The Eurogroup finance ministers here on Thursday discussed the follow-up to Greece’s economic adjustment program, and supported granting Greece a precautionary credit line.
Nov 072014
Nov 072014
“Ministers broadly conquered with the Commission’s assessment. Economic recovery in the eurozone has lost the momentum after a relatively good start with positive growth in the first quarter,” Dijsselbloem told a press briefing after the Eurogroup finance ministers meeting.
Nov 072014
6(Xinhua)–European Commissioner for financial services Jonathan Hill here on Thursday expressed his resolve to set up an EU capital markets union n. Concerning financial stability,he said good regulation underpins financial stability.
Nov 052014
A reading of the index above 50 indicates that the manufacturing economy is generally expanding and a reading below 50 indicates the economy is generally declining g.
Nov 052014
Ford Motor Co. said Tuesday it is issuing five new safety recalls covering more than 200,000 vehicles in North America due to problems ranging from airbag sensors to fuel leaks and fire risks.
Nov 052014
Japan, enjoying its car exports for decades, now, is seeking a new path to boost its traditional auto industry through researching and developing green vehicles, or new energy cars, amid fierce competition in the global automobile market.
Nov 052014
Rolls-Royce Holdings plc, a Britain-based engineering group, Tuesday announced that it is planning to eliminate 2,600 jobs over the next 18 months.
Nov 052014
U.S. stocks largely went down on Tuesday as U.S. oil prices continued to slide, touching a three- year low.
Nov 052014
Nissan Motor Co. announced Tuesday a 24.9 percent year-on-year rise in its group net profit for the fiscal first half and a 16 percent rise in its net profit in the July to September period, citing robust sales in the United States of its crossover SUV models compensating for lackluster sales here.
Nov 052014
Governor of the Bank of Japan (BOJ) Haruhiko Kuroda said here Wednesday that the central bank will take every possible measure to achieve its 2 percent inflation goal, saying Friday’s surprising additional monetary easing was a move to reach the purpose.