STOCKHOLM (Reuters) – House buyers in Sweden have never had it so good, at least by some measures. But cheap credit and spiraling prices may be creating a bubble – one that could send the country’s economy reeling when it bursts.
FRANKFURT (Reuters) – U.S. jobs data due in the coming week may hold the key to whether the Federal Reserve will raise interest rates for the first time since 2006 in December, signaling its intention to end an era of almost-free dollars.
BEIJING (Reuters) – Activity in China’s manufacturing sector unexpectedly contracted in October for a third straight month, an official survey showed on Sunday, fuelling fears the economy may be cooling further in the fourth quarter despite a raft of stimulus measures.
BEIJING (Reuters) – Activity in China’s manufacturing sector unexpectedly shrank for a third straight month in October, an official survey showed on Sunday, fuelling fears that the economy may be cooling further in the fourth quarter despite a raft of stimulus measures.
FRANKFURT (Reuters) – Talks between Lufthansa and its main cabin crew union have failed, the union said on Saturday, raising the prospect of more strikes at the German carrier.
FRANKFURT (Reuters) – Greece’s banks need to raise more than 14 billion euros (10 billion pounds) of extra capital to cover mounting unpaid loans, the European Central Bank said on Saturday as it announced the results of stress tests intended to rehabilitate Greek lenders.
FRANKFURT (Reuters) – Greece’s banks need to raise more than 14 billion euros ($16 billion) of extra capital to cover mounting unpaid loans, the European Central Bank said on Saturday as it announced the results of stress tests intended to rehabilitate Greek lenders.
FLORENCE (Reuters) – An Italian court said on Saturday there was no proof to back up allegations three top officials at Italy’s biggest bank by assets UniCredit had helped a businessman who prosecutors claimed had links to the Sicilian mafia, according to a court document.
ZURICH (Reuters) – Swatch Group expects to launch a smartwatch that can be used to make payments in Switzerland next spring, Chief Executive Nick Hayek said in an interview with a Swiss newspaper published on Saturday.
BERLIN (Reuters) – The “Made in Germany” brand has not been damaged by the Volkswagen scandal, but the carmaker needs to deal with the matter in a transparent manner, German Chancellor Angela Merkel said on Saturday in her weekly podcast.