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February, 24, 2017

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Business > Europe
Europe's largest economy Germany is "on a sound upward path" for faster-than-expected growth in 2016 and 2017, its central bank said Friday, but remains at risk from Donald Trump and Brexit.
 
Sunny day for Russia
A woman walks past a snow heap at Red Square, with St. Basil's Cathedral seen in the background, in Moscow on Wednesday, Dec. 7.
 
Uzbekistan announced Tuesday plans to roll back its highly restrictive tourism regime by cancelling visa requirements for 15 countries in a sign that one of the world's most reclusive states may be opening up a crack.
 
A German court on Tuesday ruled that energy suppliers can claim compensation over the country's nuclear power phaseout in the wake of the 2011 Fukushima disaster, dealing a blow to one of Chancellor Angela Merkel's flagship policies.
 
European markets rebound
European stocks and the euro rebounded sharply Monday as investors were reassured by the speed of Italian Prime Minister Matteo Renzi's resignation after losing a crunch referendum, but Asian markets struggled.
 
The fate of key Italian banks was up in the air Monday as investors feared that Prime Minister Matteo Renzi's resignation will threaten their recapitalization plans.
 
TISA protest
In this Monday, Dec. 4 photo, demonstrators hold posters and banners during a rally against the proposed Trade in Services Agreement (TISA) in front of World Trade Organization (WTO) headquarters in Geneva, Switzerland.
 
Tsipras, Hollande want move on Greek debt relief in Dec.
Greek Prime Minister Alexis Tsipras and French President Francois Hollande agreed Saturday that debt relief measures for the crisis-hit country must be hammered out this month, Tsipras' office said.
 
Airbnb will start enforcing limits to private home rentals in two popular European cities on the home-sharing platform, London and Amsterdam, the company said Thursday.
 
Germany's Lufthansa cancels 890 flights as strike continues
Germany's largest airline, Lufthansa, canceled 890 flights Wednesday after pilots again extended their strike in an ongoing dispute over wages.
 
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