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The relations between China and Europe are "at a dynamic and beneficial phase of development," said Bulgarian President Georgi Parvanov in an exclusive interview with Xinhua Tuesday. There is a common desire and willingness on both sides to develop the political, economic and cultural relationship between China and the European Union (EU) in an all-round way, said the president. Such a desire ...

German retailer Rewe Group wants to add 82,000 new jobs by 2014 across Europe, including 25,000 in Germany, as it plans to open more stores despite the looming economic downturn.

Oct. 17 (Bloomberg) -- The cost of protecting high-risk, high-yield corporate bonds from default rose to a record in Europe ahead of reports that may show the U.S. economy is in a recession, traders of credit-default swaps said.

A 25-year-old Bridgeport man was sentenced to three years in prison and three years probation today for the paintball shooting of a Westport police officer last April..

The European Central Bank was created with a single mandate: keep inflation in check. But the bank has transformed itself into a crisis manager over the last month as it has battled to keep Europe’s financial system and integrated economy intact, The New York Times’s Carter Dougherty reports.

Europe wants to take the lead role in overhauling the world's financial system. French President Nicolas Sarkozy is flying to Washington for talks Saturday with President Bush at Camp David. Sarkozy, who is also the chairman of the European Union, just presided over a summit in Brussels that gave unanimous approval to a European rescue package.

The booming netbook market has propelled Acer to the number one position in Europe for the third quarter 2008, according to IDC.

Oct. 17 (Bloomberg) -- Stocks in Europe rose, driving the MSCI World Index to its biggest weekly gain since April, on lower money-market rates and better-than-estimated earnings from Google Inc. U.S. index futures fell.

Despite a cold snap last weekend, families took advantage of opening day at the Corley Ranch pumpkin patch in Garnderville.

Oct. 17 (Bloomberg) -- Stocks rallied in Europe and Asia, driving the MSCI World Index to its biggest weekly gain since 2003, on lower money-market rates and better-than-estimated earnings from Google Inc. U.S. index futures fell.