Europe
European Stocks Rise for the Week
The FTSEurofirst 300 closed up 0.5% on Friday, making the week’s gains 3.6%, the greatest weekly growth since...
The Snowden Effect: Secure Email Company Booms
Berlin-based Posteo e.K, founded in 2009, struggled mightily to find customers for its secure email business during its...
Groundhog Day in December: World Awaits Fed, Again
It is like a scene from the Bill Murray movie, Groundhog Day. Every month, the same thing happens:...
Ireland Unveils Post-Bailout Debt Plan
After becoming the first euro zone economy to successfully finish its bailout, Ireland today revealed its debt-cutting fiscal...
France Nears Recession
Markit’s French PMI estimate for December fell to 47 (below 50 signals contraction).
Fiat Seeks to Spend $12 Billion to Build Italian-Made Luxury Cars
Fiat SpA (F) plans to invest as much as 9 billion euros ($12.3 billion) on new models to...
European Central Bank Unsure How to Proceed
According to European Central Bank (ECB) President Mario Draghi, the bank is now ready to begin fresh action...
$2.3 Billion in Fines for Euro-Rate Rigging
The European Commission (EC) handed down its largest fines ever, totaling $2.3 billion, for interest rate rigging.
Factory Prices Down in the Euro Zone
Factory prices fell by 0.5% from September to October and by 1.4% year-to-year in the 17-country euro zone.
Euro Hits High Marks against Yen, Dollar
Germany's two major political parties have formed a grand coalition deal, boosting the euro to its best position...