Daimler may cut 2013 outlook on weak European demand
BERLIN - German premium carmaker Daimler said it might cut its 2013 profit expectations this month, sparking sharp criticism from shareholders gathering for Wednesday's annual meeting, as Europe's car market shrank at an alarming rate.
Found 1 month ago on channel Reuters
Car makers warn of weak European market for years
GENEVA - Car sales in Europe are at the low end of expectations and the market is likely to remain shaky for at least five years as the region implements austerity measures to cut its debts, industry executives warned on Tuesday.
Found more than 1 month ago on channel Reuters
Economic Report: Euro-zone GDP plunge stokes rate-cut expectations
A sharper-than-expected deepening of the euro-zone recession in the fourth quarter keeps prospects for a rate cut by the European Central Bank alive despite recent signs of improvement.
Stocks on the rise for second day in a row
Stocks opened higher on Wall Street Thursday, gaining for a second day, after the European Central Bank chief said the region was poised to start growing again, bolstering expectations that the worst of the region's crisis is behind it.
Found more than 1 month ago on channel MSNBC
Europe Markets: Europe flat on fiscal-cliff fears in holiday trade
European equities trade little changed in thin, holiday trade Monday, with traders fighting to a draw amid growing expectations U.S. policy makers won’t reach a budget agreement needed to avert the so-called fiscal cliff.