LONDON - Europe’s financial markets returned from their Christmas break in a cautious mood on Monday, as Greece’s parliament prepared for a final round of presidential voting, which if unsuccessful, will fuel worries about its future in the euro.
Recent Business News
ZURICH - Credit Suisse Group AG said on Monday it would fight a U.S. lawsuit which accuses the Swiss bank of deceiving investors in mortgage-backed securities it had issued.
- The board of American Apparel Inc has received a letter from British buyout firm Lion Capital, pushing it to explore strategic options include a sale, a source familiar with the situation said on Sunday.
BERLIN - Growth in Germany, Europe's biggest economy, could be better than expected next year and the situation in Europe is not as bad as many people think, the president of Germany's Bundesbank told a newspaper on Sunday.
SHANGHAI - China's trade will grow 3.5 percent in 2014, implying the country will fall short of a current 7.5 percent official growth target, according to a report on the Ministry of Commerce's website that was subsequently revised to remove the numbers.
BERLIN - Volkswagen's flagship Audi division is to increase spending on new models, plants and technology through 2019 to push its goal of surpassing German rival BMW as the world's largest luxury-car manufacturer.
A delightfully meta collection of other publications' choices for the best data visualizations of 2014.