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Factory activity in Europe, Asia cools; demand lull a concern

BANGALORE/SYDNEY - Factory activity in Europe and Asia cooled in August after a strong July, as new orders dwindled in the face of escalating tensions in Ukraine and a patchy recovery in China, purchasing managers indexes showed.

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France's Moscovici likely to get EC economic affairs role: source

PARIS - Former French finance minister Pierre Moscovici has a "good chance" of being named to the European Commission's top economic and monetary role, according to a French diplomatic source.

9:36am EDT

Euro zone factory growth slows in August amid Ukraine tension: PMI

LONDON, - Euro zone manufacturing growth slowed slightly more than initially thought last month as new orders dwindled and factories suffered amid rising tensions in Ukraine, a business survey showed on Monday.

4:12am EDT

Retreat in China's PMIs heightens calls for policy easing

BEIJING - Growth in China's vast factory sector cooled in August as foreign and domestic demand slowed, two surveys showed on Monday, spurring new calls for more policy easing to prevent the economy from stumbling once more. | Video

3:06am EDT

KPMG refuses to approve BES accounts, warns of further loss

LISBON - Auditor KPMG has refused to approve bailed-out Banco Espirito Santo's first-half report and accounts, published on Monday, citing the bank's failure to provide adequate information on its financial position and also warned of possible further losses.

7:30am EDT

China gives Microsoft 20 days to provide explanation in anti-trust probe

BEIJING - A Chinese anti-trust regulator said on Monday it has given Microsoft Corp 20 days to reply to queries on the compatibility of its Windows operating system and Office software suite amid a probe into the world's largest software company.

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How letting women fail can help them succeed

For women, fear of failure isn't an irrational position. Instead, it’s more likely a reaction to social pressures that tell them they will be more harshly judged than their male peers on their perceived missteps.