McDonald's Corp reported a stronger-than-expected sales rebound in January in Europe, its biggest market for revenue, sending its shares up 3 percent in midday trading.
German industrial production fell more than expected in December 2010, posting a decline for a second consecutive month.
The heightened sense of scrutiny surrounding many heavily-indebted rich nations is sending the right message about fiscal discipline but is coming at the wrong point in the recovery cycle for many countries, and could do more harm than it's worth to the global economy.
Global defense manufacturers, competing to sell products to one of the fastest growing aircraft markets in the world, are poised to unveil new products at India's biennial air show and fight it out for one of the largest export orders in the history of defense.
At this year's Laureus Sport Awards, held at Abu Dhabi on Monday, Spain's Tennis World Number 1 Rafael Nadal and USA's Skiing Olympic gold medalist Lindsey Vonn bagged the top honors of 'Sportsman' and 'Sportswoman' of the year, respectively.
The German newspaper Der Spiegel is reporting that the U.S. government has devised a plan for the president of Egypt Hosni Mubarak to exit the country gracefully by going to a hospital in Germany to seek medical treatment and a “prolonged health check.”
After the Great Recession, Europe has embarked on a Great Regression. Wages, pensions, unemployment insurance, welfare benefits and collective bargaining are under attack in many areas as governments struggle
World stocks rose on Monday, hovering near a 29-month high on further signs of global economic recovery, and copper rallied to a record high while U.S. 10-year Treasury yields hit their highest since May.
Astonished by the uprising in Egypt, Western countries anxious to be on the right side of history have started to reassess ties to army-backed Arab strongmen stubbornly opposed to democracy.
The United Nations on Sunday drove home the warning from Western nations that a transition to democracy in Egypt should not be rushed to avoid worsening the crisis and destabilising the entire Middle East.
Turmoil on the streets of North Africa could lead to a tourism boost for Spain as tour operators rush to offer alternatives for customers seeking winter sun.
Seeking to flee extraordinarily high rates of unemployment in their country, thousands of young Spaniards are seeking to find jobs in Germany.
Echoing recent comments by German leader Angela Merkel, the British Prime Minister David Cameron has blasted state multiculturalism in a speech held at a security conference in Munich.
Cruise enthusiasts can look forward to sailing across some of the hidden harbors and secluded coves of the world this year as Windstar Cruises offers its guests a choice of diverse itineraries in 2011 and winter 2012.
Two Eurofighter Typhoons of the Italian Air Force arrived at Yelahanka Air Force Station in Bengaluru, India, on Friday to showcase their outstanding operational capabilities at “Asia’s premiere air show,” Aero India 2011.
Germany and France tried to win backing for a pact to strengthen the euro zone economy on Friday, but many other EU states were angered by what they saw as a 'fait accompli' and the measures contained in it.
Britain, worried about a growing threat from cyber espionage and cyber crime, offered Friday to host an international conference to tackle such issues.
EU member states failed to relax a travel ban on Iran's foreign minister in time for him to attend this weekend's Munich security conference, but plan further discussion on whether to let him visit the bloc in future, an EU official said Friday.
A monthly gauge of online labor demand in the United States rose 7.0 percent in January compared to the same month a year ago, despite a decline the government employment.
European Union leaders will discuss strengthening the euro zone's 440 billion euro bailout fund at a summit on Friday and try to agree how best to insulate the region from the year-long debt crisis.
World number two truckmaker Volvo said production problems and a shortage of skilled staff thwarted its efforts to react quickly enough to a strong rise in demand, hitting its quarterly earnings.
The head of Germany's prestigious Ifo economic research institute on Friday slammed European plans to increase economic coordination, calling motions by the EU's executive arm ridiculous.
