Economy

Greek coalition avoids collapse over TV shutdown
The Greek government has avoided collapsing over a dispute stemming from Prime Minister Antonis Samaras' move to close the state-owned television ...
Porsche family buys back stake from Qatar fund
Descendants of German automobile entrepreneur Ferdinand Porsche have bought back a 10 percent stake in their holding company from Qatar's sovereign ...
Paris Air Show peek: Wide-body battle and drones
The Paris Air Show, which opens for business on Monday, brings hundreds of aircraft to the skies around the French capital, the usual tense ...
Cyprus court hands life sentence to ex-TV host
Cyprus' criminal court on Thursday sentenced a former television presenter, her brother and two other men to life in prison after finding them guilty ...
RBS shares drop following CEO departure
Royal Bank of Scotland's share price fell amid uncertainty about the future following the announcement that chief executive Stephen Hester was leaving ...
EU presents post-Fukushima nuclear safety rules
The European Commission proposed tougher nuclear safety rules Thursday, amid international debate about the future of nuclear energy and how to secure ...
Vatican credit stop emblematic of finance woes
The Vatican put a new coin on sale last week to commemorate its historic papal transition. Too bad overseas collectors won't be able to buy it for ...
France hit by train strike after airport action
After two days of air traffic controller strikes, French rail workers walked off the job Thursday to protest a reorganization of the national rail and ...
Irish price rises ease to 3-year low of 0.4 pct
Government statisticians say Ireland's average cost of goods and services has risen by 0.4 percent, the lowest annual rate of inflation in three years
Fiat: supplier delays will force shutdowns
Italian carmaker Fiat says it will temporarily stop production at some European car plants in the coming days due to insufficient deliveries of ...
Norway gives 29 companies Arctic oil, gas licenses
Norway has given companies new licenses to explore and drill for oil and gas off its coast, mainly in the Barents Sea in the Arctic region.
BP: Global demand for energy slows
Global demand for oil, gas, coal and nuclear power grew at a slower pace last year due to weak economic growth, recession and increased efficiency, ...
Vodafone makes approach for German cable company
Mobile phone company Vodafone has approached Germany's biggest cable operator about a possible takeover. Vodafone said Wednesday It has had ...
UK unemployment falls slightly
Official government figures show that UK job market recovered slightly, with unemployment falling by 5,000 between February and April. The Office for ...
Zara owner sees lowest Q1 profit growth in 4 years
Spanish clothes retailer Inditex, which owns the Zara store chain, is blaming currency fluctuations for its lowest first-quarter growth in four years.
SAS airline Q2 loss narrows to $59 million
Scandinavian airline group SAS says its second-quarter net loss narrowed to 388 million kronor ($59 million) from 429 million kronor a year earlier ...
Central bank: Finland in recession through 2012
The Finnish central bank says Finland's economy is in worse shape than earlier believed and that the recession will continue through 2012. The bank's ...
French strike leads protest of EU air travel plan
Air traffic controllers in France kicked off a series of strikes against a European plan to overhaul their industry, forcing the country's main ...
Judge sides with GM, dismisses Spyker lawsuit
A U.S. judge has dismissed a $3 billion lawsuit filed by Dutch car maker Spyker against General Motors Co. Spyker sued GM in August, accusing it of ...
Iran: Bushehr nuclear plant has generator problem
Iran's Russian-built nuclear power plant has had an electric generator malfunction, an Iranian official said Monday. The flaw at the Bushehr plant ...
World ski body tightens rules on betting sponsors
The International Ski Federation has tightened its rules on accepting sponsorship by gambling operators. The governing body says "title and presenting ...
Victims of Saddam-era gas attack seek French probe
Twenty victims of Saddam Hussein's 1988 chemical weapons attack on the Kurdish town of Halabja, requested a judicial investigation of French suppliers ...
France Telecom CEO questioned in corruption case
The chief executive of France Telecom-Orange is being held for questioning in a corruption case that has also involved International Monetary Fund ...
Dutch central bank says deficit set to worsen
The Netherlands' central bank is warning that unless the Dutch government cuts spending, the country's budget deficit will widen from 3.5 percent of ...
Swedish male train drivers wear skirts to work
Commuters on a train line in northern Stockholm were met with an unusual sight this week: male train drivers and conductors wearing skirts to work.