July 05, 2012

Eurozone's private sector hit for a fifth month

The eurozone’s woes continued as the debt crisis dragged the region’s manufacturing and services sector down for a fifth consecutive month in June.

July 04, 2012

July 03, 2012

Rio Tinto Says Euro Crisis Weighs but Sees Robust China Growth

The euro-zone crisis is slowing global economic growth for the short term but China, the world's largest consumer of many commodities, is still expected to grow at more than 8% this year, mining titan Rio Tinto PLC (RIO) said in a presentation Friday.

July 02, 2012

Euro zone inflation steady, room for ECB move

BRUSSELS (Reuters) - Euro zone inflation held steady at a 16-month low in June, kept in check by a sharp fall in oil prices and supporting an already strong case for a near-term interest rate cut by the European Central Bank.

July 01, 2012

Debt crisis: Ireland hails euro 'game changer'

Ireland claimed that a deal struck at a summit of eurozone leaders was a “game changer” for the country which would help it escape a second bailout.