Tuesday, August 26, 2014
A fall in business confidence in Germany has added to the troubling signs about the European economy as speculation grows that the European Central Bank (ECB) may take further action to keep the recovery from stalling completely.
Monday, August 25, 2014
Shoppers risk paying more for their olive oil this year as a drought in Spain and a blight in Italy wither trees in the two top producers, driving up prices.
Wednesday, August 13, 2014
Ukraine's national currency fell Tuesday to a record low against the dollar, the central bank said, as fierce fighting in the east hammers the economy.
Investment sentiment in Germany fell to the lowest level for nearly two years in August amid concern about the economic fallout from crises such as the tension over Russia-Ukraine, data showed on Tuesday.
Defence company BAE Systems is to build three ships for Britain's navy in a deal worth 348 million pounds (US$584 million), the contractor said on Tuesday.
The European Union's top diplomat says she hopes the EU will soon conclude a free-trade agreement with Vietnam.
Saturday, August 9, 2014
German exports rose 0.9 percent in June compared with the previous month, while the strongest rise in imports to Europe's biggest economy for nearly four years trimmed the country's trade surplus.
Friday, August 8, 2014
The European Central Bank (ECB) has left its benchmark interest rate unchanged at a record low of 0.15 percent as the crisis in Ukraine casts a shadow over Europe's modest economic recovery.
The Bank of England has opted to keep its main interest rate on hold at a record low 0.5 percent despite the ongoing strength of the UK economy.
Thursday, August 7, 2014
German 10-year bonds rose to a record high level on Wednesday as a haven for funds seeking safety from the Ukraine crisis, pushing down the country's borrowing costs to the lowest-ever interest rate of 1.103 percent.