Economy

172 flights canceled in Duesseldorf airport strike
Scores of flights have been canceled at Duesseldorf airport after security personnel walked off the job in a one-day strike to press their demands for ...
Oil price down on Fed policy concerns
The price of oil fell slightly Monday after strong jobs growth in the U.S. sparked speculation of an earlier end to the Federal Reserve's loose ...
Latvia enjoys strongest economic growth in EU
Latvia's economy grew 5.6 percent last year — the best performance among the 27-country European Union — thanks to robust trade and manufacturing.
Portugal endures worst recession in 37 years
Portugal's statistics agency says the economy contracted 3.2 percent last year — its sharpest annual downturn since 1975. Portugal is enacting broad ...
US stock futures fall after run of Dow records
Wall Street stock futures are signaling a declining Dow after six straight days of gains that pushed the index to a series of all-time highs.
China's auto sales up 19.5 percent in Jan-Feb
China's auto sales accelerated in the first two months of this year, rising 19.5 percent over the same period of 2012 in a possible positive sign for ...
Chinese e-commerce giant Alibaba names new CEO
Alibaba Group, one of the world's biggest e-commerce companies, said Monday its executive vice president will succeed founder Jack Ma as chief ...
Dutch bankruptcies hit record in February
More Dutch companies declared bankruptcy in February than at any time since records began in 1981. The country's Central Bureau for Statistics also ...
Total restarts production after North Sea gas leak
French energy group Total says it is slowly restarting gas production in an area of the North Sea where a well sprang a leak nearly a year ago. A leak ...
German exports start the year strongly
Official figures show that German exports began the year strongly with a 1.4 percent rise in January over the previous month. Exports rose to €91.
Asia stocks rise after strong US jobs report
A strong U.S. jobs report helped propel Asian stock markets higher on Monday. The U.S. government reported that the unemployment rate fell to 7.
Time spin-off highlights risks facing magazines
From Sports Illustrated to People to its namesake magazine, Time Inc., was always an innovator. But now when the troubled magazine industry is facing ...
Qatar announces large natural gas discovery
Qatar says it has discovered as much as 2.8 trillion cubic feet of natural gas in an offshore field. Energy Minister Mohammed bin Saleh al-Sadah told ...
Stringer leaving Sony in June, hands over to Hirai
Howard Stringer, who fought to bring a divided and struggling Sony Corp. together as the Japanese electronics and entertainment company's first ...
Politicians look for credit in a rising economy
Increased hiring, lower unemployment, stock market on the rise. Who gets the credit? It's a hotly debated point in Washington, where political ...
Protesters in Tokyo demand end to nuclear power
Thousands of people rallied in a Tokyo park Saturday, demanding an end to atomic power and vowing never to give up the fight, despite two years of ...
Hedge fund manager charged in US captured in Italy
A fugitive German hedge fund manager was arrested Friday at an Italian art gallery on charges filed in Los Angeles that accuse him of orchestrating ...
Delta Air Lines CEO opposes TSA policy on knives
The head of Delta Air Lines on Friday joined the growing opposition to the Transportation Security Administration's new policy allowing passengers to ...
Job gains cut unemployment to 7.7 pct., 4-year low
The American job market isn't just growing. It's accelerating. Employers added 236,000 jobs in February and drove down the unemployment rate to 7.
Stocks gain for sixth day on strong jobs growth
A burst of hiring in February pushed stocks higher on Wall Street. The Dow Jones industrial average gained 67.58 points, or 0.5 percent, to 14,397.07.
Oil up on jobs data
The price of oil was up slightly Friday, as a strong U.S. jobs report was tempered by gains in the dollar. Benchmark oil for April delivery was up 39 ...
Fitch downgrades Italy on election uncertainty
Fitch Ratings Agency on Friday downgraded Italy's credit rating to BBB+ from A- with a warning of a further downgrade, citing the uncertainty created ...
Payrolls shore up markets at end of historic week
Markets across Europe and Asia made decent gains Friday, bringing to an end what has been a historic week that was capped with the release of ...
US wholesale stockpiles rise 1.2 percent
U.S. wholesalers boosted their stockpiles in January by the largest amount in 13 months even though their sales dropped sharply. Inventories at the ...
Fish McBites fail to spark McDonald's sales
McDonald's new Fish McBites failed to hook enough diners to get the fast-food chain's U.S. sales growing in February. The world's biggest hamburger ...