France seen dodging recession — central bank
Bank of France bank says in 2013 forecast it expects France’s economy to grow 0.1% in the first quarterFactories boost German industrial output
Stronger manufacturing data raise hopes that Europe’s largest economy may be rebounding from a weak quarter
Alcatel-Lucent CEO throws in the towel
Alcatel-Lucent CEO Ben Verwaayen to step down after four-and-a-half years of efforts to turn around the phone-equipment maker
BoE cautious on monetary policy changes
Mark Carney believes flexible inflation targeting may be the most effective framework to stimulate the economy
Northern European downturn hits Vodafone
Telecoms group’s third-quarter revenue falls further than expected as northern European clients cut phone usage
European insurers diversify into lending
European insurers take on greater risk to boost investment returns
Draghi notes concern over euro
European Central Bank president says policy makers are concerned the euro’s advance could hamper an economic recovery in the 17-nation bloc
NEWS ANALYSIS: Virgin Media CEO bows out
Neil Berkett, who tripled Virgin Media’s share price and attracted a $16bn takeover bid, is on his way out
Hollande leads charge for exchange rate target
French President Francois Hollande urges the eurozone to set a mid-term target for its currency’s exchange rate and to forge a jobs policy to fight voter disillusionment
PMI data show signs of possible eurozone recovery
Markit’s eurozone composite purchasing managers’ index rises to 10-month high, but shows persistent divergence between Germany and France
Political scandal, economy cost Spain at bond auction
Spain raises €4.6bn from three bonds as corruption scandal and weak economy hit investor confidence but demand still strongAncient Pompeii to get €105m makeover
The project is seen as crucial for the survival of Pompeii after a series of collapses at the 44-hectare site
- Thomas Cook shakes up its airline business
- British chip maker rides smartphone, tablet wave
- EU mulls tougher penalties for euro forgery
- Liberty Global buys Virgin Media
- NEWS ANALYSIS: Germany exports far afield, little affected by weak demand in eurozone
- UBS reports hefty net loss
- Political tremors drive up bond yields in Europe
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