Business

EU probe into distribution practices of clothing group Guess

Guess designs, distributes and licenses clothing and accessories
Bank of Portugal

Bank of Portugal slams EU ‘interference’ in financial sector

The governor of the Bank of Portugal has called the measures that the European Commission has taken.

Greek economy begins to show signs of recovery

Greece's economy expanded in the first three months of 2017, upwardly revising a previous flash estimate in May that showed a 0.1 percent quarterly contraction.
moody's fined

EU watchdog fines rating agency Moody’s

Moody's is one of the "Big Three" agencies that dominate the issuance of ratings globally, along with S&P Global and Fitch Ratings.
opec cuts

OPEC agrees to extend oil supply cut for one more year

The world’s largest oil producers have agreed to hold back oil production for another nine months in a bid to lift sluggish prices.

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