Greek PM rejects ‘absurd’ proposal from creditors
Greek Prime Minister Alexis Tsipras said on Friday his government rejects an “absurd” and “unrealistic” proposal from creditors.
S&P raises Ireland’s rating for 3rd time in a year
S&P raised Ireland’s credit rating, rewarding it for cutting its debt pile and budget deficit faster than expected.
Is digital the key to get Africa off the ground?
Is commodities the answer to Africa’s economic growth —or should countries intensify efforts to diversify?
Russia isolation deepens, shuns German olive branch
Russia’s relations with it global counterparts have sunk to new lows as Moscow appears to have refused an olive branch from Germany.
Greece worries cause FTSE 100 fall
London’s FTSE 100 index of leading shares falls 0.8% to end the day at 6,804.60 – but the fall is not as severe as those in the French and German markets.
S&P upgrades Ireland’s rating to A+
Bill O’Neill, head of the U.K. investment office at UBS Wealth Management, discusses how Ireland’s economy has improved.
US economy adds 280,000 jobs in May
The US economy adds 280,000 jobs in May, much better than analysts had expected and the biggest increase this year.
More Tata Steel staff vote to strike
Tata Steel workers belonging to the Unite union vote to go on strike in protest at the closure of the British Steel pension scheme.
Strong jobs report says rate hikes are coming
May’s strong 280,000 jobs gain reaffirmed market expectations that September may be the month when the Fed raises interest rates.
India regulator bans Maggi noodles
India’s food safety regulator says tests have found that Nestle India’s Maggi instant noodle products are “unsafe and hazardous”.