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David Mchugh
David Mchugh
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Macron, Merkel seek common approaches to Trump, euro
by David Mchugh - November 19, 2018 - 9:00am
French President Emmanuel Macron and German Chancellor Angela Merkel consulted Sunday on migration, fixing the euro currency, Europe's defense, taxing digital companies and other issues as the two leaders looked...
2 die from fireworks in Germany, no repeat of mass groping
by David Mchugh - January 2, 2018 - 5:00am
Two people have died from fireworks injuries during New Year celebrations in Germany, but the country avoided a repeat of the mass groping in Cologne in 2016 amid heightened security and efforts to protect women...
Germany, France urge end to renewed fighting in east Ukraine
by David Mchugh - December 23, 2017 - 10:18pm
German Chancellor Angela Merkel and French President Emmanuel Macron are urging both sides in eastern Ukraine to live up to cease-fire agreements amid a recent upswing in clashes between Russia-backed separatists...
Airbus, Rolls-Royce, Siemens developing a hybrid plane
by David Mchugh - November 28, 2017 - 8:22pm
Airbus, Siemens and Rolls-Royce are teaming up to develop a hybrid passenger plane that would use a single electric turbofan along with three conventional jet engines running on aviation fuel.
Taper tiptoe: Strong euro complicates ECB's stimulus plans
by David Mchugh - September 4, 2017 - 7:09pm
A strengthening euro is complicating the European Central Bank's efforts to scale back and then exit from its monetary stimulus efforts.
Mnuchin: US partners more comfortable with Trump on trade
by David Mchugh - May 14, 2017 - 12:00am
US Treasury Secretary Steven Mnuchin said yesterday that major trading partners are "much more comfortable" with the Trump administration's stance on trade and tax policy and understand that they will benefit from...
Despite scandal, VW in running for global sales crown
by David Mchugh - January 11, 2017 - 4:51am
It's ironic: Volkswagen spent 2016 battling a huge scandal over cars it rigged to cheat on emissions tests.
Euro slips further toward one-to-one with dollar
by David Mchugh - December 21, 2016 - 4:35am
The dollar's upward march has sent the euro currency to its lowest level in 14 years, easing the financial pressure on traveling Americans but giving European exporters a boost.
Security experts: Remotes are hackable on many vehicles
by David Mchugh - August 13, 2016 - 5:22am
A group of computer security experts say they figured out how to hack the keyless entry systems used on millions of cars, meaning that thieves could in theory break and steal items without leaving a broken wind...
Q&A: What record low interest rates mean for savers, economy
by David Mchugh - August 12, 2016 - 4:13am
Record low interest rates were meant to be a temporary response to the global financial crisis.
Crisis or speed bump? What UK vote means for world economy
by David Mchugh - June 25, 2016 - 1:00am
Britain's vote to leave the European Union adds a heavy dose of uncertainty to a global economy that is still struggling to reach full speed years after the global financial crisis.
What next for Greece? Loan averts crisis but debt still huge
by David Mchugh - May 26, 2016 - 4:18am
It's all but official: this summer's Greek crisis has been called off.
The Big Uh-Oh: Global economy shaky and cavalry may not come
by David Mchugh - February 16, 2016 - 3:47pm
Eight years after the financial crisis, the world is coming to grips with an unpleasant realization: serious weaknesses still plague the global economy, and emergency help may not be on the way.
In show of financial strength, Deutsche Bank buys back debt
by David Mchugh - February 12, 2016 - 11:38am
Germany's Deutsche Bank is offering to buy back more than $5 billion worth of its own bonds in a show of financial strength after markets sold off its stock.
ECB's Draghi: Risks from emerging markets have increased
by David Mchugh - February 1, 2016 - 4:05pm
European Central Bank head Mario Draghi has warned that the "downside risks" facing Europe's economy have increased due to the recent turmoil in emerging markets.
VW offers some employees amnesty for information on cheating
by David Mchugh - November 12, 2015 - 11:17am
Volkswagen is telling non-managerial employees they can come forward with information about how the company cheated on U.S. emissions tests and they won't be fired.
Wobbly euro economy may get bigger push from central bank
by David Mchugh - September 1, 2015 - 1:33am
When is a trillion euros not enough? Could be soon, in Europe's shaky economy.
BMW earnings slip on China, costs for new models
by David Mchugh - August 4, 2015 - 10:41pm
European Central Bank launches trillion-euro stimulus
by David Mchugh - March 10, 2015 - 3:28am
The European Central Bank has hit the launch button on its 1.1 trillion euro ($1.2 trillion) stimulus program by starting to buy government bonds.
Is Europe ready for Greek Crisis 2.0?
by David Mchugh - January 6, 2015 - 6:42am
And the question of whether Europe can handle another crisis in Greece is heightening financial uncertainty for the currency union just as it is struggling to grow and create jobs.
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