Europe

Europe Still Biggest Headwind to Global Recovery

Europe's financial crisis remains the biggest hurdle to global economic recovery and will be in focus at a meeting of world finance chiefs in Mexico City this weekend, a senior U.S. Treasury official said on Friday.

Stock Futures Lower on Storm, Europe; Cash Markets Closed

Stock index futures fell on Monday as a huge and potentially damaging hurricane was expected to hit the U.S. East Coast later in the day, and traders eyed renewed uncertainty in Europe that hit bonds in peripheral euro zone nations.

Firm dollar, weak Europe crimp U.S. industrials' sales

Four top U.S. manufacturers, including General Electric Co (GE.N) and Honeywell International Corp (HON.N), reported weaker-than-expected sales on Friday, in a fresh warning to investors that demand around the world remains sluggish.

Firm Dollar, Weak Europe Crimp U.S. Industrials' Sales

Four top U.S. manufacturers, including General Electric Co (GE.N) and Honeywell International Corp (HON.N), reported weaker-than-expected sales on Friday, in a fresh warning to investors that demand around the world remains sluggish.

CME muscles into Europe with new futures exchange

CME Group Inc (CME.O), the biggest U.S.futures market operator, plans to launch a European exchange in a bid to break the duopoly of NYSE Euronext (NYX.N) and Deutsche Boerse AG (DB1Gn.DE) and expand CME's customer base in the process.

IKEA plans stylish budget hotel chain in Europe

IKEA, best known as the world's largest furniture retailer, plans to build a budget hotel chain across Europe, following a trend for cheap-but-cool accommodation driven by low air fares and increasingly price-conscious business travellers.

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