GO
Loading...

Europe

More

  • Rome protesters target plans to make firing easier Saturday, 25 Oct 2014 | 11:26 AM ET

    ROME— Hundreds of thousands of protesters have rallied in Rome to protest Premier Matteo Renzi's plan to make it easier to fire workers. Protesters cheered CGIL labor confederation head Susanna Camusso when she promised more protests and strikes unless Renzi abandons efforts to give employers considerably more leeway to fire workers.

  • BEIRUT, Oct 25- Lebanon's economy will grow by no more than 2 or 2.5 percent next year if it does not resolve its political problems as it struggles to cope with the fallout from the war in neighouring Syria, the economy minister said. Lebanon's economy has been hit hard by Syria's civil war, which has sparked gun battles, bombings and kidnappings in the small...

  • Fight night! Brazil candidates spar over corruption Saturday, 25 Oct 2014 | 6:28 AM ET
    Brazil's President and Workers' Party (PT) presidential candidate Dilma Rousseff is greeted by supporters during a campaign rally in Brasilia September 27, 2014.

    Presidential candidates traded accusations over political corruption in a last ditch attempt to sway undecided voters.

  • Europe stress tests set to fail 25 banks: sources Saturday, 25 Oct 2014 | 5:28 AM ET
    Bear and bull statues are pictured in front of the Frankfurt Stock Exchange in Frankfurt, Germany.

    A group of 25 banks have failed European health checks, while up to 10 of those continue to have a capital shortfall.

  • BERLIN, Oct 25- Calogero Gambino, a senior Deutsche Bank regulatory lawyer, has been found dead in New York in what appears to have been a suicide, the Wall Street Journal reported on Saturday, citing New York City officials and other sources. He had been closely involved in negotiating legal issues for Deutsche Bank such as a probe by regulators of banks over...

  • Europe's bank test aims to strengthen economy Saturday, 25 Oct 2014 | 3:02 AM ET

    FRANKFURT, Germany— The European Central Bank on Sunday will reveal the results of a yearlong search through the books of Europe's 130 biggest banks, a key part of the region's effort to recover from its debt and economic crisis. Companies need the loans to invest and hire if Europe's economy, which didn't grow at all in the second quarter and has unemployment of...

  • Stock market's big seesaw gives investors pause Saturday, 25 Oct 2014 | 12:06 AM ET

    NEW YORK— Sometimes a little fear is healthy for stock investors. Nine days ago, after a series of sharp sell-offs, the Standard& Poor's 500 index was down 7.4 percent from its September record as fears of a global economic slowdown intensified. "It's important to have these periods of scare and fear," says Joe Quinlan, chief market strategist for U.S. Trust.

  • DIARY - Top economic Events to Nov 6 Friday, 24 Oct 2014 | 8:01 PM ET

    FRANKFURT- Deutsche Bundesbank Board Member Andreas Dombret to give press conference at the Bundesbank in Frankfurt- 1200 GMT. FRANKFURT- ECB Vice-president Vitor Constancio and Supervisory Board Chair Daniele Nouy to hold a press conference on the results of the Comprehensive Assessment- 1030 GMT. LONDON- Bank of England Deputy Governor Minouche Shafik...

  • NEW YORK, Oct 24- Market fluctuations eased on Friday and the Standard& Poor's 500 index ended its best week in almost two years as fears dwindled that the first Ebola diagnosis in New York could lead to widespread contagion in the nation's financial capital. "Ebola is really center stage as the No. 1 fear of the market right now because of the immediate reaction...

  • *Microsoft, Procter& Gamble results lift U.S. shares. NEW YORK, Oct 24- Global equity markets rose on Friday after strong corporate results from Microsoft and Procter& Gamble and reduced concerns over the possible spread of Ebola boosted U.S. shares and kept safe-haven U.S. MSCI's all-country world equity index rose 3.1 percent for the week, marking its biggest...

