European Business & Economy - Page 23

AFP - German Chancellor Angela Merkel lectured global leaders on the perils of protectionism, as the annual Davos forum kicked off with bullish predictions on growth but warnings about global warming.

FT.com - Debenhams failed to contribute to a strong rally in the UK market on Wednesday as a leading investment bank slashed its stance on the department store chain. More Info...  

AFP - The British economy rebounded strongly last year with a growth rate of 2.7 percent, in line with Finance Minister Gordon Brown's forecasts, official data has shown.

AFP - European share prices rebounded, with miners soaring on high commodity prices, while investors looked to economic data for fresh clues on British interest rates.

FT.com - London equities rose on Wednesday, helped by news of strong full-year profit at the mortgage bank Northern Rock and further gains for the mining sector. More Info...  

Business - European Economy Investor's Business Daily - Competition: A new study shows U.S. productivity rising at its slowest pace in a decade, slower even than Europe. Is it, as some suggest, a changing of the economic guard, with a resurgent EU surpassing the once-mighty U.S.? More Info...  

Investor's Business Daily - Competition: A new study shows U.S. productivity rising at its slowest pace in a decade, slower even than Europe. Is it, as some suggest, a changing of the economic guard, with a resurgent EU surpassing the once-mighty U.S.? More Info...  

FT.com - The prospect of further cost cutting and a $1.2bn (£605m) special dividend helped Smith & Nephew close at a 12-month high on Tuesday. More Info...  

AFP - Leading shares close slightly higher, bolstered by a positive start across the Atlantic and supported by miners in London.

AP - Germany, France and Italy should make "greater efforts" to bring down government debt by 2010, the European Commission said Tuesday, urging them to use higher-than-expected tax receipts to balance the books.

AFP - The European Commission has called on Germany, France, Italy and Slovenia to step up efforts to improve their public finances despite booming tax revenues.

AFP - Europe's main stock markets have fallen following overnight weakness on Wall Street and as the share prices of sugar giant Tate and Lyle and telecoms group Alcatel-Lucent dived on profit-warnings.

FT.com - European equities edged higher on Tuesday as modest gains for heavily-weighted banking and oil stocks helped offset falling techs following an earnings warning from Alcatel (NYSE:ALA)-Lucent. More Info...  

Business - European Economy FT.com - The US economy last year recorded its lowest rate of labour productivity growth in more than a decade, with growth in output per hour worked falling behind the EU and Japan. The fall casts further doubt on the ability of the Federal Reserve to cut interest rates as the US economy slows. More Info...  

FT.com - The US economy last year recorded its lowest rate of labour productivity growth in more than a decade, with growth in output per hour worked falling behind the EU and Japan. The fall casts further doubt on the ability of the Federal Reserve to cut interest rates as the US economy slows. More Info...  

AFP - The European Commission and the United States are optimistic about prospects for progress in stalled global trade talks although a breakthrough is not imminent, EU and US officials said.

FT.com - Lawyers will be overburdened by a new European Union directive on money laundering that could lead to prosecutions of family solicitors and raise the cost of establishing a trust, the Law Society has warned. More Info...  

FT.com - European equities hit fresh six year highs on Monday as firming commodity prices helped lift oil stocks, miners and industrial metals groups, while strong sales helped Swiss watchmaker Swatch. More Info...  

AFP - The ECB has denied a report which claimed bank president Jean-Claude Trichet would meet more frequently with Eurogroup chief Jean-Claude Juncker and EU commissioner Joaquin Almunia to discuss economic and monetary policy.

FT.com - London equities rose on Monday as takeover speculation continued to boost InterContinental Hotels Group. More Info...