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FILE PHOTO: An employee of German car manufacturer Porsche works on a...

German manufacturing downturn drags into final quarter

German industrial orders fell unexpectedly in October as demand at home and from outside the euro zone weakened, suggesting a manufacturing downturn will continue to hold back growth in Europe's largest economy in the final quarter.

FILE PHOTO: NATO Alliance summit in Watford

Italy's PM says any decision on web tax is sovereign one

Italy's prime minister said on Wednesday that any decision on the introduction of a digital tax that would hit U.S. tech giants falls within a country's sovereign sphere and ties with the United States can have no bearing in such a matter.

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