Europe
German’s Deutsche Bank to cut about 7,000 jobs globally
German's Deutsche Bank has announced it is to cut at least 7,000 jobs. The commercial, investment and retail banking giant…
IMF keeps Russia’s 2018 economic growth forecast at 1.7% as Putin set to meet Lagarde
The International Monetary Fund kept its forecast for Russian economic growth this year steady at 1.7 percent despite Western sanctions…
EU economies hit by collapse in investment, data reveals
Most European Union (EU) countries have been hit by a collapse in investment in past decade, Eurostat, the EU’s statistical…
EU proposes to spend more post-Brexit budget, but triggers battles
By Chukwuemeka Obioma The European Union has proposed a bigger new multi-year budget that will trigger battles among member states…
Euro zone economy expands 0.4% in Q1 2018, slower than previous quarter, year-on-year
Euro zone economic growth slowed as expected at the start of 2018, although economists said temporary factors were partly behind…
Tech Giants to face 3% tax on revenue under new EU plan
Large digital companies operating in the European Union, such as Alphabet Inc. or Twitter Inc., could face a 3 percent…
