Topic: Europe
WASHINGTON (Reuters) - The economy is gaining momentum and should push through next year with only a few bruises despite an almost certain European recession and slower global growth.A firming in the anemic labor market should put the economy in reasonable shape ...
Britain's economy showed unexpectedly strong growth of 0.6 percent in the third quarter, official data revealed on Thursday, but the country still faces possible recession in the new year.The Office for National Statistics (ONS) revised higher its estimate for gross domestic product ...
Britain's economy showed unexpectedly strong growth of 0.6 percent in the third quarter, official data revealed on Thursday but the country still faces possible recession in the new year.The Office for National Statistics (ONS) revised higher its estimate for gross domestic product ...
LONDON (Reuters) - With governments laboring under too much debt and banks hobbled by too little capital, 2012 is shaping up as another year of hard slog for Europe's economy that could yet test the single currency to destruction.The Netherlands on Thursday ...
TOKYO (Reuters) - The Bank of Japan kept monetary settings unchanged on Wednesday but cut its assessment of the economy on mounting evidence of the pain Europe's debt crisis is inflicting on global growth and Japan's recovery prospects.Slowing exports, worsening business sentiment ...
(Reuters) - Oracle Corp's profit missed Wall Street's forecasts for the first time in a decade after new software sales sputtered, hammering its shares and stoking fears that a global economic slowdown is hurting tech spending.Shares in the world's No. 3 software ...
Two leading sentiment indicators in Germany surprised on the bright side here on Tuesday, bringing a rare touch of Christmas sparkle to the pall of gloom hanging over the eurozone.The Ifo economic institute said it was bringing "good tidings" with the announcement ...
BRUSSELS (Reuters) - Denmark said Europe's financial crisis was the chance to transform the region into a much greener economy as it set out priorities Monday for its forthcoming European Union presidency beginning in January."We are facing the worst economic crisis since ...
MADRID (Reuters) - Spain's incoming Prime Minister Mariano Rajoy took aim at his country's economic woes Monday, promising deep spending cuts at all levels of government while offering tax breaks for companies.It was a salvo in the near impossible task of balancing ...
ROME (Reuters) - Italy's austerity budget, vital to get Rome's accounts in order and help save the euro from collapse, enters its final stretch this week, with unions still mounting roadblocks to its path.The 33 billion euro ($43 billion) package of cost ...
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