Retail Sales In Eurozone Show Upturn In Economy


Retail Sales In Eurozone Show Upturn In Economy
BY PAUL HANNON
The Wall Street Journal Europe
05 Mar 2015

Retail sales in the eurozone rose for the fourth straight month in January and at the fastest rate in more than nine years, a fresh sign that the currency area’s economy has strengthened ahead of the launch of the European Central Bank’s new stimulus…read more…

Monitors in Ukraine Say Access Still Lacking


Monitors in Ukraine Say Access Still Lacking
BY NICK SHCHETKO —Stephen Fidler in Brussels contributed to this article.
The Wall Street Journal Europe
05 Mar 2015

KIEV, Ukraine—International observers said Wednesday that fighting between government forces and Russia-backed militants continued to subside but that they haven’t been able to verify the withdrawal of heavy weapons from the front lines. The comments…read more…

China’s Military Spending to Rise 10%


China’s Military Spending to Rise 10%
BY JEREMY PAGE —Mark Magnier contributed to this article.
The Wall Street Journal Europe
05 Mar 2015

BEIJING— China will raise military spending by about 10% this year, a senior Chinese official said, suggesting that an economic slowdown will have limited impact on modernization plans that include new submarines, aircraft carriers and stealth fighter…read more…

Iran Talks Near Understanding on Breakout Period


Iran Talks Near Understanding on Breakout Period
BY LAURENCE NORMAN
The Wall Street Journal Europe
05 Mar 2015

MONTREUX, Switzerland—An understanding is emerging between Iran and six major powers that a final nuclear deal between the two sides must be structured around a key U. S. demand— that Tehran stay at least a year away from amassing enough fuel for a…read more…

Not Just Israel: Arabs Fear Obama Iran Plan


Not Just Israel: Arabs Fear Obama Iran Plan
BY YAROSLAV TROFIMOV
The Wall Street Journal Europe
05 Mar 2015

DUBAI— It isn’t just about Bibi. The Israeli prime minister’s public confrontation with President Barack Obama over the U. S. administration’s pursuit of a nuclear bargain with Iran may have drawn all the spotlight this week. But America’s other key…read more…

Yemen Unrest Pushes Out Oil Companies


Yemen Unrest Pushes Out Oil Companies
BY SUMMER SAID AND HAKIM ALMASMARI
The Wall Street Journal Europe
05 Mar 2015

The political upheaval in Yemen has dealt a powerful blow to the country’s oil industry, forcing companies to abandon productive oil patches and evacuate staff as a rebel group consolidates power. Houston- based Occidental Petroleum Corp., which has…read more…

Many More EU Firms Face Caps on Bonuses


Many More EU Firms Face Caps on Bonuses
BY DAVIDWIGHTON
The Wall Street Journal Europe
05 Mar 2015

LONDON—Thousands more European financial firms could face restrictions on the bonuses they can pay because of new guidelines issued by the European Union’s banking watchdog. The European Banking Authority said national regulators will no longer be…read more…

U. K. Wins Euro- Clearing Case


U. K. Wins Euro- Clearing Case
BY VIKTORIA DENDRINOU — Jason Douglas in London contributed to this article.
The Wall Street Journal Europe
05 Mar 2015

BRUSSELS— Europe’s secondhighest court annulled a policy by the European Central Bank that would have required British companies managing financial trades in euros to relocate to the eurozone. The decision marks an unusual victory for the U. K….read more…

Vanguard and BlackRock Raise Voices


Vanguard and BlackRock Raise Voices
BY KIRSTEN GRIND AND JOANN S. LUBLIN
The Wall Street Journal Europe
05 Mar 2015

Vanguard Group and BlackRock Inc., giant fund managers once known for quiet relationships with the companies in which they invest, say they are getting more assertive. Vanguard is urging boards to be “substantially independent of management” and warns…read more…

Euro’s Slump Gives A Boost to Stocks


Euro’s Slump Gives A Boost to Stocks
BY JOSIE COX
The Wall Street Journal Europe
05 Mar 2015

The euro slumped to an 11- year low against the U.S. dollar Wednesday, on the eve of a key meeting at which the European Central Bank is expected to shed more light on how it will execute the bumper bondbuying program it announced in January. The…read more…