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May, 1, 2016

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Business > Europe
Britain's annual rate of consumer price inflation rose to 0.3 percent in January from 0.2 percent in December -- the highest level in a year.
 
German investor confidence is down for the second straight month over broad concerns about the world economy.
 
German investor confidence is down for the second straight month over broad concerns about the world economy.
 
Britain's annual rate of consumer price inflation rose to 0.3 percent in January from 0.2 percent in December -- the highest level in a year.
 
Greek farmers drive tractors through Athens in protest
More than a dozen tractors rolled through Athens on Friday, honking horns and flashing lights outside parliament as thousands of Greek farmers thronged the capital's main Syntagma Square to protest tax hikes and pension reforms.
 
Two agencies contend Facebook is breaching privacy laws in France by tracking and using the personal data of more than 30 million users, as well as non-users who are browsing the Internet.
 
Italian banking shares are getting battered this year as the government tries to bundle and dispose of billions of euros in bad loans while attempting to reform and consolidate the ailing sector.
 
Credit Suisse is cutting roughly 4,000 jobs to reduce costs after announcing a massive pre-tax loss in the fourth quarter that includes "substantial charges which are not reflective of our underlying business performance," the bank said Thursday.
 
Czechs, world's top beer drinkers, could get an even cheaper brew
The Czechs, the biggest beer consumers in the world, could soon have a reason to drink even more after the finance minister proposed lowering tax on the drink by more than half.
 
The Greek government launched a new round of negotiations with rescue creditors Monday over the course of the country's latest bailout program, amid highway blockades and angry union reaction to proposed pension reforms that are central to the talks.
 
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