European Economy News

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FTSE shares slip despite strong company results 29 Jul 10, 12:46 ET AFP - Leading shares in London slipped lower on Thursday, giving up early gains as Wall Street reversed direction despite a series of strong company results and economic data, dealers said. more Italy seeks private sponsors to restore Colosseum 29 Jul 10, 10:59 ET AP - Italian officials are seeking to raise some euro25 million (about $32 million) in private money to finance the restoration of one of the country's iconic landmarks: the Colosseum. more Euro zone economic sentiment rises to 28-month high 29 Jul 10, 06:10 ET Reuters - Euro zone economic sentiment rose strongly in July, buoyed by figures from Germany that point to a recovery as the currency area overcomes the sovereign debt crisis, but the outlook remains uncertain. more German jobless rate edges up to 7.6 percent 29 Jul 10, 06:02 ET AP - Germany's unemployment rate edged up slightly to 7.6 percent in July from 7.5 percent the previous month as summer vacations started, but the labor market is still on the road to recovery, new data showed Thursday. more Eurozone economic confidence 'highest in two years' 29 Jul 10, 05:59 ET AFP - Business and consumer confidence in the 16-nation eurozone jumped in July to its highest level in more than two years, driven by regional powerhouse German, the European Union said Thursday. more Police question French minister in L'Oreal affair 29 Jul 10, 05:45 ET AP - Financial police are questioning Labor Minister Eric Woerth about his connection to the heiress of the L'Oreal cosmetics fortune in a scandal that has reached the highest levels of President Nicolas Sarkozy's government. more Eurozone economic sentiment up again in July 29 Jul 10, 05:33 ET AP - Economic sentiment in the 16 countries that use the euro is at its highest level for over two years, the European Commission said Thursday. more British PM works to deepen Indian economic ties 29 Jul 10, 05:32 ET AP - British Prime Minister David Cameron worked to deepen his nation's ties with India on Thursday, using his trip to the former colony turned rising regional power to rake in millions of dollars in new business for the struggling British economy. more Greek police tear gas protesting fuel drivers 29 Jul 10, 04:37 ET AP - Greek police used tear gas Thursday to disperse protesting fuel-truck drivers, whose strike is hurting tourism and industry, after the government issued an emergency order to force them back to work. more Chemicals maker BASF sees Q2 earnings triple 29 Jul 10, 04:11 ET AP - Second-quarter profits at BASF SE more than tripled as a recovering global economy boosted demand and industry restocked inventories after the recession, the chemicals company said Thursday. more

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