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The European Union Times

Economy & Finance News

Economy

Disney’s 1Q results fueled by growth at its theme parks

Disney's first quarter results had investors rejoicing as the company reported strong growth at its theme parks. The company reported a net income of $3.3 billion, up 8% from the prior year. Revenue was up 3% to $16.2 billion, and operating income increased 6% to $5.6 billion. The Walt Disney Company said that its parks […]

Economy

O2 issues warning to anyone with a phone contract

O2, one of the UK's leading mobile phone providers, has issued a warning to its customers to be aware of a scam that could see their bank accounts drained. The company warned that scammers are using text messages and calls to try and get unsuspecting customers to hand over their personal and bank details. The […]

Economy

‘Doctor Doom, says US dollar reign is ending

The United States dollar's reign as the world's dominant currency is coming to an end, said Nouriel Roubini, the economist who famously predicted the 2008 financial crisis. Roubini, who has been nicknamed “Doctor Doom” for his pessimistic views on the economy, said the US dollar's role as the global reserve currency is being challenged by […]

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