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Italy’s government unveiled a new section on its website, asking citizens to suggest ways to cut administrative costs in a drive to trim 4.2 billion euros this year alone.
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Market share gains and cost cutting helped Danish hearing aid and headset maker GN Store Nord to beat first-quarter profit forecasts on Thursday.
Booming sales in China and new versions of key models pushed automaker BMW AG’s earnings higher by 18 percent in the first quarter to (euro) 1.35 billion ($1.77 billion).
The dollar rose against most major currencies Wednesday on disappointing jobs data from Europe and the US.
Germany’s accelerated nuclear exit and its increased reliance on renewables is likely to cause a power gap equivalent to the output of up to 15 plants by 2020, participants at a high-level energy meeting agreed on Wednesday, according to sources.
The euro wallowed near two-week lows against the greenback on Thursday, having hit the skids overnight on the back of more depressing economic news out of Europe that put the spotlight on the central bank’s policy meeting.
Shares of Green Mountain Coffee Roasters Inc plunged more than 40 percent after the single-serve coffee company slashed its full-year sales outlook and warned that its scorching growth was beginning to cool off.
Crude oil futures fell on W ednesday, as U.S. crude inventories soared to their highest level in more than 20 years after rising for the sixth straight week last week and employment dipped in the United States and Europe, dimming the outlook for oil demand.
An Oracle Corp attorney ruled out a settlement with Hewlett-Packard Co in a bitter lawsuit over the Itanium microprocessor, a day after the judge refused to resolve the case for either side before trial.
Prices for copper and other metals fell after discouraging reports about jobs and factory production renewed worries that demand could weaken for a wide variety of manufactured goods.