European market

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European shares pause on earnings concerns

LONDON | By Reuters | European shares lacked the momentum to extend a rally to multi-year highs on Tuesday, a mixed outlook for corporate earnings underlined by downbeat signals from Remy Cointreau and Hugo Boss.

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American Chambers of Commerce stick up for Europe

NEW YORK | Being bearish about the European Union is not fashionable anymore. Despite some shocking unemployment rates and debt loads, the old continent is still the world’s largest economy, around 30% bigger than China. Something US firms should take into account, the AmChams advices in a report recently released in New York.