recession

Venezuela takes over plants left by U.S. firm Clorox

Venezuela announced on Friday the "temporary" takeover of two plants belonging to U.S. cleaning products maker Clorox Co which has left the country because of difficult economic conditions.

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Relief over Scotland gives way to 'Great Stagnation' worries

Scotland's rejection of independence and a lack of any fireworks at a Fed meeting last week have calmed investors enough to shift the focus back to what some call the "Great Stagnation", and how to avoid it.

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JBS delays $1.7 billion food unit IPO amid market slide, sources say

JBS SA, the world's largest meatpacker, has put off a plan to raise 4 billion reais ($1.7 billion) from the initial public offering of its pork, poultry and food-processing operations in Brazil, two sources with direct knowledge of the decision said.

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Russia needs government investment to avoid recession, says former finance minister

Russia risks slipping into recession because the government is not investing enough in the economy to weather Western sanctions, former finance minister Alexei Kudrin said on Tuesday, criticizing the strategy so far.

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Tesco seeks ingredient to be Britain's best-loved grocer again

Standing with bags of groceries outside discount store Lidl in Thetford, eastern England, Jodie McGloughlin explains simply why she turned her back on Britain's biggest retailer - its high prices.

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Greek PM announces cuts to crisis-era taxes

Greek Prime Minister Antonis Samaras announced cuts on Saturday to unpopular taxes introduced at the height of Greece's debt crisis, in a bid to show that over four years of austerity are finally nearing an end.

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Aging population results in less effective monetary policy- column

Reuters columnist Allison Schrager said one of the reasons why the US Federal Reserve did not manage the recession as well as it should is the nation's aging population.

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Greek PM says economic pain will ease next year

Greek Prime Minister announced on Saturday that the country would return to growth next year as its would exit recession.

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Athens economy continues to falter at 4.6% in second quarter

Greece's economic growth rates continues to slow down despite bailouts.

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Spain's unemployment rate falls, the first time in two years

For the first time since 2011, the Spanish unemployment rate fell.

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Euro zone posts 1.6% gain during recession, close to target 2%-ECB

The 17 nations in Euro zone suffered from recession. Unemployment was high but inflation rate remains up.

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Ireland's recovery slower that expected

Ireland's economy is still in recession as the end of bailout approaches.

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Bankia on Road to Recovery

Bankia's bad history now a thing of the past.

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Capitalization Boost Expected with CDS books sale

Banks are now cleaning the vestiges of the 2008 market crash by dumping CDS instruments.

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