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LONDON (Reuters) - The shadows being cast over the global economy darkened this month as the euro zone's private sector declined further and China's once-booming factories faltered, business surveys showed on Thursday.
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BERLIN (Reuters) - German business sentiment collapsed in May and the manufacturing sector shrank as turmoil in the euro zone unsettled firms, threatening to end the immunity of Europe's largest economy to the troubles surrounding it.
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European Union leaders on Thursday remained divided over whether to issue joint euro bonds, a disagreement that analysts said is weighing on markets.
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OSLO, Norway (AP) -- Thousands of teachers, carers and policemen have gone on strike in Norway in a protest over wages, shutting down hundreds of kindergartens and schools in the middle of exam time....
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FRANKFURT (Reuters) - Banks took almost 4 billion euros of overnight ECB loans on Thursday, the highest since a Greek debt restructuring-fuelled jump in mid-March and dovetailing with Greek banks being cut off from mainstream ECB funding.
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BEIJING (AP) -- China's Commerce Ministry issued a ruling Thursday that U.S. government support for six renewable energy projects violated free-trade rules, the latest volley in a widening conflict over clean power....
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HANOI, Vietnam (AP) -- Do Quoc Tai is an unlikely pain in the side of Vietnam's ruling Communist Party. Although the construction foreman earns just $150 per month, he and his neighbors have strong-armed the government, blocking a major ring road that's a symbol of the...(more)
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LUXEMBOURG (Reuters) - Europe's second-highest court on Thursday threw out MasterCard's challenge against an EU ban on its cross-border credit card fees.
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BEIJING (Reuters) - China's factories took a hit in May as export orders fell sharply, a private sector survey showed on Thursday, suggesting surprise weakness in April's hard economic data persists even as policymakers seek to shore up growth.
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LONDON (Reuters) - Thomas Cook on Thursday said current Premier Farnell boss Harriet Green would succeed Sam Weihagen as chief executive of the debt-laden tour operator at the end of July.
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MOSCOW (Reuters) - Russian President Vladimir Putin on Thursday ordered the government to approve a plan to sell in 2013-2015 state shares in the holding Rosneftegaz, which manages stakes in Gazprom and Rosneft , the Interfax news agency said.
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(Reuters) - U.S. media executive Harry Sloan has approached private equity firm CVC Capital Partners to buy a controlling stake in its asset, Australia's debt-ridden Nine Entertainment, a source with direct knowledge of the matter said.
