Economy

UCI to work with French anti-doping agency at Tour
The International Cycling Union will work with the French anti-doping agency to test riders at this year's Tour de France. The French agency, known ...
Spain Banco Santander CEO resigns
The chief executive of Spain's Banco Santander SA, Alfredo Saenz Abad, has resigned in the latest twist of a long-running legal battle. Saenz was ...
Greek unions call for mass participation in strike
Greece's two largest unions are calling for "mass participation" in a 24-hour general strike and demonstration they have called for May 1 to mark ...
2 dead, 8 missing after freighter sinks off Greece
A cargo ship sank off southern Greece within minutes of colliding with another freighter in fair weather Monday, leaving two Syrian seamen dead and ...
Germany charges 4 with sending Iran reactor parts
Federal prosecutors say they have charged three German-Iranian dual nationals and a German man with breaking export laws for allegedly supplying Iran ...
Lonely year for French president at time of crisis
The sounds of raucous protest echo in the Presidential Palace, unemployment is rising to levels not seen in over a decade, and his country's economy ...
Police say they have nabbed gang of counterfeiters
Police in the northern Greek city of Thessaloniki say they have arrested three men and a woman involved in currency counterfeiting, plus the owner of ...
Spain slashes forecasts and delays deficit targets
Spain slashed its economic forecasts Friday and said it would take two years longer than promised to cut its swollen deficit in an acknowledgement ...
Below-par US growth keeps the pressure on markets
Markets in Europe ended the week with a whimper after a surprisingly big fall in Japanese consumer prices and lower-than-expected first-quarter U.S.
Big brands rejected Bangladesh factory safety plan
As Bangladesh reels from the deaths of hundreds of garment workers in a building collapse, the refusal of global retailers to pay for strict ...
Mexican, Brazilian lead race to be next WTO chief
A Latin American is set to take the helm of the World Trade Organization after the field for the agency's next director general has narrowed to ...
Baby food shortage in Europe due to China demand
Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to ...
UN: Crisis in Greece weakening human rights action
Greece is falling behind on its human rights obligations, a senior U.N. investigator warned Friday, and he strongly criticized the "excessively rigid" ...
Merkel insists austerity part of Europe's cure
Chancellor Angela Merkel has underlined Germany's insistence that austerity is part of the solution to Europe's financial crisis but emphasized that ...
Damaged Russian ship docks with space station
A Russian cargo spacecraft has docked with the International Space Station, despite the failure of an antenna on its navigation system to deploy.
Swiss central bank keeps some gold in UK, Canada
The Swiss National Bank has for the first time disclosed where it stashes its 1,040 tons of gold, saying almost a third is kept overseas, in Britain ...
Oil slips to $93 a barrel ahead of US growth data
The price of oil slipped to near $93 a barrel Friday ahead of quarterly growth figures for the world's biggest economy. By early afternoon in Europe, ...
German mail workers win 5.7 pct raise over 2 years
German postal workers have won a 5.7 pay raise over two years in a deal that follows a string of short walkouts. It's one of several current disputes ...
ECB: lending to companies remains weak
The European Central Bank says bank lending to companies remains weak — another sign that the economy in the 17 countries that use the euro is still ...
French government cuts EADS stake
The French state has cut its stake in Airbus parent company EADS to 12 percent following the latest sale of shares, the second this month.
BASF sales up on farm chemical demand
Chemicals and oil company BASF SE said Friday its net profit fell 15 percent in the first quarter from a year ago, when one-time gains from the sale ...
Total Q1 profit hit by Canada project exit
French oil company Total said Friday that its net profit fell 58 percent in the first quarter after it took a heavy loss to pull out of a Canadian ...
Alcatel-Lucent losses mount in 1st quarter
Struggling French telecommunications equipment maker Alcatel-Lucent Friday posted a wider than expected loss for the first quarter as sales nearly ...
Cyprus further eases limits on money transfers
Cyprus significantly eased restrictions on money transfers inside and outside the country Thursday to help businesses spur a deeply slumping economy.
Russian opposition trials test legal integrity
While one Russian court imposed heavy fines on the country's only independent election-watching group and another heard contentious testimony in the ...