GLOBAL

Fear spreads easily. That's what gives the Wuhan coronavirus economic impact

One way to count the cost of the Wuhan coronavirus is by how many people catch it, and then how many die. Another is the direct financial costs of public health measures to treat those infected and contain its spread...

By Ilan Noy 30 Jan 2020

GLOBAL

How CEOs, experts and philosophers see the world's biggest risks differently

We live in a world threatened by numerous existential risks that no country or organisation can resolve alone, such as climate change, extreme weather and the coronavirus...

By Christopher Michaelson 28 Jan 2020

GLOBAL

Coronavirus does not look like a 'black swan' event - here are some reasons to be cautiously optimistic

The alarm is sounding again. The Asia financial markets were reasonably calm about the new coronavirus until the news of the lockdown of the whole city of Wuhan in China on 23 January...

By Zheng Wang 27 Jan 2020

GLOBAL

#BFGlobal500: Amazon breaks $200bn mark, still world's most valuable brand

Amazon makes history as the first brand in Brand Finance Global 500 ranking to exceed $200bn value mark and retains title of world's most valuable brand for the third consecutive year...

22 Jan 2020

GLOBAL

US is more relaxed about oil spike than Europe - which helps explain differences over Iran

Oil prices shot up following the US assassination of Iranian general Qassem Soleimani, rising more than $5 per barrel to more than $71 (£54) on January 6, its highest level since the Saudi oil refinery attack last September...

By Mueid Al Raee 15 Jan 2020

GLOBAL

Facebook's Libra has staggering potential - state control of money could end

The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like Bitcoin in this way, even if communities of enthusiasts have been treating them as a means of exchange for over a decade now...

By Gavin Brown 27 Jun 2019

SOUTH AFRICA

Female millennials are the most confident and ambitious of any female generation

New PwC survey dispels myths about women and work...

5 Mar 2015

ITALY

Telecom Italia makes €543m but economic crisis continues

MILAN, ITALY: Telecom Italia reported a first-half net profit of €543m but said a weak domestic market was offsetting positive results from its Brazilian business.

7 Aug 2014

ITALY

Etihad buys 49% of Alitalia

MILAN, ITALY: Emirates airline Etihad Airways is to buy 49% of Alitalia, the two companies said after concluding months of tough negotiations, following years of financial crises at the Italian airline.

26 Jun 2014

ITALY

Fiat changes name, disappoints with profits

MILAN, ITALY: Italian car company Fiat announced on Wednesday (29 January) it was changing its name to Fiat Chrysler Automobiles (FCA) after completing the purchase of US car manufacturer in a move that Fiat chairman John Elkann said "heralded a new chapter".

30 Jan 2014

ITALY

Fiat shares surge on Chrysler merger

ROME, ITALY: Shares in Italian car giant Fiat rose sharply after it announced it would take full control of Chrysler in an historic US$3.65bn deal.

3 Jan 2014

ITALY

Versace in search of minority shareholder

MILAN, ITALY: Versace is seeking a minority investor and a spokesman at the Italian fashion house says about €250m could be pumped into the luxury brand if the right investor is found.

19 Sep 2013

ITALY

Prada net profits rise 7.6% to €308m

MILAN, ITALY: Italy's luxury fashion brand Prada said on Tuesday (17 September) that its net profit rose by 7.6% in the first half of its fiscal year to €308.2 m and expressed confidence for the future despite an uncertain international economic outlook.

18 Sep 2013

ITALY

Fiat profits sharply up but shares fall

MILAN, ITALY: Italian car company Fiat reported a huge increase in second-quarter profits on Tuesday (30 July) but its share price fell sharply after US partner Chrysler revised down its 2013 financial targets

31 Jul 2013

ITALY

Women prisoners launch fashion label

ROME, ITALY: Women's prison workshops across Italy are joining up under a new commercial fashion brand they hope will help encourage more detainees to learn the trade and give them hope for a future on the outside.

6 Jun 2013

ITALY

Invest in good food, not junk says FAO

ROME, ITALY: The UN's food agency on Tuesday (4 June) said obesity and poor nutrition weigh heavily on the global economy and told governments that investing in food health would bring big economic as well as social returns.

5 Jun 2013

ITALY

Italian group buys stake in Aston Martin

ROME, ITALY: Italian private equity fund Investindustrial has bought a 37.5% stake in British car manufacturer Aston Martin for £150m, the companies said in a joint statement on Friday (7 December).

10 Dec 2012

ITALY

Italian tax agency takes to YouTube in anti-evasion drive

ROME, ITALY: Italy's tax agency on Monday launched its own channel on YouTube to tell Italians how to pay their taxes, as the government pursues a sweeping crackdown against evasion aimed at boosting public finances.

2 Oct 2012

GERMANY

Escalating crisis having an impact on Europe

NUREMBERG, GERMANY: Faced with the ongoing debate about a Greek bailout and the worsening debt crisis in France and Italy, European consumers are noticeably unsettled once again.

25 Oct 2011

UNITED STATES

Hope for full global economic recovery in 2010 diminishes

NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index.

27 Oct 2010



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