Business
Latest stories
Top European Official Says Greece Will Need New Currency if It Votes 'No'

Greece will have to introduce another currency if it votes 'No' in Sunday's referendum on its potential bailout terms, European Parliament president Martin Schulz said on German radio.

He told Deutschlandfunk that, in the event of a 'No' result, Greece would "have to introduce some other currency because the euro is not available as a means of payment."

W140 Full Story
Hamas Reopens offices of Gaza's Only Mobile Phone Firm

Hamas authorities on Sunday reopened the offices of the Gaza Strip's only mobile telephone company, five days after closing them on accusations of tax-dodging.

A statement from attorney general Ismail Jaber's office said that he had "ordered the reopening" of telecom provider Jawwal in Gaza City, but it did not give reasons.

W140 Full Story
61% of Greeks Vote 'No' in Referendum, Result Sends Euro into Tailspin

Greece's government on Sunday looked to have won a 'No' it had been seeking in a referendum on bailout terms, but the euro immediately plummeted on fears the result could splinter the eurozone.

An official tally of over half the ballots cast showed a resounding 61 percent of Greek voters had backed the government's 'No' in the plebiscite. 

W140 Full Story
Barcelona Struggles with Rising Tide of Tourists

Tourists are vital to Barcelona's economy, but the 27 million people who visit each year have become a headache for the new mayor as she battles to save the iconic Spanish Mediterranean port from becoming a bland theme park.

"Tourists go home" is frequently found painted on the walls of buildings in the center of Spain's second-largest city, which is struggling to cope with a surge in tourism that started when it hosted the Olympics in 1992.

W140 Full Story
Alexis Tsipras: The Premier Playing Roulette with Greece's Future

In the five months since he came to power vowing to deliver his country from years of biting austerity, Prime Minister Alexis Tsipras has kept Greece and Europe guessing.

For some he is a master strategist who has called the bluff of Greece's creditors by giving the people the final say on a painful debt deal.

W140 Full Story
Europe Tensely Awaits Greek Voters' Decision

German Chancellor Angela Merkel and other EU leaders await with trepidation the outcome of a referendum in Greece Sunday that is already dividing opinion in Europe and could even shape its future.

After months of fruitless talks with its creditors, Greece's dramatic bid to place a bailout decision in the hands of its people will have an impact far beyond the heavily-indebted country's borders, analysts warn.

W140 Full Story
Greece 'Yes', 'No' Camps Neck and Neck ahead of Bailout Vote

Greece braced itself Saturday ahead of a make-or-break bailout referendum as polls showed the 'Yes' and 'No' camps neck and neck and uncertainty rose over the future of the country's battered economy.  

Prime Minister Alexis Tsipras got a rock-star welcome at an Athens rally late Friday as he sought to revive support for a 'No' vote in a referendum called to strengthen his hand in talks with international creditors.

W140 Full Story
Greece Declared in Default, PM Urges 'No' Vote to 'Live with Dignity in Europe'

Greece was officially declared in default on Friday, injecting even more urgency into a make-or-break weekend referendum that new polls suggested was too close to call.

The fund providing Greece's financial lifeline declared "an event of default by Greece."

W140 Full Story
Shanghai Plunges Again, Hong Kong Hit by Greek Worry

Shanghai stocks plunged almost six percent Friday, capping their worst three weeks in 23 years as analysts warned panic was setting in and authorities pledged more support after recent moves to staunch the blood-letting failed.

Hong Kong also sank following losses on Wall Street and as traders await Sunday's critical referendum in Greece, which could determine the country's future in the eurozone.

W140 Full Story
Iskan Loans: How Do they Work? Benefits Versus Conditions

The following information is provided by Bnooki.com that is a FREE online platform that gathers data related to financial products and services offered by banks and financial institutions in Lebanon.

Features:

W140 Full Story