LONDON - Doubts about the health of Europe's economy dominated trade on its major stock markets on Thursday after a cautious message from the U.S. Federal Reserve did little to stem the dollar's charge to 10-month highs.
Recent Business News
BERLIN - German unemployment dropped more than expected in July and retail sales climbed in June, data showed on Thursday, spelling good news for private consumption which is expected to drive growth in Europe's largest economy this year.
MOSCOW/STRASBOURG - The European Court of Human Rights (ECHR) awarded shareholders in Yukos 1.9 billion euros ($2.6 billion) in compensation after the former oil company argued Russia had unlawfully seized it after imposing bogus taxes and via a sham auction.
Good news: the economy bounced back last quarter.