*Greece drops resistance, says "not a Russian puppet". BRUSSELS/ KIEV, Jan 29- European Union foreign ministers extended existing sanctions against Russia on Thursday, holding off on tighter economic measures for now but winning the support of the new left-leaning government of Greece, whose position had been in doubt. Germany said that decision would depend on...» Read More
Mr. Euro -- or the late Wim Duisenberg -- would sympathize with Jean-Claude Trichet’s dilemma. Trichet is facing a hostile cabal of politicians from among the 13 euro-zone governments who want him to cut interest rates to take momentum out of the strengthening single currency.
The Fed and the start of earnings season are two big focuses for stocks Tuesday, after Monday's dullish session. The Fed releases minutes of its September 18 meeting and its August 16 call at 2p ET. This time last week, traders would have been digging into those minutes to find any confirmation of their view that rates will be cut again at the Fed's October 31 meeting.
Discussing leadership, motivation and career success with Jack Welch, former General Electric chairman & CEO.
Just as Airbus hoped to start selling its oft-delayed superjumbo as a success story, a report of "massive insider trading" at parent company EADS leaked to the media -- raising the question of whether the beleaguered company can ever get ahead of its problems.
The European Commission fined Visa 10.2 million euros ($14.45 million) on Wednesday for refusing to let Morgan Stanley join its payment card system in Britain.
European stocks closed broadly positive Tuesday after wobbling slightly following a larger-than-expected fall in U.S. pending home sales.
European stocks closed higher Thursday, with investors shrugging off a surprise drop in U.S. new home sales and weaker U.S. economic growth data.
European Central Bank President Jean-Claude Trichet said excessive swings in foreign exchange levels are not good for growth. Meanwhile, the ECB lent $5.5 billion at a punitive rate on Wednesday, figures show.
Retail sales growth in the euro region slowed in September, a survey of around 1,000 retail executives showed on Thursday.
The European Central Bank allotted 50 billion euros of three-month refinancing on Wednesday at an average rate of 4.63% -- the highest since March 2001 and evidence of continued tightness on the euro money market.
EU farm ministers fell short of a consensus agreement on Wednesday to allow imports of three genetically modified (GMO) maize types, again revealing their deep differences on GMO crops and foods, officials said.
German business sentiment fell to its lowest level in over 1-1/2 years in September, as turmoil on financial markets exacerbated concerns about an economy already affected by the strong euro and surging oil prices.
The drugmaker Novartis said Monday that the European Commission had approved its Exelon skin patch to treat Alzheimer's disease.
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The U.K.'s top banks are mulling borrowing funds from the Bank of England's 10 billion pounds ($20 billion) facility to remove the stigma attached to it and restore confidence in the banking system, the Financial Times reported Friday.
Norwegian Petroleum and Energy Minister Odd Roger Enoksen has resigned, the prime minister's office said on Friday without naming his replacement.
European Union Competition Commissioner Neelie Kroes said on Wednesday that a top U.S. Justice Department official's criticism of an EU court decision against Microsoft was "totally unacceptable."
U.S. private investment firm Kohlberg Kravis Roberts & Co (KKR) won competition clearance from the European Commission on Wednesday to buy audio equipment maker Harman International Industries for some $8 billion.
The headlines seemed dire enough: Microsoft Smacked; Microsoft Dealt Severe Blow; Microsoft Crackdown. All of it stemming from a European court's decision earlier today to uphold the $605 million fine levied against the world's largest software maker back in 2004 when the company lost its anti-trust case with the European Union.
Microsoft suffered a stunning defeat on Monday when a European Union court backed a European Commission ruling that the U.S. software giant illegally abused its market power to crush competitors.