China April HSBC PMI eases on weak external demand
BEIJING - China's factory-sector growth eased in April as new export orders fell for the first time this year, a private survey showed on Thursday, suggesting the euro zone recession and sluggish U.S. demand may be reining in China's economic recovery.
EU considers action, Pope weighs in, after Bangladesh disaster
DHAKA - The European Union is considering trade action against Bangladesh, which has preferential access to EU markets for its garments, to pressure Dhaka to improve safety standards after a building collapse killed more than 400 factory workers. | Video
Anti-EU party pressures Britain's PM Cameron in local vote
ASHFORD, England - Britain's ruling Conservatives are set to lose hundreds of seats in local polls on Thursday that will go some way to measuring the threat the surging anti-European Union UK Independence Party (UKIP) poses to their hopes of re-election in 2015.
EU gives support to Italy's Letta, cautions on debt
BRUSSELS - European Council President Herman Van Rompuy said on Wednesday that the European Union supported efforts by new Italian prime minister Enrico Letta to grow Italy's economy, but public finances must be kept in order.
EU considers trade action after Bangladesh factory collapse
DHAKA - The European Union is considering trade action against Bangladesh, which has preferential access to EU markets for its garments, to pressure Dhaka to improve safety standards after a building collapse killed more than 400 factory workers. | Video
Italy's Letta faces early squeeze over anti-austerity drive
ROME - Italy's new prime minister, Enrico Letta, is preaching an end to austerity while pledging to meet European Union debt targets and his fledgling coalition is already at odds over how to pay for cuts to an unpopular housing tax.
EU considers trade action after Bangladesh factory collapse
- The European Union voiced strong concern over labor conditions in Bangladesh after a building collapse there killed hundreds of factory workers, and said it was considering action to encourage improvements, including the use of its trade preference system.
Cyprus bailout scrapes through island's parliament
NICOSIA - Cyprus's parliament approved an EU bailout on Tuesday which will force it to wind down its second-largest bank and impose heavy losses on uninsured depositors at another, conditions that have intensified calls from islanders to exit the euro. | Video
Russia's oldest rights group told to register as "foreign agent"
MOSCOW - Moscow prosecutors told Russia's oldest human rights group on Tuesday that it must register as a "foreign agent" under a new law that critics say is a move by President Vladimir Putin to silence dissent.
Letta says Italy does not have to justify budget plans to Germany
BERLIN - Italy does not need to justify its spending plans to Germany as long as they remain within European Union deficit limits, Prime Minister Enrico Letta said on Tuesday.
EURO ZONE EMERGES FROM CRISIS
Rome will burn, regardless of vote
Regardless of who wins the election, Italy's long economic decline is likely to continue because the next government won't be strong enough to pursue the reforms needed to make its economy competitive again. Full Article
BRUSSELS AND THE EU LABYRINTH
Euro zone economy to shrink again
The euro zone will not return to growth until 2014, the European Commission said, reversing its prediction for an end to recession this year and blaming a lack of bank lending and record joblessness for delaying the recovery. Full Article
Don't rush towards Euro-pessimism
The siren call of Euro-pessimism should be ignored. It was wrong in 2010, and it will be wrong now. Europe faces hard years with no clear path, but that is not the same as dissolution and chaos. Full Article
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