Latest Europe Business News
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Eurozone debt crisis not out of the woods yet
Along with just about every other risk asset, the debt of the weaker members of the euro has sold off in recent weeks, hit by rising yields in higher-rated government bonds and a general pullback from bonds. If markets regain their equilibrium, that's all it may turn out to be - a short sell-off in sympathy with global markets. Arguably few markets, however, have as much to lose from an ...
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Dublin gains but EU stocks fall on fears of Feds next move
IRISH stocks were up yesterday, avoiding the losses seen across much of Europe as investors awaited the Federal Reserve's policy meeting and indications on the future of US stimulus ...
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Ryanair eyes up new-generation Boeing 737 Max order
Ryanair said a team that it set up to evaluate Boeing's 737 Max model will report back by the end of September, paving the way for an order that might run to more than 200 of the narrow-body ...
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Summer boost in sales at HM a better fit for investors
H&M's June sales are off to a good start, providing some respite for investors after profits in the first months of the year fell more than expected. Revenues at Europe's second-largest clothing retailer between June 1 to June 17 rose 14pc compared with a year ...
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Vodafone raises offer for German cable firm to €7.5bn
VODAFONE, which has more Irish shareholders than any other company, has intensified its efforts to buy Germany's largest cable company Kabel ...
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George Osborne Renews Backing for Bank Competition
George Osborne renewed his commitment to promote more competition in retail banking on Wednesday and asked the UK's antitrust regulator to assess what effect mandatory branch sales ...
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Refugees Still in Tents IKEA Has a New Idea
Nothing says misery like a hot tent in a refugee camp. That's especially true when a family spends year after year under a triangle of canvas meant to last only six months. More than six decade after the United Nations passed a convention pledging to protect refugees, very little has changed about the way they are sheltered - until now. The IKEA Foundation, the philanthropic arm of the ...
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AP PHOTOS The career of James Gandolfini
View Photo Associated Press/HBO, Will Hart, File - This undated photo, provided by HBO, shows James Gandolfini, as Tony Soprano, left, Robert Iler, as Anthony Soprano Jr., right, and Edie Falco as Carmela Soprano in ...
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Blackhawks lead Bruins 4-3 after 2nd of Game 4
View Photo Associated Press/Elise Amendola - Chicago Blackhawks left wing Brandon Saad, center, celebrates a goal by Blackhawks center Michal Handzus, right, in front of Boston Bruins defenseman Zdeno Chara (33) ...
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UPDATE 4-Actor James Gandolfini star of The Sopranos dies in Italy
Wed Jun 19, 2013 10:54pm EDT (Adds actor's planned attendance at Sicily film festival, more reaction) By Piya Sinha-Roy and Steve Gorman LOS ANGELES, June 19 (Reuters) - James Gandolfini, the burly actor best known for his Emmy-winning portrayal of a conflicted New Jersey mob boss in the groundbreaking cable TV series "The Sopranos," died on Wednesday vacationing in Italy. He was ...
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Euro ministers to decide direct bank recapitalisation rules on Thursday
By Jan StrupczewskiBRUSSELS (Reuters) - Euro zone finance ministers will decide on Thursday when and how their bailout fund can invest in a bank to save it from failure, laying a cornerstone of the banking union seen as vital to restore economic growth.Ministers from the 17 countries using the euro will also set guidelines for how much a government would have to contribute to such a bank rescue, ...
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Body found near Patriots home was homicide victim
State police returned to the home of New England Patriots tight end Aaron Hernandez on Wednesday, two days after a body was found about a mile ...
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10 Things to Know for Thursday
KERRY TRIES TO GET AFGHAN TALKS BACK ON TRACK He calls Karzai twice in 24 hours, trying to sooth the Afghan leader's anger over the Taliban's high-profile opening of an office in Qatar. 4. STUDENTS, TAKE NOTE A compromise taking shape in the Senate would prevent interest rates on student loans from doubling on July 1. 5. HOW OBAMA PLANS TO WIELD HIS EXECUTIVE POWERS Fulfilling a ...
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Few options for Brazil leader in face of protests
President Dilma Rousseff has tried to placate the largely middle-class crowds by supporting their right to protest, and the Sao Paulo municipal government has rescinded the 10-cent hike in bus and subway fares that sparked the demonstrations in the first place. But as the protests grow even bigger, with two major marches called for Thursday, the Brazilian government seems at a loss over how to ...
