Business news

starwood-hotels-ceo-resigns

Starwood Hotels CEO resigns

Starwood Hotels' CEO won't be lodging in the corner office any more. Frits van Paasschen suddenly resigned by mutual agreement after more than seven years as chief executive. Replacing him as interim Feb 17, 2015
european-car-sales-turn-a-corner

European car sales turn a corner

European car sales have shifted up a gear. New vehicle sales rose robustly by 6.2 percent in January. JP Morgan's Kerry Craig thinks pent-up demand is in play. (SOUNDBITE) (English): JP MORGAN, Feb 17, 2015
will-greece-bend-under-eu-pressure

Will Greece bend under EU pressure?

The ball is back in your court. That was the message to Greece after Athens rejected a six-month extension of its bailout package. Eurogroup chief Jeroen Dijsselbloem. (SOUNDBITE) (English) Feb 17, 2015
imf-vets-egypt-economy

IMF vets Egypt economy

Egypt's suffered four years of turmoil. The uprising that toppled Hosni Mubarak and the subsequent upheavals hitting the country hard, putting off investors and tourists - and slashing growth. Time Feb 17, 2015
oscar-nominees-fuel-chinese-movie-piracy

Oscar nominees fuel Chinese movie piracy

PLEASE NOTE: EDIT CONTAINS MATERIAL THAT WAS ORIGINALLY 4:3 Academy Award-nominated films flooding the market in China - top-quality bootleg versions, that is. It's Oscar season again. China has Feb 17, 2015
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Hong Kong's Peak is home to some of the world's most coveted real estate, and a new sale has brought the city's gravity-defying residential prices into focus. (SOUNDBITE) (English) REUTERS REPORTER, Feb 17, 2015
greek-debt-talks-break-down

Greek debt talks break down

No-one was expecting an early breakthrough. But the collapse of talks in Brussels with euro zone finance ministers so soon after they started disappointed even the more pessimistic. The EU had Feb 17, 2015
cyber-gang-hitting-banks-for-big-bucks

Cyber gang hitting banks for big bucks

You won't be able to see it, but in the dark corners of the internet, hundreds of millions of dollars are being stolen from banks all over the world. Cybercriminals in Russia, Ukraine and China are Feb 16, 2015
oil-price-boost-for-uk-economy

Oil price boost for UK economy

Jaguar Land Rover is a British success story. A perfect place for a campaigning politician to promote his economic plan. Labour leader Ed Miliband wants to tackle tax avoidance and create more Feb 16, 2015
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