A day after the EU Trade Commission placed anti-dumping duties on Chinese solar panels, the Chinese government has launched an investigation into doing the same on EU wine exports to China.

The Institute of Supply Management releases its survey of U.S. factories for the month of May today. In Europe, the latest factory ordering data are indicating modest economic improvement.

One in four Americans get no vacation days while the average European gets 25 days off.

European — and some American manufacturers — believe Chinese solar panels are being sold for less than they cost to build. The European Commission is investigating, but now Germany is distancing itself from the "dumping" allegations.

The European Commission is looking into whether Apple uses unfair tactics that hurt competition, according to the Financial Times.

But that comes with an asterisk.

Finland's only oil refiner has now been ensnared into the investigation.

The European Commission is investigating a potential price manipulation scheme among oil companies.

European steel giant ArcelorMittal announces its quarterly results today at a time when the global steel industry faces substantial challenges.

More than a million foreigners flocked to Germany for work last year, the biggest influx since 1995. Most of the migrants were from Eastern Europe, but many came from recession-hit countries elsewhere in the euro zone.