The Canadian Psycho Luka Rocco Magnotta, who allegedly dismembered a Chinese student in Montreal before fleeing to Europe, will appear before a German judge in Berlin, a day after he was arrested. This will begin the first stage in extradition back to Canada.
The euro zone avoided recession with zero growth in the first quarter, but it seems to have run out of luck. Recent data out of the single currency bloc has led economists to conclude with confidence that a recession is looming and the European Central Bank may not act Wednesday.
Seventeen diplomats were labeled persona non grata in Syria on Tuesday and asked to leave the embattled country immediately.
German industrial orders fell at their fastest rate since November 2011 in April as orders from abroad dried up, adding to signs that Europe's largest economy is heading for a slowdown.
Bernard Thibault, the secretary of the Communist-backed Confédération Générale du Travail, one of France's largest unions, warned that at least 45,000 jobs (and maybe as many as 90,000) will be jettisoned by some 46 companies.
Spain said on Tuesday that credit markets were closing to the euro zone's fourth biggest economy as finance chiefs of the Group of Seven major economies were to hold emergency talks on the currency bloc's worsening debt crisis.
Futures on major U.S. indices point to a slightly higher opening Tuesday ahead of the nonmanufacturing composite index report, as well as a teleconference among G7 leaders.
Stocks have wiped out their year-to-date gains. US payrolls are down while unemployment is up. Yields on high-demand government bonds are at record lows. Speculation abounds the US Fed might even print more money. Is it any wonder some are talking about gold?s rebound?
Finance chiefs of the Group of Seven leading industrialized powers will hold emergency talks on the euro zone debt crisis on Tuesday in a sign of heightened global alarm about strains in the 17-nation European currency area.
German police arrested fugitive murder suspect Luka Rocco Magnotta at an internet cafe in Berlin on Monday.
The euro has one advocate: billionaire investor George Soros, who said in a speech that he expects the currency to survive with the aid of Germany.
International Atomic Energy Agency chief Yukiya Amano said two weeks ago he expected a framework co-operation deal to be signed with Iran when he returned to Vienna from a rare trip to Tehran.
Futures on major U.S. indices point to a lower opening Monday ahead of the U.S. Dept. of Commerce's Report on Manufacturers' Shipments, Inventories and Orders, and increasing concerns over the euro zone crisis.
Spanish Prime Minister Mariano Rajoy proposed on Saturday that the 17 countries in the euro zone create a common fiscal authority, with each surrendering a significant amount of its national sovereignty to send a signal to financial markets about the certainty of their single-currency experiment.
Newly elected French President Francois Hollande on Friday called for Syrian President Bashar al-Assad to step down to prevent continuing violence. No solution to this crisis is possible without the departure of Bashar al-Assad, Hollande said.
Volkswagen AG (Frankfurt: VOW) U.S. sales grew 28.4 percent in May, the company's best May since its heyday as a 70s era-icon.
A shockingly weak jobs report hammered U.S. equities Friday, as major stock indexes headed for their worst loss of the year and erased all of their 2012 gains.
Got an extra long weekend to explore the British capital where Queen Elizabeth II will be celebrating her 60th year on the throne with a massive Diamond Jubilee party? Come explore London amid the royal hoopla.
Some 110,000 people were added to the unemployment rolls of the 17-nation euro zone in April, the statistical office of the European Union reported Friday, once again setting a record high, as every country in the common currency agreement save for Austria, Germany and Ireland reported a deteriorating labor condition. The unemployment rate held steady at 11 percent.
Verizon Communications (NYSE: VZ)?s plans to acquire Hughes Telematics (OTC: HUTC) for $612 million indicates the biggest U.S. phone company is seeking a new market: Mercedes-Benz drivers.
Shares of big gold mining companies rocketed higher Friday as the yellow metal regained its status as a safe-haven amid growing fear that the American economy may not be able to offset the combined drag of the euro zone crisis and sharply decelerating growth in China and India.
A higher-than-expected 60.3 percent voted yes in the euro zone's only national referendum on the fiscal pact, a binding agreement which will tie the 25 signatories to hard budget targets and set fines for missing them.
