Latest Europe Business News
RSS-
European car sales slow down to 20-year low in May
New car registrations dropped 5.9pc, 1.08 million vehicles from 1.15 million a year earlier, the Brussels-based European Automobile Manufacturers' Association (ACEA), said.Deliveries in Germany dropped 9.9pc. Sales declined 10pc in France, 8pc in Italy and 2.6pc in Spain.Demand in the UK rose 1pc, however. Car sales hit the lowest monthly level since 1993.The ACEA compiles data for the ...
-
Afghan Taliban say they killed 4 U.S. troops
View Photo Associated Press/Ahmad Jamshid - Top U.S. military commander in Afghanistan, Joseph Dunford, talks to media representatives at the ISAF headquarters in Kabul, Afghanistan, Tuesday, June, 18, 2013. Dunford ...
-
Ohio woman accuses 3 of holding her captive
authorities she was held captive for more than a year by three people who forced her to do housework, raided her bank account and menaced her with snakes ...
More Europe Business News
RSS-
Protesters out again in Brazils biggest city
SAO PAULO (AP) -- Tens of thousands of Brazilians again flooded the streets of the country's biggest city to raise a collective cry against a longstanding lament - people are weighed down by high taxes and high prices but get low-quality public services and a system of government infected with ...
-
Turkeys standing man to join ranks of icons
The image was stark (AP) -- a silent, solitary figure standing in passive defiance to the Turkish prime minister's demand for protesters to clear Taksim Square in central ...
-
Investors look for answers on economy from Fed
In this Wednesday, May 22, 2013 photo, Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington. The Federal Reserve ends a policy meeting Wednesday, June 19, 2013. Investors have been nervously speculating that the Fed will soon scale back its economic stimulus and send interest rates up and stock prices down. (AP Photo/Manuel Balce ...
-
G8 leaders are smart – but also casual
THERE was a lot of casual enforcement going on at the G8 in Fermanagh - look relaxed, don't wear a tie, and certainly don't object if you don't want ...
-
Only the gift shop tills are ringing out as locals steer clear of ghost town
Camera crews wandered aimlessly through the pretty streets of the Fermanagh county town looking for another angle.But there were few shoppers - and even the police seemed to have melted away into the background as the summit at the Lough Erne Golf Resort came to an end.There were some exceptions to the rule when it came to business - at the town's hairdressing salons and in the gift ...
-
Cyprus Calls for Bailout Overhaul to Save Economy
Cyprus' president has asked euro zone leaders for a complete revamp of his country's 10 billion euro ($13.4 billion) bailout, warning Nicosia may not be able to meet the rescue's current terms because it has harmed the country's economy and banking system even more than expected. In a letter sent last week and obtained by the Financial Times, Nicos Anastasiades wrote that the ...
-
Boeing to Airbus Weve Got You Boxed and Bracketed
Boeing 's Dreamliner meet its new challenger in the form of the Airbus A350, the U.S. firm maintains that the new European aircraft will not affect its share of the wide body market, claiming: "We've got them boxed and bracketed." Randy Tinseth, vice president of marketing for Boeing Commercial Airplanes, was speaking on a day that saw strong orders for Boeing's ...
-
Reckless Bankers Should Face Jail UK Lawmakers
Britain should introduce laws making it possible to jail "reckless" bankers and claw back past bonus and pension awards, an influential panel of lawmakers said on Wednesday. The Parliamentary Commission on Banking Standards, set up by the government last year ...
-
Obama to renew calls for nuclear reductions
View Photo Associated Press/Evan Vucci - President Barack Obama listens to French President Francois Hollande during the G-8 summit at the Lough Erne golf resort in Enniskillen, Northern Ireland, Tuesday, June 18, ...
-
James helps Heat stave off elimination in Game 6
View Photo Associated Press/Lynne Sladky - San Antonio Spurs guard Tony Parker (9) and Miami Heat forward LeBron James (6) collide during the second half of Game 6 of their NBA Finals basketball series, Tuesday, ...
-
Euro hits four-month high following Draghi’s hawkish tone
Euro hit a four-month high versus the U.S dollar on Tuesday’s European trading session, after ECB’s President Mario Draghi said the central Bank will not hesitate to use interest rates and non-standard measures to help repair the Eurozone ...
