Business

Credit rating agencies prepare to downgrade Britain

The three biggest firms - Fitch, Moody's and S&P Global - all have a negative outlook on their respective ratings for Britain.
PricewaterhouseCoopers KPMG E&Y and Deloitte

EU sanctions for accountants helping to dodge tax

The move is part of a set of measures adopted by the European Union after last year's Panama Papers and other revelations of widespread tax avoidance by wealthy individuals and big firms

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.

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