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1. Volvo Posts $74 Million Loss for 2012

Sales declined more than 6 percent for Volvo Car Corp. in 2012. Weaker sales in the European and China markets are to blame.

2. Portugal Announces Even More Austerity

Portugal said it will cut 30,000 public-sector jobs, among other measures to keep its bailout program on track, after the European Commission shook its head at the country's economic forecasts.

3. ECB Could Be Running Out of Options

The European Central Bank announced a cut in interest rates on Thursday and moved to boost bank lending for business as the eurozone sinks deeper into economic gloom.

4. GM Sees Improvements in Europe Despite Q1 Slip

Net income at General Motors slipped 14 percent in the first quarter to $865 million, but figures issued Thursday by the U.S.-based car group showed signs of recovery in its troubled European operations.

5. Eurozone Unemployment Continues Record Pace

Unemployment in the Eurozone continued to grow with the rate hitting a record 12.1 percent in March. More than 19 million people are unemployed.

6. Chilean Investors Show Growing Interest in Emerging Markets, Especially Asia and Brazil

SANTIAGO, CHILE -- (Marketwired) -- 04/29/13 -- Chilean investors, like investors in most countries, have a prominent home country investment bias, currently allocating 61% of their investments to Chile, but they expect that percentage to decline to

7. European CEOs Explore Migration, the EEA, and Executive Education

LONDON, ENGLAND -- (Marketwired) -- 04/29/13 -- The changing face of the European political and economic landscape that is emerging from the turmoil of the last few years is set to have severe consequences for many of the region's businesses and lea

8. Merkel Faces Backlash From Austerity Drive

German Chancellor Merkel is facing a challenge to her tough line on fiscal austerity as unemployment keeps rising and the eurozone faces a prolonged recession.

9. Solid First Quarter of 2013 for BASF

LUDWIGSHAFEN and MANNHEIM, GERMANY -- (Marketwired) -- 04/26/13 -- BASF increased its sales and income from operations (EBIT) before special items in the first quarter of 2013. At EUR 19.7 billion, sales exceeded the level of the previous first quar

10. Finding the Silver Lining in the Fall of Gold

Gold was the word on the world's lips as the price collapsed by nearly 14 percent last week -- the fifth-steepest slump since records began in 1920, according to Deutsche Bank. So what happened?

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