-
Suretank targets €50m sale of business
Louth-based Suretank Group Limited is in discussions with a Norwegian private equity firm to sell itself. The deal is expected to be confirmed before the end of this month. If it goes through, it will create a windfall for company founder Patrick Joy, who founded the company in the early 1990s. The firm specialises in making storage containers, and cryogenics for the offshore oil and gas ...
-
Mixed day for ISE with slight rise
By the close in Dublin, the ISEQ Overall Index was up 0.3pc or 12.95 points to end the day at 3930.87.The Dublin market had a mixed day of peaks and troughs.The leaders included the state's two big banks ...
-
Ulster Bank fly in Osborne ointment
An "important provision" is that taxpayers who rescued the banks in 2008 get their money back, Mr Osborne said in an interview with BBC Radio 4 yesterday."Absolutely at the heart of this is my determination that we have a banking system that works for the British economy rather than an economy that supports the banking system, which is what we inherited," he said.The comments ...
-
Obama seeks new Federal bank chief
Mueller , the head of the FBI - where he's already stayed a lot longer than he wanted or he was supposed to," Obama said.Asked whether he would reappoint Mr Bernanke if he wanted to keep the job, Mr Obama did not answer directly."He has been an outstanding partner, along with the White House, in helping us recover much stronger than, for example, our European partners, from what ...
-
Liberty joins Vodafone in race for Kabel takeover
John Malone who snapped up an EUR8m castle in Co Wicklow earlier this year.The company reportedly joined the race for KDG yesterday with an EUR85 a share offer, according to a person familiar with the matter, days after the British mobile company said it was in talks about a deal.Vodafone wants to buy the cable company so that it can offer TV, fixed line and broadband to more of its mobile ...
-
Spurs and Heat tied at 95 to OT in Game 6
By JON KRAWCZYNSKIAP Basketball Writer MIAMI (AP) - LeBron James shrugged off a poor start to get 30 points, nine assists and eight rebounds and Ray Allen hit a 3-pointer with 5.2 seconds to play that helped put Game 6 of the NBA Finals between the Miami Heat and San Antonio Spurs into overtime tied at 95 on Tuesday night. James missed nine of his first 12 shots, but scored 16 points in the ...
-
Police visit home of Patriots tight end Aaron Hernandez
FILE - In this Dec. 10, 2012, New England Patriots tight end Aaron Hernandez (81) holds his helmet as he steps onto the field before a game between the New England Patriots and the Houston Texans in Foxborough, Mass. (AP Photo/Steven Senne, ...
-
Selma Blair abruptly exits Anger Management
Charlie Sheen sitcom "Anger Management." In a statement Tuesday, producer Lionsgate says the actress won't be returning to the FX comedy. The company says it wishes her "the very best" but has no further comment. Blair's departure comes while the comedy is about halfway through completing its 90-episode order from FX. The actress's publicist didn't ...
-
Duncans 25 gives Spurs halftime lead in Game 6
Miami Heat in Game 6 of the NBA Finals on Tuesday night. Duncan made 11 of 13 shots in a performance straight out of 2003 and Kawhi Leonard added 10 points and five boards ...
-
3 charged with enslaving disabled Ohio mom child threatening them with snakes dogs no food
This undated photo released by the Department of Justice shows Daniel Brown. Authorities in Ohio have arrested three people, including Brown, on charges of enslaving a mentally disabled young mother and her daughter over a two-year period. Federal agents and Ashland police said Tuesday, June 18, 2013 the trio forced the woman to do housework, threatened her and the girl with violence and fed ...
-
CBO Senate Immigration bill would help economy
People shout out against the Strengthen and Fortify Enforcement Act in the hall outside the House Judiciary Committee hearing on Capitol Hill in Washington, Tuesday, June 18, 2013. The committee in the Republican-led House is preparing to cast its first votes on immigration this year, on a tough enforcement-focused measure that Democrats and immigrant groups are protesting loudly. (AP ...
Europe Focus
-
US nuclear missles in Europe remain poised for a war that will never come
The United States and Russia recently signed a new landmark nuclear non-proliferation treaty called START in March and the US in early May followed up its non-proliferation goals by making the unprecedented step of publicly declaring how many nuclear weapons it had – just over 5,113 in total, though many of them are in storage and would take time to be deployed.
That is a vast reduction compared to the total arsenal the country possessed at the height of the Cold War in 1967, the number at that time was 31,225, according to reports by European news media. Read more
News from around our Network
