european-central

UK lawmakers say Facebook may have broken tax rules

By Tom Bergin LONDON (Reuters) – Facebook said it would ditch a corporate structure that helps minimize its UK tax bill, prompting lawmakers and campaigners to ask whether the arrangement had ever complied with UK tax rules. Facebook said on Friday it would stop booking sales…

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UK lawmakers say Facebook may have broken tax rules

european-central

ECB rate meeting, Chinese data in focus

By Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank is almost certain to ease policy next week as depressed commodity prices raise the risk of deflation, while a string of data from China will offer clues about the extent of the recent emerging market slowdown. Growth in most key economies has slowed this year as states such as China to Brazil attempt to rebalance, weighing on global demand and sending deflationary waves around the…

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ECB rate meeting, Chinese data in focus

european-central

How the oil collapse stole Russia’s Christmas

LONDON/MOSCOW (Reuters) – A plunge in the oil price to 12-year lows during Russia's New Year and Orthodox Christmas break means the country returns to work on Monday with its economic recovery and once-mighty savings war chest on the line. Crude's collapse from $100 a barrel since mid-2014 has already pummeled Russia, which relies

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How the oil collapse stole Russia’s Christmas

european-central

GM Europe operations still loss-making in 2015: CEO in magazine

The European division of General Motors was still loss-making in 2015, but hopes to return to profit this year, the division's chief executive told a German magazine. General Motors

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GM Europe operations still loss-making in 2015: CEO in magazine

european-central

Ever so slowly, the euro zone economy awakes

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