In 2013, Porsche China expects to continue building upon its successes from the past year and further establish its position as the leading luxury sports car maker in the market. The marque
European Union leaders have agreed the broad lines of a deal on the bloc's budget for 2014-202 that would fix total EU spending at 960 billion euros over the seven-year period. "We
The euro hovered near a two-week low and European shares rose on Friday after the European Central Bank rekindled expectations that it could again take the knife to interest rates. Strong Chinese
The BMW Group continued its positive momentum into the new year with sales increasing by 9.9% in January. A total of 123,276 BMW, MINI and Rolls-Royce brand vehicles were delivered to customers
About half of Greek households struggle to pay their mortgages, utility bills and taxes, according to a survey on Thursday that showed the risk to government revenue targets posed by growing financial
Economic activity in the euro area should gradually recover later in 2013 but there are more negative risks than positive ones, European Central Bank President Mario Draghi said on Thursday. The euro
Vladimir Putin fired a top Russian Olympic official on Thursday after publicly ridiculing him on a visit to half-finished sports complexes planned for a winter Olympics dogged by reports of corruption and
Cyprus’ financial woes will be at the epicenter of the Limassol Carnival that is exactly a month away from today and lasts 10 days. “What the (financial) crisis needs is carnival and
A portrait of Jeanne Hebuterne painted by Italian artist Amedeo Modigliani a year before his death in 1920 sold on Wednesday for 26.9 million pounds ($42.3 million), above the high estimate set
A nuclear accident similar to the one at Japan's Fukushima reactor would cost France about 430 billion euros ($580 billion), or 20 percent of its economic output, French nuclear safety institute IRSN
