europe

The Greek debt deal opens the door to new uncertainties in Europe, which could once again revive the crisis atmosphere.

As profits and sales slip, some European companies are scrambling to pay their bills, at a time when banks grow increasingly hesitant to lend.

Russia's state-controlled Gazprom natural gas giant acknowledged for the first time Saturday that it had briefly reduced gas supplies to Europe amid a spell of extreme cold.

Implicitly, Europe is relying on “internal devaluation” to reverse this divergence.

Some banks, using credit-default swaps, are more hedged than others against the possibility of a debt cascade in Europe.

The European Commission has proposed a new set of data protection rules that would give EU citizens a much greater say over how their personal data is collected and stored—including the right to have it deleted entirely.

The response from businesses has been mixed.

A proposed law in Europe would compel Web sites to obtain consent when collecting personal data and to delete that data forever at the consumer’s request.

The S&P 500 is up 20 percent from its October low. It keeps climbing on a mixed bag of earnings, improving U.S. economic data, and easing credit conditions in Europe. 

Having fired more employees than in any other country last year, the capital's banks are facing falling trading revenue, attacks from politicians to reduce pay and more job cuts.

Get ready. The last trading week of the year will be a test for stocks to prove whether they have the strength to carry a rally into next year.