News

Germany's Enercon, the world's sixth-largest wind turbine maker, is cutting 3,000 jobs, or 17% of total staff, daily Sueddeutsche Zeitung reported, not citing where it obtained the information.

* EU finance ministers to back plan with joint statement in Dec.

Accountancy firm Deloitte said on Friday it had sold Mamas & Papas Retail to private equity firm Bluegem Capital Partners, leading to the shutdown of six loss-making stores and 73 job losses in the British nursery retailer. The news of the sale of the company, which sells pushchairs, car seats,...

Greece's competition watchdog confirmed on Friday that it had raided all the country's major banks a day earlier as part of an investigation into collaboration between lenders.

EU member states provisionally approved new reporting rules for card companies on Friday to combat value added tax (VAT) fraud in cross-border e-commerce.

Lebanese are protesting outside failing state agencies they see as part of a corrupt system in the hands of the ruling elite, as well as at banks they deem part of the problem.

It was meant to be a fleeting slowdown for Europe's economic powerhouse, followed by a rapid rebound.

Beijing is seeking to muzzle protest on UK campuses

* Erdogan says offensive stays until all Kurdish fighters leave

China is scrapping profitability requirements for private placements on Shenzhen's start-up board ChiNext, one of several regulatory changes to encourage more firms to raise equity funding and to create a more vibrant stock exchange.