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The relations between China and Europe are "at a dynamic and beneficial phase of development," said Bulgarian President Georgi Parvanov in an exclusive interview with Xinhua Tuesday. There is a common desire and willingness on both sides to develop the political, economic and cultural relationship between China and the European Union (EU) in an all-round way, said the president. Such a desire ...

German retailer Rewe Group wants to add 82,000 new jobs by 2014 across Europe, including 25,000 in Germany, as it plans to open more stores despite the looming economic downturn.

Oct. 17 (Bloomberg) -- The cost of protecting high-risk, high-yield corporate bonds from default rose to a record in Europe ahead of reports that may show the U.S. economy is in a recession, traders of credit-default swaps said.

The European Central Bank was created with a single mandate: keep inflation in check. But the bank has transformed itself into a crisis manager over the last month as it has battled to keep Europe’s financial system and integrated economy intact, The New York Times’s Carter Dougherty reports.

Sometimes the old ones are the best -- so here’s a lighthhearted look at some traditional yet timely money saving tips.

Sometimes the old ones are the best -- so here’s a lighthhearted look at some traditional yet timely money saving tips.

Sometimes the old ones are the best -- so here’s a lighthhearted look at some traditional yet timely money saving tips.

Sometimes the old ones are the best -- so here’s a lighthhearted look at some traditional yet timely money saving tips.

Sometimes the old ones are the best -- so here’s a lighthhearted look at some traditional yet timely money saving tips.

Sometimes the old ones are the best -- so here’s a lighthhearted look at some traditional yet timely money saving tips.