Euro Zone

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Euro zone retail sales flat in August despite fuel, food gains


BRUSSELS - Euro zone retail sales were unchanged in August from July as consumers filled up their cars with more gasoline and diesel, but spent less on non-food products such as clothing, books and electrical goods.


Euro zone September business growth slows more than expected, PMIs show 9:11am BST

- Euro zone business activity weakened last month as new orders came in at a slower pace than first reported and fewer jobs were created, even as services firms raised prices for the first time in four years, surveys showed on Monday.


Greece likely to meet deadline for bank money release - euro zone officials 02 Oct 2015

BRUSSELS - Greece is likely to qualify for recapitalisation funds for its banks by a Nov. 15 deadline because the payment depends mainly on financial sector reforms that it can implement by then, euro zone officials said on Friday.


Global economy loses steam as Chinese, European factories falter 01 Oct 2015

BENGALURU/LONDON - World economic growth lost momentum in September, with China's factory output shrinking again, euro zone manufacturing growth slowing, and U.S. activity steady.


Euro zone manufacturing growth dips in September - PMI 01 Oct 2015

- Euro zone manufacturing growth weakened slightly last month on the back of a slower pace of new orders and output, even as factories started cutting their prices again to drum up business, a survey showed.


Stocks end worst quarter in four years on upbeat note 30 Sep 2015

NEW YORK - Global equities ended their worst quarter since the 2011 euro zone crisis on an upbeat note with a rally on Wednesday on hopes that Wall Street had bottomed and the commodities rout was over, while the dollar also rose.


Euro zone inflation turns negative, putting ECB in corner 30 Sep 2015

BRUSSELS/FRANKFURT - Euro zone inflation turned negative again in September as oil prices tumbled, raising pressure on the European Central Bank to beef up its asset purchases to kick start anaemic price growth. | Video


Euro zone economic sentiment hits four-year high in September 29 Sep 2015

BRUSSELS - Euro zone economic sentiment hit a new 4-year high in September, European Commission data showed on Tuesday, mainly thanks to more optimism in industry, and the retail and services sectors.


EU's Moscovici adds voice to calls for joint euro zone finance minister 28 Sep 2015

BERLIN - Euro zone countries should have a joint finance minister within the European Commission who would control any money available to the single currency area, the European Union's Economic Commissioner Pierre Moscovici said on Monday.


Too soon to talk about ramping up QE - ECB's Lautenschlaeger 28 Sep 2015

MILAN - It is too soon for the European Central Bank to discuss expanding its asset-purchase programme because the euro zone economy is still expected to recover modestly, an ECB executive board member said on Monday.


Modi, Merkel vow to revive trade efforts, promote clean energy

NEW DELHI - India and Germany pledged on Monday to revive efforts to reach an Indo-European free trade pact after talks were derailed by a ban on Indian generic drugs, and struck deals to promote clean energy and make it easier to do business.

Air France managers flee as staff storm meeting on job cuts

ROISSY, France - Air France managers fled a meeting on Monday about mass job cuts after angry staff waving banners and flags stormed the room, according to Reuters journalists at the scene. | Video


Italy leaves gay couples waiting at the altar

ROME - Rosario Murdica and Gianni Finocchietti always wanted to get married in Italy, but after 30 years together they lost hope of ever tying the knot in their home country and instead said their vows in Portugal.

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