The inexorable decline of the single currency offers ambitious Chinese firms a bargain buffet of eurozone business, analysts say, with this weekend's multibillion deal for Italian tyremaker Pirelli only the latest course in an acquisition binge.

Less than a year ago the euro was worth nearly $1.40 on international markets. Earlier this month it stood at less than $1.05, down by a quarter as the European Central Bank embarks on a massive stimulus program while the U.S. Federal Reserve is widely expected to start raising interest rates.

German Foreign Minister Frank-Walter Steinmeier welcomed an improved tone in discussions with debt-mired Greece, after meeting visiting Greek premier Alexis Tsipras Tuesday.

Steinmeier met Tsipras at his hotel in central Berlin one day after the Greek leader held crunch talks with German Chancellor Angela Merkel in which both called for an end to the bitter recriminations the countries have traded in recent weeks.

Beirut, March 2015 .At this year’s Horeca, the region’s premiere annual hospitality and food mega-event, unexpected surprise collaboration is set to be unveiled between two big influencers on the Arab scene.

Tawlet Souk el Tayeb, is teaming up with Rana Salam, one of the most established and highly regarded graphic designers and artists from the Middle East, to create a highly anticipated 4-day installation at the exhibit.

Hospitality Services held a press conference on March 10, 2015 at Phoenicia Hotel Beirut to announce the 22nd edition of its key annual event, HORECA.

The press conference was under the patronage of Minister of Tourism, Mr. Michel Pharaon, and in the presence of presidents of associations and syndicates from the hospitality, foodservice and tourism industries as well as the media corps, who emphasized the importance of HORECA for these industries in Lebanon and the region.

Britain's annual inflation rate slowed sharply to zero in February for the first time, pulled down by falling prices for recreational goods, food, furniture and oil, official data showed Tuesday.

"The Consumer Prices Index (CPI) was unchanged in the year to February 2015, that is, a 12-month rate of 0.0 percent, down from 0.3 percent in January," the Office for National Statistics said in a statement.

Greece and the European Union could reach a deal as early as this week to allow the release of badly needed aid funds for Athens, European Parliament President Martin Schulz said Tuesday.

"In my opinion, by the end of the week we will reach a new understanding that will be enough to unblock the most urgent funds," Schulz said in an interview published in Italy's La Repubblica newspaper.

Oil prices fell in Asia Tuesday following disappointing manufacturing data out of top energy consumer China, and as dealers await fresh U.S. economic figures, analysts said. 

U.S. benchmark West Texas Intermediate eased 58 cents to $46.87 while Brent fell 35 cents to $55.57 in afternoon trade. 

U.S. off-roaders seeking to rev up the four-wheel drive of a Jeep might soon find out that their American icon is made in Italy.

In a sign of what comes with the takeover of Chrysler by Italian giant Fiat, U.S. auto dealers have begun selling the Italian-made Jeep Renegade.

China's manufacturing activity contracted in March at its fastest rate in almost a year, HSBC said Tuesday, suggesting worsening conditions in the world's second-largest economy and putting pressure on leaders to further ease monetary policy.

The British bank's preliminary purchasing managers index (PMI) came in at 49.2, it said in a statement, below the breakeven point of 50 and the weakest reading since last April, when it hit 48.1.

Egypt, Ethiopia and Sudan Monday agreed a preliminary deal on a controversial dam project that Cairo feared would reduce its share of vital waters from the Nile.

The leaders of Egypt, Ethiopia and Sudan all gathered in Khartoum to sign the agreement of principles on Ethiopia's Grand Renaissance Dam project.