The latest Economy News: breaking news on the global and UK economy and international investments including audio and video coverage.

Eurozone Employment Falls Most On Record

Employment in the euro area declined at a record pace in the second quarter as the imposition of the coronavirus containment measures dragged the currency bloc into a historic recession, flash estimates from Eurostat revealed Friday. Another report from Eurostat showed that the trade surplus nearly doubled in June from the previous month as the growth in exports far exceeded […]

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From loo rolls to fashion: how to spend your cash more ethically

Even before the coronavirus crisis hit, many of us were starting to think harder about how we spent our money. Now, with incomes squeezed for some and the pandemic putting the spotlight on the most vulnerable sections of society, there is even more cause to consider where your cash is going. Here we look at some simple switches you can […]

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UPDATE 1-South Africa's rand set to end week firmer but stocks drop

(Rewrites, updates prices) JOHANNESBURG, Aug 14 (Reuters) – South Africa’s rand was set to end the week on a firmer footing, even though its recent rally has been slowed by the return of rolling nationwide power cuts and more signs that the domestic economy remains under pressure. At 1515 GMT the rand was 0.26% firmer at 17.3725 per dollar, and […]

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Spotify, Tinder owner support Fortnite’s fight against Apple ban

Tinder owner Match Group and music giant Spotify have made a public display of support for Epic Games, whose mega-popular “Fortnite” was booted from Apple’s App Store and the Google Play Store after it introduced a new payment system that allowed it to circumvent the shops’ steep 30 percent fees. The dating juggernaut, which also owns popular dating apps like […]

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US government wants to distribute coronavirus vaccines for free

Americans likely won’t have to pay for a coronavirus vaccine once researchers have one ready, according to reports. The US government plans to pick up the tab for the hundreds of millions of vaccine doses that pharmaceutical firms are racing to produce, The Wall Street Journal reported. The feds are also reportedly talking with insurance companies to make sure patients […]

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SAS says main owners Sweden and Denmark support tweaked rescue plan

STOCKHOLM, Aug 14 (Reuters) – Airline SAS said on Friday its main owners had approved a revised rescue plan after it made changes to a key part of the deal earlier this month. In June, the airline agreed a 14 billion crown ($1.61 billion) plan with top shareholders including Sweden and Denmark to shore up its finances amid the coronavirus-related […]

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