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Homes evacuated as new Colo. wildfire erupts
June 18, 2013, in Colorado Springs, Colo. Residents were allowed back into the area for a short period of time to view the properties that sustained the most damage from the fire. The Black Forest Fire, the most destructive wildfire in Colorado history, has destroyed 502 homes and charred more than 22 square miles. It was 85 percent contained Tuesday. (AP Photo/The Colorado Springs Gazette, ...
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Compromise among senators eyed on border security
legal status to immigrants living in the United States unlawfully while the additional security was being put into place. No green cards -- signifying permanent residence status -- could be issued to them until the plan was fully implemented. The officials spoke on condition of anonymity, saying they were not authorized to disclose terms of a plan that was not yet finalized. If agreed to, the ...
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FBI says it uses surveillance drones on U.S. soil
FBI Director Robert Mueller gestures at the U.S. Senate Judiciary Committee at an oversight hearing about the Federal Bureau of Investigation on Capitol Hill in Washington, June 19, ...
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Obama making plans to tackle global warming
WASHINGTON -; President Barack Obama is planning a major push using executive powers to tackle the pollution blamed for global warming in an effort to make good on promises he made at the start of his second ...
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Brazil officials reverse subway bus fare hike
A demonstrator holds up a Brazilian flag in front of a group of protestors gathered in the main plaza of Sao Paulo, Brazil, Tuesday, June 18, 2013. Some of the biggest demonstrations since the end of Brazil's 1964-85 dictatorship have broke out across this continent-sized country, uniting multitudes frustrated by poor transportation, health services, education and security despite a heavy ...
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FBI ends Michigan search for Hoffas remains
View Photo Associated Press/Carlos Osorio - Investigators stand at the scene in Oakland Township, Mich., Wednesday, June 19, 2013 where officials attempt to restore the field to its natural condition after the FBI ...
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Two arrested after €150k drugs seizure in Cork
Two men have been arrested following a drugs seizure in Co Cork.Garda stopped and searched a car close to an area known as Halfway in Ballinhassig outside of Cork city earlier today and recovered 25kg of cannabis resin with an estimated street value of EUR150,000.The two occupants of the car, a local man in his early 40's and a man in his 30's from Dublin, were arrested at the scene. ...
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Housing Authority with €2 million deficit carcinogenetic particles found at SVPR dental clinic
Pensions, residential homes, social housing and disability issues dominate consultation meeting with Family Minister Marie Louise Coleiro Preca and parliamentary secretary for the elderly Franco ...
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Deen says she used slur but doesnt tolerate hate
SAVANNAH, Ga. - Celebrity cook Paula Deen says she has used racial slurs in the past but insists she and her brother, who are accused of racial and sexual discrimination in a lawsuit by a former manager of their restaurant, don't tolerate hateful behavior.In a court deposition filed Monday in federal court, an attorney for former restaurant manager Lisa Jackson presses the 66-year-old Deen ...
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Dollar gains against the euro and the yen in Feds wake
The U.S. dollar reversed earlier losses and rose against the euro and yen on Wednesday after the Federal Reserve's Federal Open Market Committee said it sees the downside risks to the outlook for the economy and the labor market as having diminished since the fall. . NEW YORK, June 19 The FOMC also ...
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Obamas job approval rating slips
President Barack Obama smiles during a dinner hosted by German Chancellor Angela Merkel (not pictured) at the Chralottenburg … President Barack Obama's job approval rating slipped slightly to 49 percent in June, not much changed despite controversies over National Security Agency surveillance and the IRS targeting of conservative groups, according to a new poll from the non-partisan ...
Switzerland Featured
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Switzerland world's most competitive country
Switzerland is frequently pointed to as a model of good governance, prosperity, innovation and stability and is one of the happiest countries in the world. The recent competitive survey by the WEF underscored this, but came with a warning.
Switzerland truly is an impressive country, landlocked and small with no natural resources; it has developed into one of the richest countries in the world and was recently named the most competitive economy in the world. This is due in large part to its banking sector, which is one of the most advanced and its government structure, which is efficient in comparison to many other developed countries. Read more
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