Renault has reached a deal with Iran's government to open a plant making at least 150,000 vehicles a year, as European companies race for a share of Iran's market now that international sanctions have been lifted.
Pan Pylas, Associated Press | Posted Sep 30th - 4:51am
Inflation in the 19-country eurozone doubled in September to near two-year highs as the impact of lower oil prices began to fade, official figures showed Friday, in a development that's likely to ease pressure on the European Central Bank to provide more stimulus next month.
Frank Jordans and Pan Pylas, Associated Press | Posted Sep 30th - 4:40am
Worries over the financial stability of Deutsche Bank returned to the fore Friday, sending shares in Germany's biggest bank to a record low and rekindling broader concerns about Europe's financial sector.
Dake Kang and Megan Trimble, Associated Press | Posted Sep 30th - 4:12am
The world seemed to stop when Fabiola Bittar de Kroon's former co-worker learned she'd been killed after a New Jersey commuter train crashed through a barrier and into a suburban station, sending debris falling onto her.
Global stock markets were sharply lower Friday as investor sentiment was dented by renewed worries about the financial health of Deutsche Bank following reports that some hedge funds were moving their businesses out of Germany's biggest bank.
Chinese factories eked out a tiny expansion in activity for September as new orders picked up marginally, offering a glimmer of hope for the world's No. 2 economy, according to a private survey Friday.
Dake Kang and Michael R. Sisak, Associated Press | Posted Sep 29th - 11:11pm
Federal investigators are sifting through the wreckage of a train crash in New Jersey to determine what happened before it barreled through a station and crashed into a barrier, causing a young mother to be killed by falling debris and injuring more than 100 others.
A rush hour commuter train crashed through a barrier at the busy Hoboken station and lurched across the waiting area Thursday morning, killing one person and injuring more than 100 others in a grisly wreck that renewed questions about whether long-delayed automated safety technology could have prevented tragedy.
Jennifer C. Kerr, Associated Press | Posted Sep 29th - 7:52pm
The Education Department is pursuing debt collection — rather than debt relief — for nearly 80,000 former students of Corinthian Colleges, despite federal and state findings that the now-defunct for-profit chain defrauded students, Sen. Elizabeth Warren said in a blistering critique of the administration's actions.
The engineer at the controls of a speeding commuter train that crashed into a station on Thursday, killing one person, has been in the railroad business for nearly three decades, and neighbors said he loves the work and they're heartbroken for him and his family.
Joan Lowy, Associated Press | Posted Sep 29th - 6:21pm
The investigation into a New Jersey commuter train that hurtled into a station building Thursday raises many familiar issues from other crashes, including whether the tragedy could have been prevented or mitigated if a key safety technology had been in place.