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The latest business and finance news from around the world, on the BBC

The latest business and finance news from around the world, on the BBC.

World Business Report: Greek stocks tumble on bank worries

30/10/2014

Greek stocks tumble on bank worries

BBC World Service - World Business Report, Greek stocks tumble on bank worries

Greek stocks take another tumble amid fears about the health of the country's banks.

Greek stocks take another tumble amid fears about the health of the country's banks. But it's a healthier picture in the US, which posts strong economic growth figures.

Shares in banks across southern Europe, particularly in Greece, take another tumble on concerns about their financial strength. We ask whether investors are right to be worried. It's a much rosier picture in the US, where the economy grew at an annual rate of 3.5% in the third quarter - a better figure than economists were expecting. Apple's CEO, Tim Cook, publicly acknowledges his sexuality, saying he's "proud to be gay". We talk to Suki Sandu, head of the gay and lesbian business network OUTstanding, and ask whether sexual orientation matters in the business world. Plus, we're in Baghdad to assess the damage done to Iraq's economy by the war against IS, and we ask whether a simple "thank-you" from your boss would be enough to make you feel happier at work, rather than a pay-rise. That's the verdict of Gus O'Donnell, who's heading up a new government centre of wellbeing in the UK.

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