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Sat Sep 6, 5:32 AM ET LONDON (Reuters) - Germany's Media Markt, Europe's biggest electrical goods retailer, has rejected a request from DSG International Plc (DSGI.L) to consider a bid for its closest rival, the Financial Times said on its Web site.
Th..
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Fri Aug 15, 6:56 AM ET LONDON (AFP) - Europe's main stock markets extended gains on Friday after an overnight rally on Wall Street which also helped to lift Japanese share prices, dealers said.
In late morning European trading, the FTSE 100 index of to..
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By Ellis Mnyandu 51 minutes ago NEW YORK (Reuters) - Stock futures slid on Tuesday as disappointing outlooks from bellwethers, including Apple Inc (AAPL.O) and Europe's Vodafone (VOD.L), increased concerns about weakening economic growth and more fallou..
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Thu Jun 12, 3:15 AM ET NEW YORK (Reuters) - General Motors Corp's (GM.N) head of European operations said rising oil prices, high commodity costs and the strength of the euro could drive European sales down to levels not seen in decades.
Noting that sa..
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By Ben Hirschler Wed Jun 11, 5:48 AM ET LONDON (Reuters) - GlaxoSmithKline Plc (GSK.L) is axing around 350 jobs in research and development as part of an ongoing restructuring program, Europe's biggest drugmaker said on Wednesday.
The cuts add to the g..
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Mon May 12, 6:49 AM ET LONDON (Reuters) - Europe's biggest bank HSBC Holdings (HSBA.L) said its profit in the first quarter was ahead of a year ago as growth in Asia helped counter over $5 billion in hits from bad debts on U.S. home loans and asset writ..
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By Kate Holton 2 hours, 1 minute ago LONDON (Reuters) - Best Buy, the world's biggest electronics retailer, is to pay $2.1 billion for half of Britain's Carphone Warehouse chain to take on the European consumer electricals market.
The deal creates a jo..
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By AOIFE WHITE, AP Business Writer 2 hours, 4 minutes ago BRUSSELS, Belgium - Europe is suffering from "a very strong inflationary shock" with food prices soaring and the cost of oil hitting record highs, the EU's top economic official said Monday.
Peo..
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By Niklas Pollard and Victoria Klesty Fri Apr 25, 4:27 AM ET STOCKHOLM (Reuters) - World number two truck maker Volvo AB posted first-quarter pretax earnings above market expectations on Friday and was more upbeat on its key European market, sending its..
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By AOIFE WHITE, AP Business Writer 44 minutes ago BRUSSELS, Belgium - The European Union's top economy official said Friday that Europe deserved a greater say in the global economy as the euro continues gaining ground as the world's second major currenc..
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By Brian Love Sun Apr 6, 6:28 AM ET BRDO, Slovenia (Reuters) - Europe will press the G7 group of industrialized economies next week to demand more disclosure from banks on their securitization activities and the exotic securities behind the global credi..
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Tue Mar 25, 4:42 AM ET LONDON (AFP) - Europe's main stock markets jumped in opening deals on Tuesday after the Easter holiday weekend, with London's FTSE 100 index of top shares soaring 2.13 percent to 5,612.20 points.
In Paris, the CAC 40 index rallie..
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56 minutes ago (Reuters) - Clothes and accessories retailer Guess Inc (GES.N) posted fourth-quarter profit above market estimates driven by strong sales in Europe and Asia, and backed its outlook for fiscal year 2009.
For the fourth quarter, the compan..
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By Mike Dolan 1 hour, 56 minutes ago LONDON, Feb 10 - (Reuters) - The extent of Europe's infection from the U.S. subprime mortgage virus is becoming clearer, even as the European Central Bank faces down calls for it to follow U.S. and UK counterparts by..
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By VANESSA GERA, Associated Press Writer Thu Jan 31, 5:41 AM ET WARSAW, Poland - It took years for Andrzej Solyga to muster the courage to invest in mutual funds.
But in June 2007, at the urging of a friend, the Polish sculptor invested 200,000 zlotys..
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2 hours, 13 minutes ago LONDON (AFP) - The fundamentals of Europe's economy are sound, but more transparency is needed in markets in light of recent turmoil, five key European leaders said after a mini-summit.
They pledged themselves to an "open global..
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By FT reporters Wed Dec 26, 5:10 PM ET Europe's retailers showed tentative signs on Wednesday of having overcome bleak expectations for consumer spending in the run-up to Christmas, even as high street retail stocks in the US tumbled on the back of disa..
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1 hour, 10 minutes ago NEW YORK (Reuters) - Coca-Cola Enterprises Inc (CCE.N) said on Wednesday it had raised its 2007 earnings estimate due to restructuring benefits, growth in Europe and a favorable tax outlook.
The world's largest bottler of Coca-Co..
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Sat Dec 1, 3:17 AM ET HONG KONG (Reuters) - Godiva Chocolatier is recalling Christmas chocolates in Asia and Europe after metal fragments were found in some of its products in Japan, an executive from the company said on Saturday.
John Holmberg, managi..
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By TOBY ANDERSON, AP Business Writer Wed Nov 21, 11:40 AM ET LONDON - Asian markets tumbled Wednesday and shares fell across Europe as crude oil flirted with $100 per barrel and U.S. investors found little comfort in economic indicators before the Thank..
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