value could rise by 25 percent on breakup: Barron’s

October 30, 2016 by · Leave a Comment 

NEW YORK (Reuters) – Shares of Hotel operator Hilton Worldwide Holdings Inc could increase by at least 25 percent on its planned split into three companies, Barron's reported on Sunday.

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Hilton’s value could rise by 25 percent on breakup: Barron’s

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Non-OPEC yet to pledge concrete oil output steps after meeting OPEC

October 30, 2016 by · Leave a Comment 

Non-OPEC producers made no specific commitment on Saturday to join the Organisation of the Petroleum Exporting Countries in limiting oil output levels to prop up prices – a stance that suggested they wanted OPEC to solve its differences first. Officials and experts from OPEC countries and non-OPEC nations including Azerbaijan, Brazil, Kazakhstan, Mexico, Oman and …

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Non-OPEC yet to pledge concrete oil output steps after meeting OPEC

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EU, U.S. trade deal not dead yet: EU’s Malmstrom

October 30, 2016 by · Leave a Comment 

By Robert-Jan Bartunek BRUSSELS (Reuters) – A much-debated trade deal between the European Union and the United States is not dead and negotiations will continue with the new U.S. administration after November's elections, EU Trade Commissioner Cecilia Malmstrom said on Saturday. Paul Magnette, the premier of Belgium's region of Wallonia who led opposition to the Canadian trade deal, told his parliament on Friday that with the

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EU, U.S. trade deal not dead yet: EU’s Malmstrom

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After Apple, EU may focus on companies closer to home

August 31, 2016 by · Leave a Comment 

Multinational companies can expect the European Commission to press on with a crack down on sweetheart tax deals after handing Apple a breathtaking demand for 13 billion euros, officials and experts said on Wednesday. The order to the iPhone maker to pay back taxes to Ireland on the grounds that Dublin illegally favored Apple with a tax regime that amounted to a competition-distorting

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After Apple, EU may focus on companies closer to home

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Ever so slowly, the euro zone economy awakes

January 11, 2016 by · Leave a Comment 

Very slowly – and primarily because of massive stimulus from the European Central Bank – the euro zone is showing signs of recovery. Lower commodity prices will help too, whatever the concerns about deflation.

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Ever so slowly, the euro zone economy awakes