FTSE edges lower, Next weather warning hits retailers

LONDON - Britain's top share index edged lower on Tuesday, with retailers falling after Next said it would have to lower its full-year profit forecast if the unusually warm weather continued.

Recent Business News

Euro zone inflation slows in Sept, weakens euro vs. dollar

BRUSSELS - Euro zone inflation slowed further in September on falling prices of unprocessed food and energy, a first estimate showed on Tuesday, sending the euro lower against the dollar on expectations of further European Central Bank policy easing.

11:34am BST

EU says Ireland tax deal with Apple was state aid

BRUSSELS/LONDON - The European Union has accused Ireland of giving Apple Inc. state aid by letting the iPhone maker shelter profits worth tens of billions of dollars from tax, in return for maintaining jobs.

G20 2:23pm BST

Allianz urges swift action from Berlin on infrastructure

MUNICH Germany - German insurance giant Allianz is eager to invest more of its 570 billion euro (444.25 billion pounds) portfolio in domestic infrastructure projects but says the government in Berlin must first improve the regulatory environment for such investments.

2:15pm BST

Lufthansa pilots' 15-hour strike affects 9,000 travellers

FRANKFURT - Lufthansa pilots threatened further strike action on Tuesday as they began a 15 hour walkout at Frankfurt airport in a row with management over retirement benefits that stretches back two years.

Aerospace & Defence 11:14am BST

Auto recovery wobbles in Paris show spotlight

PARIS - Europe's anaemic car market rebound could be over before it has really begun. That is the fear of executives as they gather for the Paris auto show opening on Thursday, the biggest industry event in the regional calendar.

2:11pm BST
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