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Economy of Europe

Economy hurts Deutsche Post DHL freight business

Deutsche Post, which operates an air freight hub in Cincinnati, Ohio, said its freight business saw slower demand for freight in "a strained macroeconomic environment" that includes a stagnant...

US economic reports hold out hope for hiring gains

And an interest rate cut Thursday by the European Central Bank, if it helps bolster the European economy, could also contribute to U.S. growth.

A look at impact of ECB rate cut

They form the backbone of the European economy, so improving their performance is key to the continent's hopes of emerging from recession.

Kerry pushes trans-Atlantic free trade in Germany

Speaking after talks Tuesday with officials in Germany, Europe's largest economy, Kerry said such an agreement would create "jobs for Germans, jobs for Americans and jobs for all Europeans - and...

Stocks edge higher in early trading

Goodyear Tire & Rubber sank 6 percent to $13.11 after the company cut its forecast for full-year earnings, blaming weakness in the European economy.

Stocks waver as corporate earnings disappoint

Goodyear Tire & Rubber sank 6 percent to $13.11 after the company cut its forecast for full-year earnings, blaming weakness in the European economy.

Stora Enso to slash 600 jobs despite Q4 profit

Nordic paper maker Stora Enso Oyj says that despite strong fourth quarter earnings it will slash 600 jobs due to the weak European economy.

Draghi: Reforms needed for growth

The President of the European Central Bank admits the renewed calm in the euro area's financial markets has yet to be reflected in the wider European economy.

Sweden cuts main interest rate to 1 percent

The Riksbank says the weaker European economy has so far had "a clear effect" on Sweden.

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U.S. economy stays afloat despite sinking eurozone

A recession continues to grip the European economy with high unemployment particularly in Spain,...

Data point to better times ahead for U.S. in recovery

And an interest rate cut Thursday by the European Central Bank, if it helps bolster the...

NEW YORK: P&G 4th-quarter outlook expectations, shares fall

But overall top-line growth has been modest as the company has been dealing with a down European...

Blogs

U.S. Economy In March

Continued weakness in the European economy will prompt the ECB to more action (it has already...

World View: Palestinians Commemorate 'Al Nakba'

Ignoring bitter opposition from Russia and Syria, the United Nations General Assembly approved a...

News Summary: Deere cuts sales growth prediction

News Summary: Deere cuts sales growth prediction

Web

European telco revenues drop as price wars heat up

FRANKFURT/MADRID (Reuters) - Two of Europe's biggest telecom operators reported lower revenues...

Euro Zone Jobless Rate Hits Another Record

The European economy remains trapped in a torpor with little relief in sight.

Confidence Slumps in Euro Zone

Confidence in the European economy fell for a second straight month, strengthening the case for...