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  • MELBOURNE, April 27- London nickel extended gains by 2 percent at one stage on Monday to hit a one-month high, fanning a rally in Shanghai on the prospect of a looming deficit. Three-month nickel on the London Metal Exchange hit $13,475, its loftiest since March 27, before trading up 1.3 percent at $13,365 a tonne by 0200 GMT following a 3.9 percent advance in the...

  • MELBOURNE, April 27- London nickel extended gains by two percent to hit a one-month high on Monday, fanning a rally in Shanghai on prospects a looming deficit this year will cut feed used by China's stainless steel makers. *Three-month copper on the London Metal Exchange firmed by 0.3 percent to $6,047 a tonne, while the most traded June contract on the Shanghai...

  • Study: Self-driving 'taxibots' could replace 9 in 10 cars Thursday, 23 Apr 2015 | 10:54 AM ET

    BERLIN— Transportation experts say car-congested cities could become a thing of the past, provided people are prepared to ride-share with a robot driver. A study published Thursday by the Paris- based Organization for Economic Cooperation and Development suggests that widespread use of "taxibots" could cut by 90 percent the number of cars needed to perform...

  • Vacationers to Europe will fare better with the average ticket down 3 percent to $1,619, about $50 less than last summer. Flights to Hawaii, Florida and New Orleans are cheaper, but travelers heading to New York, Denver and San Francisco can expect to pay more. Overall fares are down but it will cost more this summer to fly to cities like Amsterdam; London; Budapest,...

  • Correction: Europe-Tourism Boost story Thursday, 16 Apr 2015 | 6:37 PM ET

    LISBON, Portugal— In a story April 15 about effect of the weakening euro on tourism in Europe, The Associated Press reported erroneously that 10 million Americans visited Paris last year, and that officials hoped the figure would rise 10 percent to 11 million this year. Weak euro adds to Europe's vacation lure for tourists from United States, China— and locals.

  • Labor unrest disrupts transport services in Portugal Thursday, 16 Apr 2015 | 5:49 AM ET

    LISBON, Portugal— Pilots at Portugal's national airline have announced a 10- day walkout next month amid a spate of strikes by labor groups resisting government efforts to reform the transport sector and cut state company debts. Around half of Portuguese train services were cancelled Thursday as workers with national rail company Comboios de Portugal...

  • LISBON, Portugal— Vacations in Europe have a new attraction: the euro's steep drop in value is making the continent much cheaper for tourists from across the world, especially the United States and China. That means the ingredients are in place for "a great year for tourism" in Europe, says Nick Greenfield, head of tour operator relations at the London- based European...

  • BRUSSELS, April 12- Even if it survives the next three months teetering on the brink of bankruptcy, Greece may have blown its best chance of a long-term debt deal by alienating its euro zone partners when it most needed their support. "This step would save Greece's budget billions of euros, while reforming the Troika arrangement, eliminating the IMF's and the ECB's...

  • *Greece says can overcome immediate funding crunch. MADRID/ ATHENS, March 2- Euro zone countries are discussing a third bailout for Greece worth 30 billion to 50 billion euros, Spain's economy minister said on Monday, but EU officials said there were no such talks. Speaking at an event in Pamplona, northern Spain, Economy Minister Luis de Guindos said the new rescue...

  • DUBLIN/ MADRID, March 2- Europe's tough treatment of Greece's new government has eased some immediate anti-austerity pressure in Ireland and Spain, but it may take a lot more than that to put Dublin and Madrid's ruling parties' re-election prospects back on track. They both toed the line with Germany in demanding that Greece stick to its bailout commitments- a...

  • ATHENS/ MADRID, March 1- Spain's centre-right Prime Minister Mariano Rajoy hit back on Sunday against accusations from Greece's leftist premier that Spain and Portugal had led a conservative conspiracy to topple his anti-austerity government. Greek Prime Minister Alexis Tsipras said Spain and Portugal had taken a hard line in talks on the euro zone...

  • Greek PM accuses Spain, Portugal of anti-Athens "axis" Saturday, 28 Feb 2015 | 8:26 AM ET

    *Spain, Portugal leading "axis of powers" against Athens-PM. ATHENS, Feb 28- Greece's leftist Prime Minister Alexis Tsipras accused Spain and Portugal on Saturday of leading a conservative conspiracy to topple his anti-austerity government, saying they feared their own radical forces before elections this year. "We found opposing us an axis of powers... led by the...

  • Cramer Remix: This stock, and llamas, on the run Thursday, 26 Feb 2015 | 7:06 PM ET
    Llama

    Llamas weren’t the only things running wild on Thursday; “Mad Money” host Jim Cramer has a stock galloping higher.

  • Cramer: 'I'm a happy camper'—Thanks, Europe! Thursday, 26 Feb 2015 | 6:22 PM ET
    Mario Draghi, president of the European Central Bank (ECB), looks on as he unveils a new twenty-euro banknote at the ECB headquarters in Frankfurt, Germany, Feb. 24, 2015.

    Jim Cramer wants to be negative about what's happening in the market right now but with this evidence, he can't!

  • LONDON, Feb 24- Portugal's government debt market is likely to benefit more than any other in the euro zone from the European Central Bank's bond-buying programme that starts next month. While Portugal's total debt is one of the highest in the bloc, having been bailed out by the International Monetary Fund and the European Union during the debt crisis, its stock...

  • Beijing's glare deepens crisis in Macau Wednesday, 18 Feb 2015 | 4:00 PM ET

    *VIPs avoid Macau during Beijing corruption crackdown. *60-70 percent of Macau casino revenues from high rollers. MACAU/ ZHUHAI, China, Feb 19- China's crackdown on corruption and conspicuous consumption is ever more visible in its impact on Macau, the world's biggest gambling hub, which makes most of its money from the high rollers who are staying away to avoid...

  • Post-bailout Portugal shrugs off Greek contagion risks Thursday, 12 Feb 2015 | 6:46 AM ET

    *Portugal has differentiated itself from Greece. *No Syriza or Podemos in Portugal. LISBON, Feb 12- Portugal has largely assuaged fears it is the euro zone's weakest link after Greece, although it could still be stung if a confrontation between the left-wing government in Athens and European creditors ends in "Grexit."

  • Portugal sold 1.25 billion euros in 10- year bonds at record low auction yields. "Portugal did a great job decoupling itself from Greece," said Jean-Francois Robin, head of rates strategy at Natixis. "The macroeconomic situation, the debt sustainability in Portugal doesn't deserve comparison with Greece.

  • Portugal sold 1.25 billion euros in 10- year bonds at record low auction yields. "Portugal did a great job decoupling itself from Greece," said Jean-Francois Robin, head of rates strategy at Natixis. "The macroeconomic situation, the debt sustainability in Portugal doesn't deserve comparison with Greece.

  • ATHENS/ BRUSSELS, Feb 6- Greece's new leftist-led government, isolated in the euro zone and under pressure from the European Central Bank, said on Friday it wanted no more bailout money with strings attached from the European Union and International Monetary Fund. The official said Greece was in effect asking for a "bridge agreement" to keep state finances...