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A woman holding several euro and US dollar notes. The dollar climbed against the euro Thursday after gloomy economic data darkened the economic outlook for the 15-nation eurozone, sparking fears of recession.
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Dollar climbs against euro after dire European data
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The dollar climbed against the euro Thursday after gloomy economic data darkened the economic outlook for the 15-nation eurozone, sparking fears of recession.
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Oil rebounds from two-day tumble
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Oil prices rebounded modestly Thursday after two days of heavy losses as the market weighed the impact of slowing global growth on energy demand.
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French construction group plans 4,000 job cuts
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French construction group Saint-Gobain said Thursday it would cut 4,000 jobs this year, mostly in Britain, Spain and the United States, as part of a cost-cutting drive in the face of a sharp downturn in the housing market.
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