europe

Ryanair, Europe’s biggest low-cost airline, made a new offer to buy the 70 percent of its Irish rival Aer Lingus that it does not already own.

General Motors Corp. said Friday it would sell and lease back some of its non-manufacturing operations in Europe as part of its efforts to raise cash quickly.

The European Union accused drug companies of adding billions of dollars to health care costs by delaying or blocking the sale of less-expensive generic medicines.

Spanish real estate company Metrovacesa S.A. said Friday it is looking to sell back to HSBC — Europe's largest bank — the London building where the bank's operations are based for 838 million pounds ($1.3 billion), way below the price Metrovacesa paid for it earlier this year.

The European Commission on Wednesday proposed a stimulus package totaling 200 billion euros, or $256.22 billion.

A new digital library of Europe’s cultural heritage crashed just hours after it went online and will be out of operation for several weeks, the European Commission said Friday.

Asian stock markets opened sharply lower on Thursday, reflecting an equally strong sell-off on Wall Street and in Europe overnight.

Worries about a global downturn weighed on banking and commodity stocks in Europe and Asia.

HSBC Holdings PLC, Europe's largest bank by market value, plans to cut 500 jobs in Asia due to the global economic slump.

Chinese candle exporters will be hit with extra charges when selling in Europe to punish some producers for selling below cost, the European Union said Saturday.