Eurozone retail sales rose unexpectedly in October for the first time in three months, showing an improvement in household demand.
Stocks rallied for a second straight session as traders sentiment was buoyed by some strong November chain-store retail sales figures and by the European Central Bank (ECB) to maintain liquidity safety measures for troubled banks.
The Stanford Law School and the Graduate School of Business have come together to drive the energy revolution forward through the establishment of the Steyer-Taylor Center for Energy Policy and Finance - an interdisciplinary center to study and advance the development and deployment of clean energy technologies through innovative policy and finance.
Europe's biggest tour operator TUI Travel reported a full-year pretax loss, blaming weaker trading in the UK, mainly due to increased winter losses resulting from capacity-led volume reductions. However, underlying pretax profit rose 4 percent on good turnaround progress.
France and Germany, the two leading countries of the euro zone, may have intentionally engineered a competitive currency devaluation by pushing private investors to share the burden of future sovereign bailouts.
A Danish company is planning to build fuel cells that can be used in the home, powered by natural gas.
Decades ago, the United States had a huge competitive edge over the rest of the world. However, that advantage is slipping away and so are American jobs.
The U.S. government had been secretly sheltering Nazi war criminals for several years and has clashed with other nations over their fate, a 600-page report, which the Department of Justice has tried to keep hidden from the public, reveals.
U.S. stocks rallied in early trade on Wednesday as strong data on private payrolls, and better-than-expected manufacturing reports from China and Europe buoyed sentiment.
No central bank ever began a hyper-inflationary policy because it feared inflation. Such disasters always come because of vanished credit and economic depression. And whether in Germany nine decades ago, or in Argentina twenty years back, or in Robert Mugabe's Zimbabwe around the turn of this century, stuff actually gets cheaper - not more expensive - in real terms during hyperinflation.
Futures on major U.S. indices extended earlier gains on Wednesday after ADP reported that private-sector employment recorded the largest gain in three years in November.
Despite the recent frenetic declarations by Prime Minister José Luis Rodríguez Zapatero that Spain does not need a bailout, the bond markets strongly disagree with him as traders continue to unload Spanish (as well as Portuguese and Italian) bonds, driving up the financing costs for the nation’s lenders to all-time highs.
The force of political will binding together a seemingly crumbling euro zone is still strong, but the imperatives of domestic economic realignments could force members to an exit option, analysts have said; and the road out of the bloc doesn’t exactly look daunting.
Futures on major U.S. stock indices point to higher opening on Wednesday as better-than-expected manufacturing reports from China and Europe buoyed sentiment.
Manufacturing in the eurozone expanded in November at its fastest pace in four months, boosted by strong activity in France and Germany, while manufacturing production in the U.K. touched a 16-year high, according to a survey.
Iran on Wednesday, executed a woman convicted of murdering the wife of a former football star. Shahla Jahed who was believed to be the mistress of Naser Mohammadkhani, a football legend, was hanged to death at the Evin prison in North Western Tehran.
Unemployment in the euro area rose marginally in October for the first time in 6 months, according to a report by Eurostat, the statistical office of the European Union.
The German Impressionist Landscape Painting: Liebermann -Corinth-Slevogt exhibition which is on display at the Museum of Fine Arts, Houston, (MFAH) has been the focus of attention of art-lovers and curators across the globe.
The eurozone’s economic sentiment rose to three-year high in November, despite concerns over the sovereign debt crisis in some countries in the region.
Wikileaks documents reveal that U.S. Secretary of State in July 2009 sent a message to 33 US missions on UN reforms saying, International deliberations regarding UNSC expansion among key groups of countries: self-appointed frontrunners for permanent UNSC membership Brazil, Germany, India, and Japan.
The year 2010 was not good for Google in China and the hacking was, indeed, part of a sabotage attempt carried out with help from the government quarters, reveal the classified U.S. documents released by Wikileaks on Sunday. China to Germany, US diplomacy generally smacks of quid-pro-quo dealings, as ever.
Precious metals and euro dropped on Friday as European periphery worries intensified, helping safe-haven interest into the US dollar. EUR/USD touched a fresh 2-month low.