  • What you need to know about massive air bag recall Friday, 24 Oct 2014 | 4:51 PM ET

    So far, more than 12 million vehicles worldwide with air bags made by Japanese parts supplier Takata Corp. have been recalled for the problem. There have been recalls in Japan, Europe, China and other areas. A: Chemicals that quickly inflate air bags during a crash are exploding with too much force in Takata air bags made from 2001 to 2011. This blows apart metal...

  • Earnings from Microsoft, others drive stocks up Friday, 24 Oct 2014 | 4:09 PM ET

    NEW YORK— The stock market is closing out its best week in almost two years as earnings gains from Microsoft and others got investors in a buying mood. Microsoft jumped 3 percent after its earnings came in well ahead of what analysts were expecting. Procter& Gamble rose 2 percent after saying it would spin off its Duracell battery business.

  • NEW YORK, Oct 24- Brent oil prices fell on Friday but were little changed on the week as traders caught their breath from a months-long rout, even as signs of rising global supply and a U.S. contango structure threatened deeper losses. Contracts for December delivery settled down $1.08 at $81.01 per barrel, dropping $1.74 since last Friday. Global prices seesawed...

  • Market jolt is reality check for investors Friday, 24 Oct 2014 | 3:52 PM ET

    NEW YORK— Sometimes a little fear is healthy for stock investors. Nine days ago, after a series of sharp sell-offs, the Standard& Poor's 500 index was down 7.4 percent from its September record as fears of a global economic slowdown intensified. "It's important to have these periods of scare and fear," says Joe Quinlan, chief market strategist for U.S. Trust.

  • Greeks get 8 years to clear austerity tax bill Friday, 24 Oct 2014 | 3:29 PM ET

    ATHENS, Greece— Parliament has approved draft legislation that would give distressed Greeks more than eight years to settle unpaid taxes imposed under the country's austerity measures. Despite a steep rise in unemployment and extensive wage cuts, Greeks have been hammered with additional taxes, levied under bailout agreements between the country and...

  • *Italy, France want more spending room despite EU budget rules. With a recovery coming to a halt in the second quarter and depressed prices reflecting near record unemployment, France and Italy want to shift away from the spending cuts that marked the bloc's response to the 2009-2012 crisis. France and Italy are pushing for more spending room in their budgets in...

  • Hacker gets prison for cyberattack stealing $9.4M Friday, 24 Oct 2014 | 1:55 PM ET

    Sergei Nicolaevich Tsurikov, 30, was sentenced earlier in the week in an Atlanta federal court. Prosecutors said Tsurikov, of Tallinn, Estonia, and others hacked the Royal Bank of Scotland Group in Atlanta in November 2008. In August 2010, authorities brought Tsurikov from Estonia to Atlanta to face arraignment on fraud charges.

  • MOSCOW, Oct 24- Standard& Poor's ratings agency affirmed Russia's sovereign rating on Friday at a notch above junk status, warning a downgrade may follow if more sanctions are imposed on Moscow for its role in the Ukrainian conflict. S&P also said another cut might come if Russia's monetary policy or exchange-rate flexibility weakens. Russian Finance Minister...

  • France OKs extradition of dissident Kazakh banker Friday, 24 Oct 2014 | 1:20 PM ET

    PARIS— A French appeals court has authorized the extradition to Russia or Ukraine of a Kazakh dissident banker whose legal case is tangled up in at least five countries. Mukhtar Ablyazov fled Kazakhstan amid the nationalization of BTA Bank, which he once led as chairman. He was arrested in southern France in July 2013 and both Russia and Ukraine have requested...

  • NEW YORK, Oct 24- Oil prices lurched lower before paring some losses on Friday, with traders jittery over more signs of abundant crude supplies in the near term and a shift in U.S. markets toward a weakened contango structure. December oil futures fell by more than $1 a barrel to hover about 20 cents above the January contract, threatening to flip to a discount versus...