Europe's slowdown endangers cap-and-trade market

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.
Posted In: carbon emissions, carbon credits, Europe

Swiss bank closes after U.S. tax evasion fine

Jan 4, 2013
Switzerland's oldest bank, Wegelin and Company, has plead guilty to helping wealthy Americans evade taxes.
Posted In: Switzerland, Wegelin and Company, Tax evasion, bank, Europe

Europe, post-fiscal cliff

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?
Posted In: fiscal cliff, Europe, Europe debt crisis

Volkswagen beats the odds in Europe

Nov 30, 2012
As other carmakers in Europe struggle for their very survival, VW is flourishing thanks in part to its worldwide appeal.
Posted In: Auto, Europe, Volkswagen

GM looks to close German autoplant

Nov 29, 2012
Strong unions and labor laws have kept struggling carmakers from cutting plants in Germany, but that may be about to change.
Posted In: Germany, Europe, Auto, GM

Peugeot: Rescued, but constrained by bailout

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.
Posted In: Auto, Europe, peugeot, France, carmakers

European automakers face dark present, uncertain future

Nov 27, 2012
Carmakers in Europe are seeing plunging sales and rising costs -- sound familiar? Will European automakers rebound like their U.S. competitors?
Posted In: Europe, carmakers, Fiat, Auto

European economic outlook grows darker

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.
Posted In: Europe, European Union, European Commission in $1.6 billion deal, will focus on Europe

Oct 22, 2012 has been acquired by a private equity group. The genealogy site has plans to expand services in Europe.
Posted In: ancestry, Europe

Draghi levels his big bazooka at eurozone debt

Sep 6, 2012
Making good on earlier promises, European Central Bank chief Mario Draghi has unveiled a huge bond-buying program aimed at tackling the European debt crisis.
Posted In: Europe, ECB, bonds, Europe debt crisis