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ECB vice president expects negative eurozone inflation in coming months

A senior official with the European Central Bank has said that he expects the inflation rate in the eurozone to turn negative next year. However, he also said he ... more >>

EU challenges new Boeing subsidies at WTO

The European Union has launched yet another dispute at the World Trade Organization over what it considers illegal US subsidies for Boeing. It claimed the state of ... more >>

Bank of Japan upbeat despite challenges

Notwithstanding a stream of negative news in recent times such as a shrinking output and falling business confidence, Japan's central bank has struck a more positive ... more >>

Franciscan Order reveals dodgy finances

The Order of Friars Minor (OFM), the Catholic Church's most prominent brotherhood of Franciscan friars, has said dubious dealings have led the OFM into serious ... more >>

Shareholders approve Alstom energy assets sale

Shareholders have given the green light for the sale of Alstom's energy assets to US giant General Electric. Alstom's management said the move was the best solution ... more >>

Amazon reputation tarnished amid labor disputes

German consumers may be spending more this month, but they are less likely to order from Amazon. That's because about a fifth of Germans disagree with the company's ... more >>

Consumer confidence rising in Germany

German consumers are in a spending mood this holiday season. And that sentiment will become more pronounced in the new year, market research group GfK has said, as ... more >>

Sony cyber attack a 'matter of US national security'

The United States has described a cyber attack on Sony Pictures as a matter of "national security" and vowed to respond appropriately. The attack led the company to ... more >>

BASF, Gazprom scrap asset swap deal

Germany's chemicals giant BASF and Russian energy company Gazprom have agreed to call off an important asset swap that the two firms had planned for the end of the ... more >>

Is Deutsche Bank considering selling Postbank?

Deutsche Bank, Germany's biggest bank, bought up shares of Postbank, the bank with the largest number of local branches, in 2008-2012. Now it's reportedly considering ... more >>

Carmakers suspend deliveries to Russia

The Russian currency has plummeted dramatically in recent days. Now European carmakers have suspended deliveries to their showrooms in Russia while they consider price... more >>