Lufthansa strike grounds hundreds of flights
German flag carrier Lufthansa on Tuesday cancelled over 200 flights at its Frankfurt hub, Europe's third busiest, as a union chief threatened to hit every German airport with a 24-hour strike on Friday.
05 September 2012
Moody's downgrades EU rating outlook to 'negative'
Moody's on Monday lowered the European Union's long-term issuer rating outlook from stable to negative, saying the move reflected credit risks of the bloc's key budget contributors.
South Africa miners to be freed
South African courts are due Monday to start releasing 270 miners arrested over the deaths of fellow workers shot by police, after the murder charges against them were provisionally dropped.
Judgement day looms for euro
When the history books come to be written about the euro, September 12, 2012 could well prove one of the most significant dates in the life of the embattled single currency.
Japan court rejects Apple patent claims against Samsung
A Japanese court Friday rejected Apple's claim that Samsung stole its technology, dealing a blow to the iPhone maker after last week winning $1.05 billion in damages in the US from its bitter rival.
01 September 2012
Moody's holds Spain rating pending eurozone moves
Moody's said Thursday that it would hold its review of Spain's credit rating until late September as it waits for more clarity on the European Stability Mechanism and moves for a eurozone banking union.
Craft beers enjoy boom despite Italy's crisis
With oyster, tobacco and watermelon flavoured brews, Italy's craft beers are flourishing despite a punishing recession that is putting thousands of other businesses out of work.
29 August 2012
Apple hits new record after big US court victory
Apple shares soared to a new all-time high Monday after the US tech giant's big win in a patent lawsuit against South Korea's Samsung, which saw its own stock tumble.
Moody's upgrades S. Korea credit rating
Ratings agency Moody's Investors Service Monday upgraded South Korea's sovereign credit rating, citing strong fiscal fundamentals and resilience to external economic shocks.
