Business

Tens of thousands of Czech protest, demand minister quits

May 21, 2019

Tens of thousands Czechs are rallying in Prague as the protests demanding the resignation of the new justice minister intensify

EU rejects claim that its car exports threaten US security

May 20, 2019

The EU is rejecting claims that Europe's car exports pose a threat to the United States after U.S. Commerce Secretary Wilbur Ross rule that imported vehicles and parts threaten national security

The Latest: Austria to see early election after scandal

May 18, 2019

Austrian Chancellor Sebastian Kurz has called for an early election after his vice chancellor resigned over a covertly shot video that showed him apparently promising government contracts to a prospective Russian investor.

Cyprus president criticizes UK minister over Turkey drilling

May 14, 2019

Cyprus' president has criticized remarks by Britain's Foreign Office minister that cast doubt over the east Mediterranean island nation's offshore economic rights as 'unacceptable'

Hungary stems migrant flow, but issue remains big in EU vote

May 10, 2019

Hungary has stemmed the flow of migrants into the country compared to 2015, but the issue is still dominating the campaign for the European Parliament election

Voters to pick successor of Lithuania's popular 'Iron Lady'

May 10, 2019

Nine candidates are vying Sunday to follow Lithuania's popular President Dalia Grybauskaite as head of state

UniCredit profits up 25 percent, best 1Q in a decade

May 9, 2019

Italy's largest bank by assets, UniCredit, posted its best quarter in a decade, with a 25% boost in first-quarter profits as the bank pushes ahead with a reorganization plan that includes deep cost-cutting

Cyprus seeks EU backing to counter Turkey's gas drilling bid

May 8, 2019

Cyprus says it will rally support from fellow European Union countries and others to counter Turkey's bid to drill in waters where the east Mediterranean island nation has exclusive economic rights

World's biggest beer maker looks to list shares in Asia

May 7, 2019

AB Inbev, the world's biggest brewer and the owner of brands like Bud and Stella Artois, says it may list some of the shares of its Asian business on the Hong Kong stock exchange

Ferrari driven by surge in sales in China

May 7, 2019

Automaker Ferrari says its profits rose in the first quarter as demand for its luxury sports cars grew strongly, particularly in China

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