Business articles

Oil producers look into rollover of output cuts

OPEC and non-OPEC producers said Sunday at a meeting in Kuwait they were looking into extending an output cuts deal aimed at stabilising the market, as compliance with the milestone pact increases.

After crisis, Spain textiles sector dons new colours

Spain’s textile sector, flush with the glittering success of brands such as Zara, is beginning to recover from a crisis sparked by cut-throat competition from Asia that destroyed a third of its firms in less than a decade.

East German boom town breaks populist, backward stereotypes

With higher unemployment rates than western Germany and support for the anti-immigration AfD party reaching 20 percent, the country’s former communist east has often been associated with economic decline and xenophobia.

Brexit plunges EU fishing into troubled waters

EU fishing fleets are increasingly anxious about their future access to teeming British waters as Britain prepares to trigger the two-year countdown to its exit from the bloc.

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