Archive Europe: Economy


  • WASHINGTON— Institute for Supply Management releases its manufacturing index for April, 10 a.m.; Commerce Department releases construction spending for March, 10 a.m.. WASHINGTON— Commerce Department releases international trade data for March, 8:30 a.m.; Labor Department releases first-quarter productivity data, 8:30 a.m.; Institute for Supply...

  • WASHINGTON— Labor Department releases the first-quarter employment cost index, 8:30 a.m.. WASHINGTON— Commerce Department releases personal income and spending for March, 8:30 a.m.. MADRID— National Statistics Institute releases 1st- quarter economic growth figures.

  • A worker walks in a tunnel in the East Side Access project, one of the largest transportation infrastructure projects currently underway in the United States, in New York City.

    Our live blog is tracked market moves as U.S. GDP hits its slowest pace in two years. This as consumer spending softened.

  • PARIS— Protesters clashed with police in several French cities Thursday over proposed reforms to the country's labor rules and strikers forced cancellations and delays at two major airports serving Paris. Thousands of demonstrators marched in Paris, and violence broke out when several dozen people, many with their faces covered, started throwing objects...

  • Aluminum production

    China's practice of offering subsidies to local aluminum producers is creating an unfair environment for U.S. and European producers

  • LONDON— With a heated debate raging over the merits of the European Central Bank's stimulus measures, it's been easy to overlook the fact that the eurozone economy has been growing steadily for a couple of years now— and looks poised to keep expanding in 2016.. As well as inflation and unemployment figures, the European Union's statistic agency will release a...

  • LONDON, April 28- Britain's economy would be 4 percent larger 10 years after leaving the European Union than if it stayed in due to benefits from lower tariffs for imports from outside the bloc, economists supporting an exit said on Thursday. Ahead of a June 23 EU membership referendum, a range of bodies from the country's finance ministry to the International...

  • BERLIN— Official figures show that Germany's unemployment rate dropped to 6.3 percent in April, a further sign that growth in Europe's largest economy has accelerated in the early part of this year. The Federal Labor Agency said Thursday that the unadjusted jobless rate was down from 6.5 percent the previous month, with 2.74 million people registered as...

  • The future of paper production

    Diogo Da Silveira, CEO of The Navigator Company, discusses the paper manufacturer's earnings and growth prospects in the economy.

  • MADRID— Spain's unemployment rate edged up to 21 percent in the first quarter from 20.9 percent the previous quarter— negative economic news as the country looks headed toward its second general election in six months. The release comes as Spain heads almost certainly toward fresh elections June 26 as the May 2 deadline for a new government to be in place...

  • EASTERN DESERT, Egypt— Off the off-road tracks deep in Egypt's eastern desert, prospectors are ramping up the hunt for the treasure once revered by the Pharaohs as the "skin of the gods"— gold. Essential for ancient artifacts like the famed burial mask of Tutankhamun and still highly desired in Middle Eastern culture today, gold has been mined in Egypt for millennia.

  • European stocks fall at open after Fed, BOJ decisions

    European stocks opened lower on Thursday as markets digest the latest central bank decisions from the U.S. Federal Reserve and Bank of Japan.

  • WASHINGTON— When the Federal Reserve chose Wednesday not to raise its key interest rate, it nevertheless made clear that its next move will be another increase. Some economists think it may not be until the second half of the year before the Fed raises rates again, in part to avoid departing too far from the policies of the Bank of Japan and the European Central Bank.

  • Head for the Alpine delights of Switzerland to enjoy its trademark chocolate and cuckoo clocks – and Europe's highest standard of living.

  • WASHINGTON— When the Federal Reserve left its key interest rate steady Wednesday, it offered no clues to when it might act again yet made clear that it's edging toward raising rates again eventually. The European Central Bank and the Bank of Japan, for example, have loosened their interest-rate policies in recent months to try to stimulate growth.

  • WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Commerce Department releases first-quarter gross domestic product, 8:30 a.m.. BERLIN— Germany's Federal Labor Agency releases April unemployment figures for Europe's biggest economy.

  • Mario Draghi

    Draghi's appearance at Germany's Bundestag come at a time as tensions between the ECB and Germany have risen sharply.

  • ATHENS/ BRUSSELS, April 27- Greece accused the International Monetary Fund on Wednesday of undermining negotiations over the release of more bailout funds needed in the next few weeks to repay debt. At issue is what measures Athens would take if it fails to reach fiscal targets by 2018. Athens argues that its constitution precludes legislation on a...

  • Angel Gurria, secretary general of the Organisation for Economic Co-operation and Development, said Britain outside the EU would face less access to the bloc's single market, lower investment and companies moving abroad. The global economic policy body warned of further strains on Britain's wide current account gap and a weaker pound, and Gurria accused the "...

  • LONDON/ MILAN, April 27 (Reuters)- European shares edged higher on Wednesday helped by gains among utilities and energy stocks, while Greek equities lost ground after euro zone officials delayed a meeting on the country's bailout. Greece's benchmark ATG equity index fell 2.8 percent, making it the worst-performing market in the region. Utilities were also...

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