Wednesday, March 4, 2015
German retail sales, a closely watched measure of household confidence, rose strongly in January, official data showed on Wednesday.
Tuesday, March 3, 2015
The eurozone's fall in consumer prices eased while jobless figures fell slightly Monday, but the modest improvements were not enough to reduce fears of a deflationary spiral.
The entrance to the former perfume shop on a busy street in Donetsk now features a Kalashnikov-toting guard, a clear sign of the clandestine nature of the premises' new business.
Monday, March 2, 2015
The European Central Bank will unveil the details of the bond purchase program it is embarking on later this month at its next meeting, but is unlikely to announce any new policy measures, analysts said.
Four weeks from the lifting of European Union milk quotas, Ireland is looking forward to a radical shake-up of its farming sector that would boost dairy output by 50 percent over the next five years.
Lithuania said Saturday it had signed a trade agreement to buy liquified natural gas from the United States in a move aimed at reducing the EU Baltic state's heavy dependence on Russian gas deliveries.
The front end of McLaren's brand new P1 GTR seems to form a knowing smirk, a pointer perhaps towards the race-track ready motor powering this US$2 million dream car.
Saturday, February 28, 2015
Cash-strapped Ukraine sought to buy time in its effort to ensure continued gas supplies from Russia, making a US$15 million payment to Moscow on Friday as it waits for international rescue loans to arrive.
Friday, February 27, 2015
Germany's economy, Europe's largest, is showing more signs of strength, with new figures released Thursday showing consumer confidence at a 13-year high and unemployment declining further.
Sunday, February 22, 2015
Moody's cut Russia's debt rating by one notch into “junk” territory Friday, saying the Ukraine crisis and the fall in oil prices and the ruble will further undermine Russia's economy.