European passenger car sales rose 11.2 percent in October, with a marked contrast between Western European markets, which grew strongly, and Eastern European markets which tumbled, industry association ACEA said on Monday.
A Federal Reserve official said on Monday that the U.S. economy faced "significant weaknesses" and urged policymakers to allow large financial institutions to fail if needed. "We still have significant weaknesses to
Japan's Nikkei stock average rose 0.2 percent on Monday, buoyed by retailers and other defensive shares, but weighed by banks and companies including Hitachi Ltd that sank on fundraising concerns. Hitachi, Japan's
Gold hit a fresh record high on Monday as investors hedged against a weak dollar, while Asian shares gained ground after upbeat reports from U.S. retailers underpinned confidence the global economy is
British Airways faces a strike ballot among cabin crew over proposed changes to working practices, just days after it announced a merger deal with Spanish carrier Iberia. Trade union Unite said on
The U.S. trade deficit widened in September by an unexpectedly large 18.2 percent, the largest increase in more than 10 years, as oil prices rose for the seventh straight month and imports
The U.S. dollar eased on Friday after overnight gains and euro zone growth data showed the region pulled out of recession, boosting metal and crude prices, while world stocks drifted higher. The
Gains in HSBC and energy stocks kept Britain's top share index in positive ground for a third day on Friday, offsetting weaker defensives, while British Airways rose after agreeing a merger with
U.S. crude oil rose above $77 a barrel on Friday, buoyed by renewed weakness in the U.S. dollar, but bulging fuel inventories in the United States kept price gains in check. By
OPEC should keep oil production unchanged at its last meeting of the year in December due to high oil stocks and weak fundamentals in the global economy, the group's president said on
