BRUSSELS (Reuters) - Inflation in the 18 countries sharing the euro edged up slightly in October, a first estimate by the European Union's statistics office showed on Friday, giving some hope to policy makers that price deflation can be avoided.
ROME (Reuters) - Italy's Monte dei Paschi and Carige , the two banks that fared worst in the ECB's recent stress tests, will soon unveil plans aimed at strengthening their capital bases, and the Bank of Italy will oversee those plans' implementation, the head of the Italian central bank said on Friday.
MUNICH (Reuters) - Continental said a fault with airbags installed at premium sportscar maker Audi could cost a double-digit million euro amount to fix, a sum which the German automotive supplier could absorb without revising its earnings guidance.
Hilton Worldwide said its third-quarter profit edged down on higher expenses, but the hotel operator raised its outlook for the year on strong revenue and occupancy rates.
With most pension funds investing a large proportion of their assets in debt, Japan’s government pension fund has turned the other way and slashed its debt holdings and moved further into local and foreign stocks in a bold move into riskier allocations.
PARIS (Reuters) - France's No. 1 bank BNP Paribas returned to net profit in the third quarter, recovering from a costly U.S. legal settlement to publish what it called a "rock solid" balance sheet, sending its shares up over 4 percent.
As more millennials continue to enter the workforce, employers are increasingly turning their attention to recruiting them. But if employers think Generation Y workers will respond to the same old tactics they used in years past, they may want to think again: Millennials aren't always the easiest to recruit. "[According to a Kauffman study], 54% of millennials either want to start a business or already have started one," said Ryan Jenkins, millennial keynote speaker and author. "As technology and the Internet enable new avenues for entrepreneurship, not only do recruiters have to compete against other companies wooing young talent but now have to also compete with millennials' passion and entrepreneurial aspirations." Read more...More about Hiring, Millenials, Business, Jobs, and Career Advice
British Airways parent, International Consolidated Airlines Group, raised its full-year earnings guidance as a turnaround at its Spanish unit Iberia spurred a 30% rise in operating profit in the third quarter.
The 2014 elections are mercifully just days away and Republicans across the country are expecting a great night. Should Harry Reid fall, Republicans in the Beltway will be running to the Capital Grille to toast their incredible success and back-slap well into the morning. In fact, the mutual admiration society will last weeks if not months before folks realize that it is quite possible they didn’t win much more than a bigger headache.
Despite international sanctions and under pressure from civil rights groups, Apple has decided to explore sales opportunities in Iran, and perhaps help bring big changes to the country.
Insights from Huggy Rao and Bob Sutton on how to scale the right mindset at your company.
Google is a company that thrives on innovation, and it has brought that energy and spirit to the email channel over the last few years, helping shake up the industry that just won't change (see, I didn't say "die" there). Google seems to have doubled down on email as it realizes it is the cornerstone of the consumer Internet experience. The latest shake-up in the inbox is their latest product called Inbox (hey, no one said they are innovative product marketers). A provoking article about why Google wants to replace Gmail is a must-read as a companion piece to this article. See also: Google Launches Inbox to Reinvent the Email App Read more...More about Google, Inbox, Email Marketing, Business, and Marketing
A federal judge has ruled that investors who lost money in a fraud scheme will receive most of their money back.
Royal Bank of Scotland, which is majority-owned by the U.K. government, has set aside 400 million pounds ($639 million) to cover potential fines arising from international investigations into alleged manipulation of foreign currency trading.
Hungary's prime minister says the government will suspend a planned tax on Internet use and reconsider the matter next year.
Anheuser-Busch InBev reported that weakness in the U.S., Russia and Ukraine weighed on sales volumes in the third quarter, even as cost cuts and strong sales elsewhere boosted profit.
HTC Corp. on Friday predicted sales would at least stay flat in the fourth quarter after three years of decline.
A number of Air Canada ground staff find the airline's new crackdown on oversized carry-on bags so unpleasant that they don't want to do it, a representative from the airline's union told CBC News.
Hundreds of natural treatments on store shelves bring in billions of dollars in sales every year in Canada. CBC's Marketplace looks at how can you tell what's a cure-all and what's a cash grab.
On Facebook’s earnings call this week, management stunned investors with plans to ramp spending as much as 75% in 2015, more than double the 35% analysts expected.