The highest court in Germany delivered a political blow to German Chancellor Angela Merkel and her plans to keep decisions about further European bailouts on the equivalent of a parliamentary fast lane Tuesday.
Boeing Co was set to make a first delivery of the passenger version of its upgraded 747, its largest and most recognizable commercial airplane, to an unnamed VIP customer on Tuesday, capping a development delay of more than a year.
New orders for long-lasting U.S. manufactured goods fell in January by the most in three years as demand slumped across the board, suggesting the economy started the year on weaker footing than expected.
New orders for long-lasting manufactured goods fell in January by the most in three years as demand slumped across the board, suggesting the economy started the year on weaker footing than expected.
Chancellor Angela Merkel's room for maneuver on future euro zone bailouts, in doubt after a revolt by coalition lawmakers, shrank further on Tuesday when Germany's top court raised a hurdle to swift action in financial rescues.
General Motors Co. will take up to a 7 percent stake in France's PSA Peugeot Citroen as the two automakers discuss an engineering and development partnership to boost both of their struggling European operations.
Germany's Constitutional Court ruled Tuesday that a parliamentary panel formed to approve urgent action by the euro zone bailout fund is in large part unconstitutional. The decision could hamper efforts to tackle the European debt crisis.
The euro zone's 17 leaders will meet briefly during a summit of all 27 EU leaders on Thursday to reelect Herman Van Rompuy as president of the European Council, EU diplomats said on Tuesday.
Germany's top court will decide on Tuesday whether a small parliamentary sub-committee can approve future aid to ailing euro zone countries such as Greece, in a ruling that could hamper Berlin's ability to act swiftly in the debt crisis.
Mobile operator Vodafone has offered to join forces with rival firms to share the 30 billion euro ($40 billion) bill to build out new superfast fiber networks in Europe, in a sign of the increasing demands being placed on operators.
Chancellor Angela Merkel managed to get a second Greek bailout approved in the German parliament on Monday without having to rely on the votes of opposition lawmakers, but she fell short of the wide majority needed for a convincing victory.
The politics of China's need for a smooth leadership succession this year provide the best protection against a hard economic landing, regardless of stuttering exports, faltering capital flows, local government debts and lingering inflation risks.
A source revealed some of the 231 names that have been submitted for this year's Nobel Peace Prize, according to the Associated Press.
Germany, the chancellor says, is willing to put €11 billion ($14.7 billion) into the euro zone's main bailout fund this year and next -- as long as its currency partners do the same.
As Syrians head to the polls, the European Union imposed a new set of sanctions on Monday in an attempt to get President Bashar al-Assad to call off his assault on the city of Homs and on opposition protestors.
Stocks opened lower on Monday following the S&P 500's four-year closing high last week and after the Group of 20 leading economies told Europe it must commit more money to fight the EU debt crisis before seeking broader help.
Almost two-thirds of the German public is against the bailout.
Stock index futures fell on Monday in low volume following the S&P 500's four-year closing high last week and after the Group of 20 leading economies told Europe it must commit more money to fight the EU debt crisis before seeking broader help.
Leading economies told Europe it must put up extra money to fight its debt crisis if it wants more help from the rest of the world, piling pressure on Germany to drop its opposition to a bigger European bailout fund.
Italy's cost of borrowing over six months sank towards 1 percent at an auction on Monday, the lowest in 17 months, as cheap loans from the European Central Bank fuelled banks' interest in lending to euro zone governments over the short-term.
Stock index futures fell Monday in low volume following the S&P 500's four-year closing high last week and after the Group of 20 leading economies told Europe it must commit more money to fight the EU debt crisis before seeking broader help.
A suicide car bomber killed at least nine people in an attack on a military airport in Jalalabad, eastern Afghanistan on Monday in the latest act of violence and protests since copies of the Quran were burned at a NATO base last week. While there was no official indication Monday's bombing was linked to the protests and riots, the Taliban quickly claimed responsibility for the attack as revenge for the Quran-burning.
