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September, 26, 2016

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Business > Europe
European stock markets rebounded on Tuesday, with some support coming from slightly improving eurozone data.
The leaders of Italy, France and Germany insisted Monday that Britain's shock decision to quit the European Union would not kill the bloc.
Eurozone economic activity edged higher in August with few signs that Brexit-linked dangers were yet hurting the European economy, a closely watched survey showed Tuesday.
Lithuania says it has signed a contract to purchase dozens of German military vehicles worth 386 million euros (US$437 million), in the Baltic country's largest weaponry purchase to date.
Eurozone stock markets rose Monday looking ahead to a key meeting of central bankers at the end of the week, but London retreated on heavy falls for heavyweight mining shares.
The leaders of Italy, France and Germany meet Monday to lay the groundwork for a summit aimed at salvaging the European project in the wake of Britain's shock vote to leave.
The latest European challenge to the all-powerful U.S. credit ratings agencies doesn't come from the continent's financial capital Frankfurt -- but Berlin, better known for raves than banking.
The German central bank's call for people to work until age 69 has reignited a fierce debate in Europe's fast-aging top economy, with analysts backing it while politicians show their opposition ahead of key elections.
Bag to school
A mother with her children buys school supplies on Thursday, Aug. 18 at a supermarket in Englos, France, ahead of the start of the new school year. The average back-to-school costs will remain stable this year, at US$215.33 for a child entering the first year of secondary school, revealed the Families de France, Wednesday, Aug. 17.
Red as a beet
Members of the French Communist Party sell fruits and vegetables on Thursday, Aug. 18 at an annual market in Paris organized by the Defense Movement for Family Producers in response to what it says are unfair margins taken by the retail industry.
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