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Europe's slowdown endangers cap-and-trade market
by
Jan 25, 2013
Europe has the largest market for carbon permits in the world. The idea is, the more a company has to pay for permits to pollute, the greater incentive it has to reduce pollution. But the economic slowdown has greatly reduced the cost of permits.
Swiss bank closes after U.S. tax evasion fine
Interview with
Jan 4, 2013
Switzerland's oldest bank, Wegelin and Company, has plead guilty to helping wealthy Americans evade taxes.
Europe, post-fiscal cliff
by
Jan 2, 2013
European stocks scored gains in early trading after the United States reached a deal to avoid the fiscal cliff, but will the optimism last?
Volkswagen beats the odds in Europe
by
Nov 30, 2012
As other carmakers in Europe struggle for their very survival, VW is flourishing thanks in part to its worldwide appeal.
GM looks to close German autoplant
by
Nov 29, 2012
Strong unions and labor laws have kept struggling carmakers from cutting plants in Germany, but that may be about to change.
Report calls Kabul Bank a 'ponzi scheme'
Interview by
Nov 29, 2012
A new report says that the now collapsed Kabul Bank in Afghanistan acted as a 'ponzi scheme.'
Peugeot: Rescued, but constrained by bailout
by
Nov 28, 2012
Last month, Peugeot secured a $9 billion lifeline from the French government to stay out of bankruptcy. In return, French politicians want the struggling company keep jobs, not cut them.
European automakers face dark present, uncertain future
by
Nov 27, 2012
Carmakers in Europe are seeing plunging sales and rising costs -- sound familiar? Will European automakers rebound like their U.S. competitors?
European economic outlook grows darker
by
Nov 7, 2012
The storm clouds are gathering over the European economy. The European Commission says the economy in the European Union will shrink this year and that next year it will only barely grow.
Ancestry.com in $1.6 billion deal, will focus on Europe
by
Oct 22, 2012
Ancestry.com has been acquired by a private equity group. The genealogy site has plans to expand services in Europe.












