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December, 8, 2016

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Business > Europe
Ford's U.S. sales fell 12 percent in October, a steeper-than-expected drop that lowered the overall industry's sales.
 
Media-entertainment group 21st Century Fox said Wednesday profits in the past quarter rose with its Fox News Channel helped by a busy U.S. election campaign.
 
Uber on Wednesday began rolling out an overhauled smartphone application that uses artificial intelligence in a bid to speed up and improve the ride-sharing experience.
 
The European Central Bank's easy-money policy has let eurozone governments delay key reforms, a German expert panel said Wednesday, urging the Frankfurt institution to ease off the massive stimulus spending.
 
GM crops protest
An activist wearing a mask of German Environment Minister Barbara Hendricks takes part in a protest against genetically-modified crops during a protest in front of the chancellery in Berlin on Wednesday, Nov. 2.
 
A panel of economic advisers to the German government forecast Wednesday that the country's economy will grow by 1.9 percent this year, and 1.3 percent in 2017 -- a slightly slower rate for next year than previously forecast.
 
Bank of England Governor Carney to stay until 2019
Governor of the Bank of England Mark Carney put an end to speculation over his future Monday by announcing he would extend his contract for one year to 2019 to help secure an "orderly transition" to Brexit.
 
Economic growth in the eurozone remained low but stable in the third quarter as inflation rose to a 27-month high amid fears over Brexit and major elections in France and Germany.
 
EU, Canada ready to sign long-delayed trade pact
The European Union and Canada were set to sign a landmark trade pact on Sunday, ending days of drama after a small Belgian region refused to endorse the agreement and deeply embarrassed the EU.
 
Alarmed by a raft of Chinese takeovers, Germany is putting the brakes on the Asian giant's shopping spree as it sends out the message that not everything is for sale -- at the risk of antagonizing Beijing.
 
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