Private sector economic activity in the Eurozone stagnated in August, with a closely-watched survey showing only marginal growth overall and a switch into negative territory for manufacturing.
Eurozone growth remained stuck at two-year low, with the Purchasing Managers Index (PMI) leading indicator, compiled by London-based researchers Markit, logging 51.1 points, unchanged from July.
Full StoryA red-faced restaurant owner in southern Germany admitted Sunday she had turned away Sweden's king and queen when they asked for a table after failing to recognize them.
Nadine Schellenberger of Zum Gueldenen Stern, a half-timbered inn and pub founded in the 16th century in the center of the southwestern town of Ladenburg, said the royals stopped in while she was hosting a wedding party.
Full StoryWorld stocks swung between gains and losses Monday, as hopes the Federal Reserve might take action to keep the U.S. from slipping back into recession offset fears of a global slowdown.
Brent crude fell to near $106 a barrel as Libyan rebels captured most of Tripoli, boosting hopes the OPEC nation's oil exports could resume soon. The dollar was stronger against the yen but weaker against the euro.
Full StoryBayern Munich goal-scorer Arjen Robben has said the Bavarian giants are hitting top form after they demolished Hamburg 5-0 in the German league.
After a faltering start to the season, Bayern produced an impressive display on the third weekend of the Bundesliga campaign on Saturday as Robben and fellow star winger Franck Ribery ran the Hamburg defense ragged.
Full StoryA German data protection authority is "unliking" Facebook's "Like" button.
The state of Schleswig-Holstein's data protection commissioner, Thilo Weichert, on Friday ordered state institutions to shut down the fan pages on the social networking site and remove the "Like" button from their websites, saying it leads to profiling that violates German and European law.
Full StoryA growing belief that the U.S. economy may be headed toward recession gave the stock market its fourth straight week of losses.
The anxiety in the market was obvious Friday as the major indexes went from moderate gains early in the day to another sharp loss. The Dow Jones industrial average had its 10th move of more than 100 points in 15 trading days this month.
Full StoryPresident Nicolas Sarkozy of France, Germany's Chancellor Angela Merkel and British Prime Minister David Cameron on Thursday jointly urged Syria's embattled leader Bashar al-Assad to step down.
"We call on him to face the reality of the complete rejection of his regime by the Syrian people and to step aside in the best interests of Syria and the unity of its people," they said in a joint statement.
Full StoryCoco Chanel: A fashion icon whose name has become shorthand for timeless French chic, a shrewd businesswoman who overcame a childhood of poverty to build a luxury supernova and ... a Nazi spy?
A new book by a Paris-based American historian suggests Chanel not only had a wartime affair with a German aristocrat and spy, but that she herself was also an agent of Germany's Abwehr military intelligence organization and a rabid anti-Semite.
Full StoryEuropean stocks sank Tuesday on news of a sharp slowdown in Eurozone powerhouse Germany, and before crisis talks on the economy between French President Nicolas Sarkozy and German Chancellor Angela Merkel.
In morning trade, Frankfurt's DAX 30 index of leading shares dived 2.29 percent to 5,884.61 points, the Paris CAC 40 dropped 1.47 percent to 3,191.41 points and London's FTSE 100 slid 0.77 percent to 5,309.4.
Full StoryOil prices retreated on Tuesday as the dollar strengthened, and traders digested downbeat European economic growth data and awaited news of any fresh plan to tackle the Eurozone debt crisis.
New York's main contract, West Texas Intermediate (WTI) crude for delivery in September, fell 84 cents to $87.04 a barrel.
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