Europe


British EU exit could hit UK GDP hard - study

2015-04-27 20:00

If Britain leaves the European Union it could knock up to 14% off its gross domestic product by 2030, according to a study by two leading German institutes.

European shares fall, Greek concerns weigh

2015-04-27 10:59

European shares have edged lower in early trading, with lingering concerns over Greece's debt situation prompting investors to trade cautiously.

L’Oreal sales rise to offset Europe slow growth

2015-04-21 11:30

L’Oreal SA has reported a 14% increase in sales as a weaker euro helped compensate for “sluggish” growth in western Europe.

ECB examines Greek IOU currency - sources

2015-04-19 14:30

The European Central Bank has analysed a scenario in which Greece runs out of money and starts paying civil servants with IOUs, say sources.

Carbon emissions from new cars in EU fall

2015-04-16 10:45

Average carbon dioxide emissions from new cars sold in the European Union have fallen 2.6% last year, beating goals set for 2015.

Europe watchdog seeks tighter rules on ibuprofen

2015-04-13 17:30

A European panel has backed tougher guidelines on ibuprofen after research found high doses of the popular painkiller are linked to an increase in cardiac risk.

Foreign investors cry foul over India tax surprise

2015-04-02 15:33

US and European investor groups have called for the Indian government to urgently clarify its tax regime for foreigners, after surprise attempts by tax inspectors.

Europe needs plan from Merkel - Greek minister

2015-03-15 21:30

German Chancellor Angela Merkel should present an economic growth plan for Europe, says Greek Finance Minister Yanis Varoufakis.

Swiss govt resists pressure about franc shock

2015-03-15 19:30

Switzerland's government has shrugged off requests by political parties to lessen the economic impact of the removal of a cap on the value of the Swiss franc.

Dollar hits 12-year high against euro

2015-03-15 12:15

The dollar has resumed its relentless surge higher after a breather, hitting a 12-year high against the euro as traders have awaited a Federal Reserve meeting.

 

Bank stocks get another look as climate improves

2015-04-27 17:45

European banking shares are attracting interest again as the outlook for lending improves and valuations look to be bottoming out.

China factory activity disappoints again

2015-04-23 11:30

Manufacturing activity in Asia's top two economic powerhouses have slowed further in April, a disappointing outcome that calls for yet more stimulus.

Europe protected from Greek problems - France

2015-04-19 17:15

It is Greece and not Europe which will be hurt by any problems stemming from the Greek financial situation, says French Finance Minister Michel Sapin.

Andile Jali & Nonhle Ndala are having a blast in Belgium

2015-04-16 19:00

The love-birds are spending quality time together in Belgium.

Will Draghi leave the ECB without raising rates?

2015-04-14 12:15

Investors are betting Mario Draghi will complete his eight-year term as head of the European Central Bank in 2019 without ever raising interest rates

US loses sparkle as Europe shows signs of hope

2015-04-13 10:00

Investors will cast a wary eye on the latest gauges of the United States' economic health this week, while Europe shows early signs of turning the corner.

How Europe and US stumbled into spat

2015-03-23 09:15

European governments have chosen to join a nascent, Chinese-led Asian Infrastructure Investment Bank in defiance of Washington's misgivings.

EU executive warns of Grexit 'catastrophe'

2015-03-15 20:30

The European Commission has warned of "catastrophe" if Greece has to abandon the euro and has urged EU governments to show solidarity.

Global economy: Fed's 'patience' questioned

2015-03-15 18:31

For a world economy coming to terms with a soaring dollar and a plunge in oil prices, this week will be all about the US Federal Reserve's policy meeting.

No confirmed date for Ukraine-Russia gas talks

2015-03-13 13:29

The European Union does not yet have confirmation for a meeting between Ukraine and Russia for talks on gas supplies, says the bloc's energy commissioner.

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