Credit Crunch Widens Europe Business Rifts
The European Central Bank has flooded the euro zone with cheap loans over the past three years, but large swaths of small and midsize businesses in the region have received precious little of this liquidity.
Nestlé Expects Volatility to Stay
Nestlé said it expects the food market to remain volatile this year, as it reported a worse-than-expected rise in sales on weak consumer confidence in Europe and slowing demand in emerging markets.
Lew calls on Europe to pursue pro-growth policies
Treasury Secretary Jacob Lew noted U.S. economy is "inextricably tied" to health of global partners
Found 1 month ago on channel CBS
EBay second-quarter forecast disappoints, shares slip
SAN FRANCISCO - EBay Inc on Wednesday gave a disappointing earnings forecast for the second quarter and said Europe was weak, pushing its shares lower in after-hours trade.
Found 1 month ago on channel Reuters
Deutsche Bank Caps Executive Pay
Deutsche Bank is capping its top executives' pay in 2013 at just below 10 million euros amid a broader political debate in Europe on reining in executive compensation.