German carmaker Opel has announced the planned closure of one of its factories by the end of 2014 after a deal with unions fell through. In February, Opel proposed to keep its Bochum plant in western open
A giant mountain of maturing cheddar cheese is to be used as security for a pension fund. Twenty million kilos of Cathedral City cheddar will now back up pension funds of workers at Dairy Crest, one of
http://vod-pro-ww-live.akamaized.net/mps_h264_hi/public/news/business/971000/971269_h264_1500k.mp4?__gda__=1539602233_de75f69b862183bbfa3bd9fde4c14295 The head of the International Monetary Fund (IMF),
Luxembourg has said it will ease the secrecy surrounding its banks. It said it would implement rules on the automatic exchange of bank account information with its European Union partners from 2015. Prime
The eurozone's woes continued on Wednesday after Italian and Spanish industrial production data showed sharp falls, suggesting that the bloc's third and fourth largest economies are still mired in recession.