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  • BUDAPEST, Hungary— Austria stepped up truck inspections Monday at its Hungarian border after 71 migrants apparently suffocated in one, creating a massive, 30- kilometer traffic jam on the main Budapest- Vienna highway. In addition to the backup at the Hegyeshalom border crossing, traffic was slower than usual at other Hungary- Austria border crossings, the...

  • TOKYO, Aug 30- Japan's Suzuki Motor Corp said on Sunday it would buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court ordered the German automaker to sell its holding. VW's stake, acquired in January 2010 for 1.7 billion euros, was worth some $3.8 billion at Friday's closing price. Both companies said they welcomed the...

  • BERLIN— Volkswagen AG and Suzuki Motor Corp. say an arbitration tribunal has formally put an end to a failed alliance between the two companies to develop green cars, and Suzuki will buy back the 19.9 percent stake that Volkswagen held. The hybrid and electric car partnership agreed in 2009 never got off the ground and unraveled into a public feud.

  • China crisis covers tracks of Japan Saturday, 29 Aug 2015 | 8:42 PM ET

    *China crash most closely matches Japan's in early 90 s. *China more active, Japan response too little, too late. The abrupt end of Japan's boom in the 1990 s, complete with stock crash and property bust, offers the most striking similarities, and the most valuable lessons.

  • PARIS— With more and more refugees appearing in Europe daily this summer, cities and towns are grappling with a basic but crucial problem: Where can they all sleep? Portable shipping containers are being converted into refugee apartments in Germany, which saw nearly half of Europe's overall 400,000 asylum applications in the first half of the year.

  • PARIS— European countries will increase identity checks and baggage controls on trains after American passengers thwarted an attack on a high-speed train from Amsterdam to Paris, France's interior minister said Saturday. In a statement, they floated the possibility of letting train police consult intel databases and better Europe- wide use of criminal...

  • DIARY- Top Economic Events to Sept 12 Friday, 28 Aug 2015 | 8:01 PM ET

    ZURICH- Swiss National Bank head Thomas Jordan addresses a business gathering- 1600 GMT. REYKJAVIK- Launch of Economic Survey of Iceland 2015. NEW YORK- Federal Reserve Bank of Boston President Eric Rosengren speaks on the economic outlook before the Forecasters Club of New York- 1710 GMT. TOKYO- Japan Economics Minister Akira Amari speaks at a seminar at...

  • Business events scheduled for the coming month Friday, 28 Aug 2015 | 1:46 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • BICESTER, England— The designer outlet mall of Bicester Village is set in the English countryside near Oxford, but it might as well be in China. In the Burberry store, many try on the brand's signature trench coats, which go for at least 600 pounds after discounts. He came from Shanghai to Europe with a group of about 30 colleagues to shop and do some sight-seeing.

  • LONDON, Aug 28- Raghad al Sous braved bombings in Syria to keep studying at school before fleeing in 2013 to rejoin her mother, who had been granted refugee status in Britain. Across Europe, employers have largely welcomed a stream of young and often well-educated foreign workers who are helping to offset the ageing of the population. The situation is less clear...

  • BERLIN, Aug 28- Germany posted a record-breaking 21 billion euro surplus in the first half of 2015 but has turned a deaf ear to criticism from home and abroad that it should cut taxes or raise public spending to help alleviate pressures in the euro zone. Her party is expected use Germany's return to budget surpluses as a cornerstone of its 2017 election campaign.

  • *Bull market "ageing" but very much alive- Citi. China's central bank injected 60 billion yuan into money markets on Friday, the second such move this week, while inflation data out of Germany later on Friday is likely to set the tone for the European Central Bank's meeting next Thursday as deflationary pressures rise around the world. Although global equities are...

  • *IMF always believed Greece's debt was unsustainable. WASHINGTON/ ATHENS, Aug 28- Many of the top brass of the International Monetary Fund always had concerns about the plans to bail out Greece. He slammed IMF forecasts for Greece as overly optimistic- "Panglossian."

  • *Simple barcodes provide too little information. BERLIN, Aug 28- Growing demand for more information about the products we buy could mean the end of the simple barcode- the blocks of black and white stripes that adorn most objects for sale and are scanned five billion times a day. First used on a pack of Wrigley's Juicy Fruit chewing gum in 1974 in a store in Ohio,...

  • DIARY- Top Economic Events to Sept 10 Thursday, 27 Aug 2015 | 8:01 PM ET

    EDINBURGH, Scotland- Bank of England's Executive Director of Prudential Policy David Rule at the Credit Scoring and Credit Control XIV Conference, University of Edinburgh. REYKJAVIK- Launch of Economic Survey of Iceland 2015. NEW YORK- Federal Reserve Bank of Boston President Eric Rosengren speaks on the economic outlook before the Forecasters Club of New...

  • Business events scheduled for the coming week Thursday, 27 Aug 2015 | 1:17 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • BERLIN— Germany's justice minister says he wants Facebook to delete racist content faster amid a surge in anti-migrant pages and comments on the social networking site. Minister Heiko Maas on Thursday invited Facebook representatives to a meeting to discuss ways in which the company can react sooner when it's alerted to illegal content.

  • PARIS, Aug 27- French carmaker Citroen is preparing a series of model launches, brand chief Linda Jackson told Reuters, in a bid to reverse a sales slump that threatens to hamper parent Peugeot's recovery from near bankruptcy. With sales down sharply, Citroen is a blot on Peugeot's otherwise stellar rebound. Sales of Peugeot models rose 3.9 percent in January...

  • European markets close: Extended gains Thursday, 27 Aug 2015 | 11:30 AM ET
    European markets close: Extended gains

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including European oil majors and the Greek Prime Minister ruling out a coalition with main parties.

  • German industrial group ThyssenKrupp, Dutch healthcare and consumer group Philips and British food ingredients group Tate& Lyle are among those adjusting for lower growth and a new intensity in price wars. "The message which we have given the team in China is the following: You need to move up your margin," ThyssenKrupp Chief Executive Heinrich Hiesinger told...