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Spanish jobless claims fall in June for fifth straight month

Last Updated: Thursday, July 2, 2015, 15:03

The number of registered unemployed fell in Spain for the fifth straight month in June, government data showed Thursday, but the country continues to battle one of the highest jobless rates in Europe.

Indian IT firms to see marginal impact of Greek crisis: BofA

Last Updated: Wednesday, July 1, 2015, 13:18

Large IT companies in India are likely to see a marginal 1-2 percent earnings impact from the economic crisis in Greece due to their exposure to Europe, while their direct revenue exposure to Greece is "practically zero", a research report said today.

`Plan B` looms after Greece and Europe fall out

Last Updated: Sunday, June 28, 2015, 05:07

With Greece`s creditors refusing to extend its bailout, attention has turned swiftly to preventing massive capital flight as worried Greek citizens pull cash from ATMs.

Greece on the brink after Europe refuses bailout

Last Updated: Sunday, June 28, 2015, 02:42

Greece hurtled closer to the catastrophic possibility of a euro exit Saturday after Europe responded to the government`s call for a referendum by refusing to extend Athens`s desperately needed bailout.

Greece sends German business confidence to four-month low

Last Updated: Wednesday, June 24, 2015, 14:22

German business confidence fell to its lowest level in four months in June as uncertainty about Greece caused the outlook for Europe`s biggest economy to cloud over, the Ifo economic institute said on Wednesday.

Tsipras cancels Council of Europe address due to summit

Last Updated: Monday, June 22, 2015, 19:59

Greek Prime Minister Alexis Tsipras has cancelled a planned address to the Council of Europe, the Strasbourg-based body said Monday as eurozone leaders were set to hold an emergency summit on a deal deal for cash-strapped Athens.

India emerges as UK's 3rd largest FDI source in 2014

Last Updated: Wednesday, June 17, 2015, 20:30

The UK on Wednesday said it has maintained its position as the number one destination for FDI in Europe after attracting a record number of projects from over 70 countries including India, bringing in the largest financial value and associated jobs over the past year.

Airbus expects commercial planes demand to touch $4.9 tn

Last Updated: Tuesday, June 16, 2015, 18:58

Airbus confirmed the sale of 60 modernised versions of the A320neo family to the aircraft financing and leasing company, GECAS.

Tata Steel Europe Chief meets British MPs over union trouble

Last Updated: Thursday, June 11, 2015, 16:54

"The scheme is faced with a projected shortfall of up to 2 billion pounds, which both the company and the unions agree makes change necessary. In a robust and constructive dialogue Koehler answered all the questions MPs asked him," it said.

Eurozone bank stress tests set for 2016: Report

Last Updated: Sunday, June 7, 2015, 00:04

"There will be a public and general stress test next year. It could only concern a part of the 123 banks that we supervise directly," Nouy was quoted as saying by German paper Die Welt.

Eurozone unemployment drops to 11.1% in April: Eurostat

Last Updated: Wednesday, June 3, 2015, 16:40

EU-wide, unemployment in the 28 member states fell by 0.1 percent to 9.7 percent in April.

China's Xiaomi launches online store in US, Europe

Last Updated: Tuesday, June 2, 2015, 21:17

Xiaomi launched mi.Com in France, Britain and Germany on Tuesday, it said in a statement.