Europe's Economic Crisis Is Not Over, May Lead to Fiscal Union, UBS Says
Europes debt crisis is far from over and the most likely outcome is closer fiscal ties among nations as officials seek to strengthen the region against future disasters, UBS AG analysts said.
Europe Lags Behind U.S., China on Biofuels Use
Europe's lack of political direction is responsible for the fact that it lags behind the U.S., China and Brazil in biofuel development, according to Novozymes CEO Steen Riisgaard. The top three countries are moving ahead with plans, such as Brazil's goal to displace 10 percent of global gasoline use with ethanol by 2020, China's testing of corn-based ethanol or the fuel standards the U.S.
Europe Lags Behind U.S., China in Developing Biofuels, Novozymes CEO Says
Europe is lagging the U.S., China and Brazil in developing biofuels for transportation because of a lack of political direction, Novozymes A/S Chief Executive Officer Steen Riisgaard said.
Europe's bike gangs spreading
BRUSSELS - CRIMINAL biker gangs are expanding rapidly into southeastern Europe, authorities warned on Friday, saying that the Hells Angels and other groups were growing bolder and more violent in their activities. Europol, the pan-European police agency, said gangs linked to the Hells Angels Motorcycle Club and the Bandidos had moved into Albania, Bulgaria and parts of Turkey to focus on drug ...
Europe gets new boost as economic confidence surges
A surge in confidence in Europe's economy fuelled hope Thursday that the region is finally overcoming its financial troubles just days after European banks largely survived a crash test.
Europe shares close lower as Wall Street retreats
Europe shares close lower as Wall Street retreats
Europe Stocks Rise on Economic Outlook; U.S. Futures, Euro Gain
The Stoxx Europe 600 Index rose to a 12-week high and the euro strengthened as the regions economic outlook improved and earnings from AstraZeneca Plc to Exxon Mobil Corp. beat estimates. U.S. index futures gained and copper rallied.
Europe optimism rises amid upbeat results
A string of Europe s largest firms issued surprisingly upbeat profit reports yesterday, bolstering an abrupt renewal of investor confidence in the region after months of debt turmoil and fears for the euro.
Europes Two-Speed Economy: North Vs. South
Once upon a time, the euro was supposed to help integrate Europes nations into one seamless, fully-integrated economy. But instead the euro is stumbling over some of the very imbalances both between countries and within them that it was supposed to help smooth out.
Europe clears huge US airline merger
Europe on Tuesday cleared a merger between US carriers United and Continental that will create the world's biggest airline, with the companies now racing to secure US approval.