Stories by Pan Pylas

Friday, April 29, 2016

Eurozone economy back to pre-recession size

Official figures show that the eurozone economy grew by a quarterly rate of 0.6 percent in the first three months of year, a level of growth that means the single currency bloc has finally clawed ...
By Pan Pylas

Monday, April 18, 2016

Lower US supply to underpin oil price despite talks' failure

LONDON - The failure by oil-rich nations to agree to freeze production sent crude prices lower Monday.
By Pan Pylas

Friday, Feb. 12, 2016

Worries cloud growth streak for eurozone

LONDON - The eurozone is in its longest stretch of economic expansion since the global financial crisis, but growth remains paltry despite a series of tail winds and is susceptible to a reverse if ...
By Pan Pylas

Tuesday, Oct. 6, 2015

European data-sharing pact with US ruled invalid

LUXEMBOURG - Facebook and thousands of other companies could find it vastly more complicated to do business in Europe after a court ruled that personal data sent to U.S. servers is potentially ...
By Pan Pylas

Monday, July 6, 2015

Global markets fall sharply after Greek 'no' vote

LONDON — Stock markets and oil prices fell this morning after Greece's voters overwhelmingly rejected reform proposals from international creditors.
By Pan Pylas

Monday, April 13, 2015

Corporate deals appetite hits 5-year high

LONDON — The current wave of corporate takeovers and mergers is set to grow, with the appetite for deals among executives hitting a five-year high thanks to a strong dollar and low oil prices, a ...
By Pan Pylas

Friday, Jan. 2, 2015

Euro falls after ECB chief hints at stimulus

LONDON - The euro slid to a 4-1/2 year low against the dollar on Friday after the head of the European Central Bank hinted at plans to fight alarmingly low inflation across Europe.
By Pan Pylas

Tuesday, Dec. 2, 2014

Deflation looms as Europe's economic bugbear

With prices barely rising, preventing deflation becomes key concern in European policymaking.
By Pan Pylas

Wednesday, Nov. 26, 2014

Black Friday shopping craze catching on in UK

LONDON — Halloween and Mother’s Day have become staples of the U.K. shopping calendar. Now Black Friday looks as though it may be the next big retail import from the United States.
By Pan Pylas

Wednesday, July 4, 2012

European markets' rally runs out of steam

European stocks gave up some of their recent gains Wednesday as investors remained cautious.
By Pan Pylas
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