UK sets record for car exports in 2012
An auto industry group says British factories set a record for car exports in 2012 with 1.2 million shipped abroad. The Society of Motor Manufacturers ...
Oil falls to $94 on US supply report
The price of oil fell to $94 a barrel Thursday amid ample supplies as traders awaited the latest reading on growth in the Chinese economy.
Asia stocks rise on signs of improving US economy
Asian stock markets rose Thursday after a Federal Reserve survey found the U.S. economy improved in 2012 and earnings from a handful of big banks far ...
Egypt's Morsi tries to defuse flap over Jews slur
Egypt's Islamist president sought Wednesday to defuse Washington's anger over his past remarks urging hatred of Jews and calling Zionists "pigs" and ...
Germany to bring home gold stored in US, France
In what sounds like the setup for a stylish Hollywood heist movie, Germany is transferring nearly 700 tons of gold bars worth $36 billion from Paris ...
Iran president: Sanctions fight requires oil shift
President Mahmoud Ahmadinejad said Wednesday Iran must move away from dependence on oil revenue to overcome Western sanctions that have slowed the ...
Cyprus off Russia's investment 'black list'
Russia has removed Cyprus from a so-called black list of countries which Moscow discourages investment in, the Cypriot finance ministry said ...
European leaders headlining annual forum in Davos
Promoting measures to get the global economy out of its crisis mode will be the focal point of next week's annual gathering of world leaders and power ...
Stormy issue of Sandy aid settles down in House
The political tempest stirred up by Superstorm Sandy appears to have moved on after wreaking havoc among congressional Republicans divided over how ...
Spanish tourist visitors up by 1 million in 2012
The number of tourists visiting recession-stricken Spain rose by one million people, or 3 percent, in 2012. Industry, Energy and Tourism Minister Jose ...
Oil slips as Germany cuts 2013 growth forecast
Oil prices slipped closer to $93 a barrel Wednesday, as Germany cut its 2013 growth forecast. By early afternoon in Europe, benchmark oil for February ...
Germany more than halves 2013 growth forecast
The German government on Wednesday more than halved its economic growth forecast for this year to just 0.4 percent, evidence that the financial crisis ...
Bailed-out Portugal raises $3.3 BN in debt auction
Portugal has raised €2.5 billion ($3.3 billion) in a debt auction that featured solid demand and lower interest rates, easing the country's financial ...
PM hopes Ireland to leave bailout this year
Ireland's Prime Minister says he is determined that his country will exit its international bailout program before the end of the year and return to ...
Panetta: No US troops on the ground in Mali
Defense Secretary Leon Panetta said Tuesday that the U.S. has ruled out putting any American troops on the ground in Mali, but officials are hoping ...
Cypriot central bank chief rules out debt haircut
Cyprus' central bank chief has ruled out writing down the government's debt as part of an international bailout currently being negotiated, insisting ...
German economy shrank in Q4 in face of euro crisis
Germany's economy has fallen victim to economic problems hitting the rest of the eurozone and shrank in the fourth quarter of 2012, preliminary ...
Israel's Labor head poised to be Netanyahu gadfly
Just seven years after quitting her job as a high-profile media commentator, the leader of Israel's Labor Party appears to be on track to become head ...
Report: Germany to repatriate gold from US, France
Germany's central bank will repatriate some of its massive gold reserves stored in vaults in the United States and in France, a business daily ...
Fitch warns it may downgrade US over debt standoff
The United States could lose its top credit rating for the second time from a leading agency if there's a delay in raising the country's debt ceiling, ...
Fitch cautiously optimistic over euro debt crisis
The worst of Europe's debt crisis is probably over and the odds are that no country will drop out of the euro. That, at least, is the view that the ...
Portugal introduces tax hikes despite outcry
Portugal's government has published new tax tables that further cut the income of workers and pensioners — the bailed-out country's latest austerity ...
Oil slips below $94 on lower growth in Germany
The price of oil slipped below $94 a barrel Tuesday due to concerns about weakening economic growth in Germany and expectations of a rise in U.S.
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