Wednesday, August 13, 2014
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.
Russian hackers stole 1.2 billion Internet credentials from major U.S. companies and others around the world in what is likely the biggest data breach ever, security researchers said Tuesday.
German factory orders were down in June compared to the previous month due to a decrease of large orders.
Wednesday, August 6, 2014
Further evidence emerged Tuesday that the economic recovery across Europe is gaining traction, though it remains vulnerable to an escalation in the crisis in Ukraine, which has seen sanctions on Russia ratcheted up.
Credit ratings agency Moody's said Monday that France's efforts to tackle its high deficit will likely fall short of targets set for this year and next.