Bank of Japan boosts bonds program
The Bank of Japan has announced a big boost to its bond buying program - to rescue Japan from a deflationary trap. But critics question whether buying hundreds of billions of euros annually will really lead to economic growth.
American consumer confidence rises, German consumer confidence falls
US consumer confidence has just hit a seven-year high, while German consumer confidence is plumbing a seven-year low. Forecasters are expecting the world's biggest economy to charge into the holiday consumer season, while Europe's biggest economy seems headed for recession.
Bag maker Picard worries about Ukraine
Consumer confidence in Europe and many European businesses are being affected by the crisis in Ukraine. And the fashion industry is no exception. Makers of shoes and other leather goods are feeling the pinch. Picard, a leading German maker of high quality leather bags, is worried about its Russian sales as well. But at the moment, it has an even bigger worry: its plant in western Ukraine and the employees there.