Euro Zone

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Global economy starts second half on solid footing: PMIs

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- China's factory activity expanded at its fastest in 18 months in July, while the euro zone's private sector also perked up, but the pace of U.S. manufacturing expansion slowed.

Global economy starts second half on solid footing: PMIs

- China's factory activity expanded at its fastest in 18 months in July, while the euro zone's private sector also perked up, but the pace of U.S. manufacturing expansion slowed.

24 Jul 2014

Euro zone business on solid footing in July but firms cut prices - PMI

July 24, - The euro zone's private sector expanded at the fastest rate in three months in July, although faster growth in new business was driven mainly by companies cutting prices again, surveys showed on Thursday.

24 Jul 2014

Euro zone June inflation unchanged at low levels as expected

BRUSSELS - Euro zone inflation stayed low as expected in what the European Central Bank calls the "danger zone" in June as falling prices of food and phone calls offset more expensive tobacco and restaurants, data showed on Thursday.

17 Jul 2014

BES slide, tumbling German sentiment hit markets

LONDON - European stocks and the euro fell on Tuesday after shares in Portugal's biggest listed bank hit a record low, while a plunge in German economic sentiment pushed up borrowing costs for some peripheral euro zone countries.

15 Jul 2014

EU's Juncker says countries should get incentives to reform, warns on U.S. trade pact

STRASBOURG France - Euro zone countries should get financial incentives if they make ambitious economic reforms, the designated candidate to become the president of the European Commission said on Tuesday.

15 Jul 2014

Stocks recover poise, Citi settles fines

LONDON - Stock markets rose on Monday as investors put aside concerns about euro zone banks and looked forward to corporate earnings and a raft of global economic events, including testimony from the head of the U.S. Federal Reserve.

14 Jul 2014

Euro zone industry stumbles in May, recovery still frail

BRUSSELS - Euro zone industrial production dropped sharply in May with only the energy sector thriving, another sign that the bloc's economic recovery remains fragile.

14 Jul 2014

Political novice wins power in Slovenia, hints at revisiting economic reform plan

LJUBLJANA - Center-left political novice Miro Cerar led his party to victory in Slovenia's election on Sunday, indicating he would rewrite a reform package agreed with the European Union to fix the euro zone member's depleted finances.

13 Jul 2014

Draghi urges euro zone states 'to be sovereign together'

LONDON - European Central Bank President Mario Draghi urged euro zone states to respect their joint fiscal rules and extend their cooperation to economic reforms, telling governments they must "learn to govern together".

09 Jul 2014
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BSkyB to pay $9 billion to create Sky Europe

LONDON/PARIS - Britain's BSkyB has agreed to pay $9 billion to buy the Rupert Murdoch's pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers. | Video

French Jews living in fear, minister says

PARIS - Many members of France's Jewish community are living in fear after pro-Palestinian protests in recent weeks were marred by violence and use of anti-Semitic language, the country's foreign minister said on Thursday.

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Death row Christian woman flies out of Sudan, meets Pope

ROME/KHARTOUM - A Sudanese woman who was sentenced to death for converting from Islam to Christianity, then detained after her conviction was quashed, flew into Rome on an Italian government plane on Thursday and hours later met the Pope. Mariam Yahya Ibrahim, whose sentence and detention triggered international outrage, walked off the aircraft cradling her baby and was greeted by Italian prime minister Matteo Renzi.

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