Alexa

European Central Bank faces gloomier picture for economy

FRANKFURT, Germany (AP) — The European Central Bank is looking at a darkening picture for the economy as infections and deaths surge. With more than a trillion euros of pandemic stimulus still in the...

Volkswagen triples electric car sales ahead of climate rules

FRANKFURT, Germany (AP) — Europe's push into electric cars is gathering speed — despite the pandemic. Automaker Volkswagen tripled sales of battery-only cars in 2020 as its new elec...

COVID-19 vaccine shipments arrive across EU before rollout

WARSAW, Poland (AP) — The first shipments of coronavirus vaccines have arrived across the European Union as authorities prepared to administer the first shots to the most vulnerable people in a coordi...

What now for British economy with UK-EU trade deal reached?

LONDON (AP) — The last-minute trade deal between the U.K. and the European Union means businesses will be spared new tariffs and border disruption at the start of the new year - an economic shock that...

From restaurants to retailers, virus transformed economies

NEW YORK (AP) — It would be just a temporary precaution. When the viral pandemic erupted in March, employees of the small insurance firm Thimble fled their Manhattan offices. CEO Jay...

From restaurants to retailers, virus transformed economies

NEW YORK (AP) — It would be just a temporary precaution. When the viral pandemic erupted in March, employees of the small insurance firm Thimble fled their Manhattan offices. CEO Jay...

Volkswagen board issues vote of confidence in CEO Diess

FRANKFURT, Germany (AP) — The board of automaker Volkswagen has given CEO Herbert Diess a public show of support for his push into digital and electric cars after media reports Diess had clashed with ...

Virus-hit European economy likely to get stimulus shot

FRANKFURT, Germany (AP) — The European Central Bank is expected to unleash a half-trillion euros ($600 billion) or more in stimulus on Thursday to support businesses, workers and governments through t...

As infections rise, European Central Bank prepares stimulus

FRANKFURT, Germany (AP) — The European Central Bank is expected to unleash another blast of stimulus on Thursday to help businesses bridge the gap until the economy recovers from the pandemic - and to...

Vaccine 1st puts spotlight on German pharma company BioNTech

MAINZ, Germany (AP) — The email that arrived in the ancient German city of Mainz shortly before 1 a.m. in the morning marked a turning point in the global effort to deliver a reliable vaccine against ...

OPEC talks on production hit snag as pandemic clouds outlook

FRANKFURT, Germany (AP) — The OPEC oil producers' cartel was to push ahead with a new round of discussions Tuesday about how much oil to pump next year as countries wrestled over whether to extend pro...

Top central bankers: Economy needs help despite vaccine news

FRANKFURT, Germany (AP) — Three of the globe's top central banks said the world economy continues to need help despite news of progress toward a COVID-19 vaccine, with U.S. Federal Reserve Chair Jerom...

EU faces knotty trade fights with US _ no matter who wins

FRANKFURT, Germany (AP) — After winemakers, cookie bakers, and olive growers wound up as collateral damage, Europe is closely watching the U.S. presidential election, waiting to see whether the next f...

Eurozone growth soars record 12.7% but fears grow for winter

FRANKFURT, Germany (AP) — The European economy grew by an unexpectedly large 12.7% in the third quarter as companies reopened after severe coronavirus lockdowns, but the rebound is being overshadowed ...

European Central Bank holds off on strengthening stimulus

FRANKFURT, Germany (AP) — The European Central Bank held off from strengthening its stimulus programs despite growing concern that a renewed surge in COVID-19 cases could stall the economy’s recovery ...