Economy

Greek farmers bring black-flag protest to Athens
Farmers from across Greece travelled to central Athens on Tuesday, waving black flags to protest austerity cuts that the country's rescue lenders say ...
Hungarian opposition radio wins another court case
Opposition broadcaster Klubradio won a favorable court ruling Tuesday in its lengthy legal battle against Hungary's media authorities, raising the ...
Lamborghini unveils $3.9 million car _ all 3 sold
Who buys a €3 million ($3.9 million) car? Not you. Lamborghini's run of the new Veneno is sold out — though it only made three. The latest in its ...
Marchionne: Europe car market recover in 2014
Fiat and Chrysler CEO Sergio Marchionne expects the European car market to begin to recover in 2014 but "a lot of it depends on the political desire ...
Renault CEO: Carmakers must push outside Europe
The European car market is going to be tough for five more years, Renault CEO Carlos Ghosn predicted Tuesday, and the only way for struggling ...
Germany's RWE to quit oil, gas production
German energy company RWE AG says it is has decided to abandon production of crude oil and natural gas and will consider options for selling its oil ...
Hyundai executive: Europe needs to close plants
A Hyundai executive says it's unclear what will happen in the European car market this year because manufacturers still haven't gotten a handle on ...
Zetsche sees European sales pick up later in 2013
Daimler CEO Dieter Zetsche remains confident that European auto sales will pick up in the second half of the year despite a slow start. Zetsche says ...
Marriott to help Ikea launch budget hotels
Ikea says Marriott International Inc. will help it open its new budget hotels across western Europe during the next five years. The Swedish company, ...
Humer to step down as chairman of Roche
Swiss drugmaker Roche Holding AG says its chairman, Franz Humer, will step down next year after 13 years. The 66-year-old Humer announced at the ...
Eurozone retail sales up more than expected
Retail sales across the 17 European Union countries that use the euro rose more than expected in January. Eurstat, the European Union's statistics ...
Glencore sees sharp fall in 2012 earnings
Commodities trader Glencore's net earnings fell 75 percent last year due to weaker sales prices and charges related to its holding in Russian aluminum ...
Ford expects some Europe market recovery in 2013
Ford Europe CEO Stephen Odell says the uncertain Italian election results "possibly didn't help" the European car market but he still expects some ...
Shell continues liquefied natural gas push in US
Royal Dutch Shell PLC is continuing its push into liquefied natural gas with plans to build two plants that will serve LNG to ships and trucks around ...
Deutsche Post profit triples in 4th quarter
Fourth-quarter earnings at mail and express delivery company Deutsche Post DHL tripled compared with figures a year earlier that were hit by one-time ...
Middle East is new global travel crossroads
It's 1 a.m. and the sprawling airport in this desert city is bustling. Enough languages fill the air to make a United Nations translator's head spin.
Forbes: Slim world's richest for 4th year in a row
Mexico's Carlos Slim remains the world's richest man for the fourth year in a row, according to Forbes, while Warren Buffett dropped out of the top ...
HSBC profit drops after money-laundering fine
The HSBC banking group saw its net profits drop nearly 17 percent in 2012, as it counted the cost of a hefty U.S. fine it paid to settle ...
Elan to start dividend linked to Tysabri royalties
Irish drugmaker Elan Corp. says it will start offering a cash dividend linked to the performance of the multiple sclerosis treatment Tysabri.
Spain's jobless hits record 5 million in February
Spain now has a record five million people registered as unemployed as the country remains stuck in recession. The Labor Ministry said Monday that the ...
World's 10 fastest-growing airports
Here's a look at the world's 10 fastest-growing airports, how many passengers they handled in 2011 and the percent increase in traffic since 2006.
Libya: Gas exports to Italy halted after clashes
Transport of natural gas from Libya to Italy through a major pipeline in the country's west was halted Sunday after clashes between tribesmen and ...
Greece, creditors to discuss public sector layoffs
Officials say talks this coming week between crash-strapped Greece and its international creditors will focus heavily on the possibility of public ...
Tamed Dragon supply ship arrives at space station
A private Earth-to-orbit delivery service made good on its latest shipment to the International Space Station on Sunday, overcoming mechanical ...
French official: No more austerity this year
France's finance minister says his government won't enact any more austerity measures this year, even though it has acknowledged it won't meet its ...