The euro zone's trade surplus was smaller than expected in July, unadjusted data showed on Monday, but exports continued to grow more quickly than imports.
Irish building materials firm CRH is in talks with Cemex to buy U.S. and European assets worth up to $4.5 billion from the Mexican cement maker, the companies said on Monday.
EU finance ministers gave the European Central Bank a thumbs-up on Friday for its efforts to combat a global credit crunch and said they hoped the damage to economic growth from market turmoil would be limited.
Several issues weighing on the markets today. Liquidity issues again coming to the fore, this time in the U.K. 1) Northern Rock, the 4th largest mortgage company in the UK, has sought emergency funding from the Bank of England because it won't be able to roll over obligations that are coming due over the next few weeks.
Well, I asked and you told me. Yes, some of you do think I was reckless to drive a Lamborghini 150 mph while in Italy. However, others told me it's hard not to air out a lambo when you get the chance, so don't worry about it.
Inflation in the 13 euro nations was 1.7% in August, the European Union's statistical agency said Friday, lowering its earlier estimate of 1.8%.
European shares are seen opening lower on Friday, paring the previous session's gains, on worries over financing for banks, while markets also focus on U.S. retail sales data for signs of a slowdown in the U.S. economy.
How's this for exclusive? Lamborghini unveils its newest model today in Frankfurt, Germany with a pricetag of $1.38 million. And here's the best part: Lamborghini has already sold out ALL 20 of its new million dollar ride.
The markets found few immediate take aways in the comments of Fed Chairman Ben Bernanke today which largely focused on the current account deficit and the global savings glut. But if you wanted to hear the thoughts of a top central banker on the state of the economy...
European corporates' mostly solid balance sheets should help them withstand the credit market turmoil, but "junk" bond defaults are set to rise owing to higher borrowing costs, Moody's Investors Service said.
European stocks tumbled Friday following weaker-than-expected U.S. jobs data and renewed fears of a recession in the world's biggest economy.
European stocks fell on Wednesday after U.S. pending home sales data came in lower than expected and with investors cautious ahead of rate-setting meetings by the European Central Bank and the Bank of England on Thursday.
European stocks closed higher after a lackluster start of the session, rallying in the afternoon after U.S. economic data eased fears of a recession.
PSA Peugeot Citroen, Europe's second-biggest car maker, on Tuesday set a 5.5% to 6% operating profit margin target by 2010 as part of a recovery plan unveiled by its chief executive.
Carlsberg on Monday named Joergen Buhl Rasmussen as chief executive with effect from Oct. 1.
Oil rose on Friday as investors kept watch on a gathering storm in the Atlantic Ocean and took stock of declining fuel inventories in the world's top consumer.
General Electric felt the squeeze of the recent credit crunch Thursday as it was forced to boost how much interest it will pay on an upcoming corporate debt offering.
French fashion-to-furniture retailer PPR said on Friday first half net profit rose 54%, boosted by its acquisition of a 62% percent stake in German sportswear maker Puma.
U.S. crude oil futures ended lower Thursday in gasoline-led profit-taking ahead of the RBOB September contract's expiration on Friday.
It's "prove it" time again for Cadillac. If you are into luxury cars, you might be thinking to yourself, 'wait, isn't it prove it time every 5 or 6 years for Cadillac?' Well yes, you are right. This time, while Cadillac is not hurting the way it was back in 2000 and 2001, but it is in need of a boost.