Edoardo Cignoli : GM's Finance Unit Receives Additional Subpoenas

General Motors Co. said its GM Financial lending arm received additional investigative subpoenas in September from government officials relating to its subprime auto finance business and how it securitizes those loans.



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Eurozone Manufacturing, Services Pick Up

Business activity in the eurozone’s private sector picked up slightly in October, although firms cut their prices at the fastest pace since early 2010.



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EU Extends Zero Tariffs for Ukraine

The European Parliament overwhelmingly approved extending a zero tariff regime for most Ukrainian exports to the bloc through the end of next year.



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Pakistan City Struck by Deadly Attacks

Quetta, the capital of Pakistan’s strife-torn Baluchistan region, was the scene of violent attacks Thursday that left at least 12 people dead and included the killing of members of the country’s Shiite Hazara minority.



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U.K.'s Retail Sales Falling

With the U.K.’s main trade partner, the eurozone, facing an increasingly difficult economic climate, British recovery is highly dependent on its own consumers.



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Spain's Recovery Continues

Spain’s economy grew an estimated 0.5% and added 151,000 jobs in the third quarter, driven by a strong summer tourist season, lower borrowing costs and confidence that one of the eurozone’s strongest recoveries is still on track.



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Swedish Budget Leans to the Left

Sweden’s new finance minister presented a proposed budget with a clear leaning to the left, signaling an intention to increase some taxes and raise spending on job creation programs, welfare and schools.



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