Euro zone labour costs grew in the third quarter on the back of higher wages in industry, data showed, but the expansion slowed compared with the second quarter in a sign that
The world's airlines are set to lose $5.6 billion next year, more than previously estimated, with rising fuel costs offsetting a rebound in both passenger and air cargo, the industry group IATA
The euro hit a 2-1/2 month low against a broadly firmer dollar on Tuesday while world stocks slipped as concerns grew about the European banking sector and the fiscal health of Greece.
British consumer price inflation rose at its fastest pace since May in November after a sharp jump in fuel and lubricant prices, the Office for National Statistics said on Tuesday. The Office
Oil stayed below $70 a barrel on Tuesday, dipping in its tenth straight session to an 11-week low on persistent worries over hefty stockpiles and sluggish demand. U.S. crude for January delivery
LG Electronics Inc, the world's No. 2 TV brand by revenue, set an aggressive sales target for 3D televisions, aiming to build a leadership position in an emerging market where competition is
Kraft Foods has vowed to maintain discipline in its pursuit of British chocolatier Cadbury, suggesting the U.S. group will resist raising the level of its hostile approach. In a rebuttal of Monday's
The dollar steadied on Tuesday and Asian stocks wavered, despite improving appetite for riskier assets, as investors turned cautious ahead of a meeting of the U.S. Federal Reserve. European shares were set
Greek Prime Minister George Papandreou said on Monday that debt-laden Greece needed a new social deal and must change or sink. "We need to move immediately to a new social deal," Papandreou
Mexico is facing a $1.6 billion drop in tourism revenues for 2009, thanks to a deadly flu outbreak, but the fall is smaller than first feared and visitors should return in 2010,
