NEW YORK (Reuters) - Europe , long a scapegoat for weak earnings at U.S. multinational companies, is now looking like a more dependable source of profits, and that could make some stocks that have lagged this year's rally more enticing to investors.
Investment Board (CPPIB) said on Tuesday it has invested 320.8 million euro ($442.4 million) to acquire a 15 percent stake in nursing home operator Orpea as it bets on the French company's growth prospects in Europe and overseas.
Dec 11 (Reuters) - The European Central Bank could make eurozone banks hold capital against sovereign bonds, in a bid to stop weak lenders from using its cash to buy up debt from crisis-hit...
LJUBLJANA, Dec 12 (Reuters) - Slovenia, once the economic star of Europe 's ex-communist east, is set to reveal on Thursday how much money its banks need to stay afloat and whether it can get by without help from its euro zone peers.
* Bondholders, big savers of bad banks face losses from 2016
WASHINGTON, Dec 11 (Reuters) - Nineteen people and companies in Europe and Asia acted as middlemen for Iranian airline Mahan Air, helping it procure supplies from the United States in violation of U.S. sanctions, the U.S. Commerce Department said on Wednesday.
BRUSSELS, Dec 11 (Reuters) - Bondholders and large depositors in a failing bank face taking losses from the start of 2016, European Union negotiators have agreed, a European Parliament lawmaker said on Wednesday.
and that has not been very encouraging," says Erich Clementi, head of IBM 's Global Technology Services (GTS) unit. " Europe has shown signs of recovery. North America has been a little more uncertain.” The remarks comes less than two months after
* U.S. budget deal hashed out, lends support to greenback
DETROIT (Reuters) - With General Motors Co in recent days setting in motion big changes around the globe, the focus for new Chief Executive Mary Barra and her team will be making cars and trucks that prove popular enough to help end losses in Europe , analysts said.