EADS and BAE Systems called off the world's largest defence and aviation merger on Wednesday, and pinned the blame on Germany for wrecking the $45 billion deal. BAE said it had become
Greek industrial output rose in August for the first time since the country's debt crisis began, led by higher exports, data from statistics agency ELSTAT showed on Wednesday. The indicator rose by
Eleven euro zone countries agreed on Tuesday to press ahead with a disputed tax on financial transactions aimed at making traders share the cost of fixing a crisis that has rocked the
Swiss retailer Dufry is to buy the duty-free operations of Greek rival Folli Follie , a rare vote of confidence in an economy deserted by other foreign companies concerned over its future
Greece's main public and private sector labour unions will hold a 24-hour strike on Oct. 18 to protest new austerity measures sought by the near-bankrupt country's international lenders, a union official said
Italian Prime Minister Mario Monti announced an income tax cut to help low earners, giving a rare lift to struggling households ahead of parliamentary elections next year. The unexpected measure was presented
Japan's Toyota Motor Corp announced a massive recall on Wednesday to fix malfunctioning power window switches, saying it will pull back 7.43 million vehicles worldwide in the biggest single recall since 1996,
* Police fire teargas, protesters pelt them with rocks, sticks * Merkel's first trip to Greece since start of debt crisis * Greeks angry over austerity that many blame on Germany Tens
As Greece's privatisation programme resumes this month, nearly half a year behind schedule, at stake is not just the billions of euros it needs to raise, but the credibility of its commitment
Asian shares fell on Wednesday, with Japanese stocks sliding 2 percent to a two-month low, and the safe-haven dollar firmed on concerns that the corporate results season will reveal weaker earnings in
