Thu, 29 Jul 2010 10:10:20 GMT
Reuters - Euro zone economic sentiment rose strongly in July, buoyed by figures from Germany that point to a recovery as the currency area overcomes the sovereign debt crisis, but the outlook remains uncertain.
Thu, 29 Jul 2010 10:02:25 GMT
AP - Germany's unemployment rate edged up slightly to 7.6 percent in July from 7.5 percent the previous month as summer vacations started, but the labor market is still on the road to recovery, new data showed Thursday.
Thu, 29 Jul 2010 09:59:52 GMT

A worker welds on a production line at the French auto group Renault's Blainville-sur-Orne trucks plant, northern France. Business and consumer confidence in the 16-nation eurozone jumped in July to its highest level in more than two years, driven by regional powerhouse German, the European Union said Thursday.(AFP/File/Mychele Daniau)AFP - Business and consumer confidence in the 16-nation eurozone jumped in July to its highest level in more than two years, driven by regional powerhouse German, the European Union said Thursday.


Thu, 29 Jul 2010 09:45:07 GMT

French labor minister Eric Woerth leaves the  Elysee Palace following the weekly cabinet meeting in Paris, Wednesday July 28, 2010.  Eric Woerth is next to be questioned by police in connexion with the Bettencourt affair, after the Cabinet gave its formal approval to a request by the prosecutor's office.(AP Photo/Remy de la Mauviniere)AP - Financial police are questioning Labor Minister Eric Woerth about his connection to the heiress of the L'Oreal cosmetics fortune in a scandal that has reached the highest levels of President Nicolas Sarkozy's government.


Thu, 29 Jul 2010 09:33:00 GMT
AP - Economic sentiment in the 16 countries that use the euro is at its highest level for over two years, the European Commission said Thursday.
Thu, 29 Jul 2010 09:32:32 GMT
AP - British Prime Minister David Cameron worked to deepen his nation's ties with India on Thursday, using his trip to the former colony turned rising regional power to rake in millions of dollars in new business for the struggling British economy.
Thu, 29 Jul 2010 08:37:47 GMT

Truck drivers greet a protest organizer on a highway, near Athens, on Wednesday, July 28, 2010. The government issued a rare emergency order to force drivers back to work under threat of prosecution to end acute fuel shortage that had caused factory closures and limited food shortages.  (AP Photo/Petros Giannakouris)AP - Greek police used tear gas Thursday to disperse protesting fuel-truck drivers, whose strike is hurting tourism and industry, after the government issued an emergency order to force them back to work.


Thu, 29 Jul 2010 08:11:06 GMT
AP - Second-quarter profits at BASF SE more than tripled as a recovering global economy boosted demand and industry restocked inventories after the recession, the chemicals company said Thursday.
Thu, 29 Jul 2010 07:30:37 GMT
AP - A strong increase in orders in a recovering economy helped push earnings at Siemens AG 9 percent higher in the most recent quarter, the industrial conglomerate said Thursday.
Thu, 29 Jul 2010 07:27:27 GMT

London's leading shares rose slightly at the start of trading on Thursday as positive corporate earnings figures countered weak US economic data.(AFP/File/Carl de Souza)AFP - London's leading shares rose slightly at the start of trading on Thursday as positive corporate earnings figures countered weak US economic data.


Wed, 28 Jul 2010 16:45:38 GMT

Leading shares in London faltered on Wednesday after weak US data raised fresh doubts over the strength of the economic recovery, dealers said.(AFP/File/Shaun Curry)AFP - Leading shares in London faltered on Wednesday after weak US data raised fresh doubts over the strength of the economic recovery, dealers said.


Wed, 28 Jul 2010 14:08:49 GMT

A man watches an electronic stock indicator in Tokyo, Japan, Wednesday, July 28, 2010. Japan's benchmark Nikkei 225 stock average outpaced Asia's gains with a 1.9 percent jump to 9,675.47 after laser printer and digital camera marker Canon reported that quarterly earnings more than quadrupled. (AP Photo/Shizuo Kambayashi)AP - An unexpected decline in U.S. durable goods orders during June weighed on stock markets Wednesday as it reinforced concerns that the recovery in the world's biggest economy is rapidly running out of steam.


Wed, 28 Jul 2010 10:27:41 GMT
AP - The governor of the Bank of England said Wednesday that the need to stimulate the economy still takes precedence over concerns about high inflation at a time when the outlook for the global economy remains uncertain.
Tue, 27 Jul 2010 16:01:42 GMT
AP - FEELING BETTER: A new GfK institute survey shows German consumer confidence is up strongly, rising to 3.9 points for August from 3.6 points in July. That's its highest level since November 2009.
Tue, 27 Jul 2010 13:29:59 GMT
AP - Seeking to win a key ally outside Washington and a booming business partner to spur Britain's fragile economic recovery, British Prime Minister David Cameron heads to India on Tuesday to lead his country's most brazen charm offensive in decades.
Tue, 27 Jul 2010 10:46:38 GMT
AP - Britain's financial regulator has banned the former finance director of mortgage lender Northern Rock — the country's first major casualty of the global credit crunch — and fined him 320,000 pounds ($500,000) for misreporting figures on loan arrears.
Tue, 27 Jul 2010 16:00:03 GMT

The logo of Swiss bank UBS is pictured in front of the Swiss Federal Palace in Bern March 18, 2010. REUTERS/Michael BuholzerReuters - UBS flagged a return to client inflows this year as strong equities and forex trading gains helped it outdo Deutsche Bank (DBKGn.DE) and other rivals, which were hit hard by Europe's sovereign debt crisis.


Mon, 26 Jul 2010 21:55:11 GMT

FILE - In this file photo taken June 29, 2010, Joseph Quaglieri, a trader with Kellogg Capital, looks at a trading monitor from the floor of the New York Stock Exchange. Stock futures traded in a narrow range Monday, July 26, 2010, as investors put a recent rally on pause and European markets reacted coolly to tests measuring the health of the continent's banking system.(AP Photos/Bebeto Matthews, file)AP - The Dow Jones industrial average gained more than 100 points for the third straight day Monday after traders got some unexpected good news about the economy.


Mon, 26 Jul 2010 12:25:27 GMT

A stock broker trades at the stock exchange in Frankfurt in 2009. Scepticism over European banking-sector stress tests, which have cleared all but seven European lenders, cast a shadow over the continent's stock markets on Monday.(AFP/DDP/File/Thomas Lohnes)AFP - Scepticism over European banking-sector stress tests, which have cleared all but seven European lenders, cast a shadow over the continent's stock markets on Monday.


Mon, 26 Jul 2010 10:03:35 GMT

A man looks at a display board showing stock market prices inside a brokerage in Taipei May 25, 2010. REUTERS/Nicky LohReuters - Robust U.S. company earnings and surprisingly vigorous euro zone economic data generally trumped investor skepticism about European bank stress tests on Monday to lift global stocks and bolster the euro against the dollar