With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower borrowing costs for companies and home buyers
September 11, 2024
Volkswagen is considering closing some factories in its home country for the first time in the German automaker’s 87-year history
September 08, 2024
Former Volkswagen Group CEO Martin Winterkorn has gone on trial on charges of fraud and market manipulation
September 03, 2024
Volkswagen says it's not getting the cost reductions that it needs - and won't rule out plant closings in its home country Germany
September 02, 2024
Inflation is down in Europe
August 30, 2024
The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again
July 18, 2024
Inflation is on the way down in Europe
July 02, 2024
The European Central Bank has hiked its key interest rate to a record high
September 14, 2023
Inflation just keeps dropping in Europe
March 01, 2024
The European Central Bank cut its key interest rate by a quarter-point, moving ahead of the U.S. Federal Reserve as central banks around the world lean toward lowering borrowing costs — a shift with far-reaching consequences for home buyers, savers and investors
June 06, 2024
Inflation ticked up to an annual 2.6% in Europe in May
May 31, 2024
Germany's businesses remain mired in pessimism despite a small uptick in the latest survey, as Europe’s largest economy struggles with shortages of skilled labor, slower global trade, and political squabbling
February 23, 2024
Saudi Arabia and allied oil producing countries have extended their deep output cuts aimed at supporting slack prices
June 02, 2024
Finance officials from the Group of Seven rich democracies say they have moved toward agreement on a U.S. proposal to squeeze more money for Ukraine from Russian assets frozen in their countries
May 25, 2024
The U.S. is seeking to build support for squeezing more money for Ukraine out of frozen Russian assets as finance ministers from the Group of Seven rich democracies open a two-day meeting Another key topic pushed by U.S. Treasury Secretary Janet Yellen will be building a united front against China’s subsidies for solar panels and electric cars
May 24, 2024
Europe’s Airbus had established a clear sales lead over Boeing even before the American company encountered more fallout from manufacturing troubles and ongoing safety concerns
May 05, 2024
The European Space Agency has added five new members to its astronaut corps
April 22, 2024
Markets are waiting to hear what European Central Bank President Christine Lagarde has to say about the timing of a first interest rate cut
April 11, 2024
Inflation has fallen again in Europe, to 2.4% in March
April 03, 2024
Germany has legalized the possession of small amounts of marijuana
April 01, 2024
These are turbulent times for wind and solar energy
March 25, 2024
Europe's outburst of inflation is receding
March 07, 2024
Multinational beer and beverage company Anheuser-Busch InBev, maker of Budweiser, Bud Light, Stella Artois and Corona, has reported a 7% increase in operating profit for last year, even as as sales sagged in the United States due to a decline in demand for Bud Light
February 29, 2024
The German government says Europe’s largest economy is in “troubled waters.”
February 21, 2024
The Dutch parent of pioneering Russian tech company Yandex is selling its operations in the country at a steeply discounted price of just over $5 billion to its Russia-based managers and oil company Lukoil
February 05, 2024
Japan PM hopeful Ishiba sees 'room' for corporate tax hike, Kyodo reports
Germany's far-right AfD on track for another state election win
Southwest Airlines warns staff of 'tough decisions' ahead, Bloomberg reports
Israel raids and shuts down Al Jazeera's bureau in Ramallah in the West Bank
GM to lay off about 1,700 workers at Kansas plant
Kyle Larson wins at Bristol as 2 former NASCAR champions eliminated from playoffs
North Carolina coach Mack Brown says 'embarrasing' 70-50 loss to James Madison is his fault
Cleveland Guardians clinch AL Central title when Royals lose to Giants