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High-flying euro pushes down European shares

LONDON The euro hit a 23-month high on Monday against an ailing dollar, weighing on shares of European exporters before weaker-than-expected German business activity took the shine off the single currency.

Recent Business News

U.S. chicken processor profits fatten on cheap feed

CHICAGO U.S. meat producers are earning some of the highest profit margins in more than a decade, a bright spot for investors in agriculture, where grain farmers and trading companies are struggling to make money after years of massive oversupply.

2:32am EDT

European banks struggle to solve toxic shipping debt problem

LONDON Dutch shipowner Vroon is finding talks with banks tough going as it tries to navigate a way out of a long slump in the shipping industry. But it is not an easy time for the lenders either.

3:05am EDT

BMW, VW and Daimler shares skid on EU probe of German carmakers

FRANKFURT German auto stocks took a hit in early Monday trading, weighed down by uncertainty over possible antitrust fines after European regulators said they were investigating allegations that carmakers were operating a cartel.

4:06am EDT

Australian regulator investigating Takata airbag recall after death

SYDNEY Australia's consumer watchdog said on Monday it was investigating the recall of Takata Corp vehicle airbags, a day after police said the death of man in a Sydney car crash was likely due to a faulty airbag.

2:03am EDT

Oil prices dip as prospect of deeper OPEC output cut dims

LONDON Oil slipped to one-week lows Monday, as several OPEC and non-OPEC ministers met to discuss a pact to curb oil output but the prospect of the group delivering deeper cuts grew more distant.

Libya, Africa 5:18am EDT

Monetizing the Dallas Cowboys brand

Dallas Cowboys Chief Operating Officer Stephen Jones talks about maximizing the value of his team.   Full Article 


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