David McHugh

Read the latest stories and analysis from David McHugh.

An opposition supporter stands at a police barricade near the Presidential office in Kiev, Ukraine, Friday, Feb. 21, 2014. Ukraine's president gave in to pressure from European diplomats and offered concessions Friday to defuse a crisis that has divided his country and left scores dead. Shots rang out near Kiev's protest camp and protesters fought among themselves about what to do next. (AP Photo/Efrem Lukatsky)

How Ukraine’s economic decay fueled protests

David McHugh · February 21, 2014 9:38 pm

President of European Central Bank Mario Draghi waits for the beginning of a press conference following the meeting of the governing council in Frankfurt, Germany, Thursday, Feb. 6, 2014. The European Central Bank has left its benchmark interest rate unchanged, holding off on more stimulus despite weak economic growth and low inflation. The bank's 24-member governing council left the rate at 0.25 percent at a meeting in Frankfurt, Germany. Some analysts had thought the eurozone's monetary authority might cut the rate to 0.1 percent to try to boost growth more. (AP Photo/Michael Probst)

Eurozone rates unchanged despite deflation fear

David McHugh · February 6, 2014 3:58 pm

FILE - In this Jan. 24, 2014 file photo an employee of the Daimler AG mounts the Mercedes star on the hood of a car of the Mercedes S-class at the production line in the Mercedes-Benz production site in Sindelfingen, Germany. Automaker Daimler AG finished 2013 strongly after a rough start to the year that included a profit warning. Net profit fell 36 percent to 1.68 billion euros (US dollar 2.27 billion), reflecting a one-time gain in the fourth quarter of 2012 of 709 million euros from the sale of a stake in aerospace company EADS. With the sale excluded, the company said Thursday, Feb. 6, 2014 that operating earnings jumped 45 percent to 2.53 billion from 1.74 billion. (AP Photo/dpa, Bernd Weissbrod, File)

Automaker Daimler rebounds in Q4

David McHugh · February 6, 2014 10:43 am

Daniele Nouy, the new ECB official responsible for eurozone-wide banking supervision speaks at the European Central Bank in Frankfurt, Germany, Monday, Feb. 3, 2014. (AP Photo/Michael Probst)

Europe on the hunt for ‘zombie banks’

David McHugh · February 3, 2014 7:19 pm

CEOs of Deutsche Bank Anshu Jain, right, and Juergen Fitschen stand together prior to the annual press conference in Frankfurt, Germany, Wednesday, Jan. 29, 2014. Germany's biggest bank had a surprise loss of 965 million euros (US dollar 1.32 billion) in the fourth quarter, as earnings were burdened by 528 million in costs for court settlements and investigations into alleged past misconduct in the fourth quarter. (AP Photo/Michael Probst)

Deutsche Bank CEO: Q4 earnings ‘inadequate’

David McHugh · January 29, 2014 10:38 am

Siemens net profit rises 20 percent, orders up

David McHugh · January 28, 2014 8:28 am

New CEO of General Motors Mary Barra speaks during a press conference at the Opel car factory in Ruesselsheim, Germany, Monday, Jan. 27, 2014. Barra is stressing the company's support for its struggling Opel subsidiary in Europe. Barra said it was "no accident" that her first overseas trip was to Adam Opel AG in Ruesselsheim. (AP Photo/Michael Probst)

New GM boss Barra stands behind lossmaking Opel

David McHugh · January 27, 2014 5:28 pm

German business confidence up amid recovery hopes

David McHugh · January 27, 2014 10:03 am

German economic index suggests upswing continuing

David McHugh · January 21, 2014 12:16 pm

FILE - In this July 30, 2013 file photo a traffic sign stands near the headquarters of Deutsche Bank in Frankfurt, Germany. Shares of Deutsche Bank AG have fallen sharply after Germany's biggest lender announced a large fourth-quarter net loss, its results weighed down by one-time expenses and losses on investments it is disposing of to strengthen its finances. The bank on Sunday night, Jan. 19, 2014 posted a fourth-quarter net loss of 965 million euros (US dollar 1.3 billion), an announcement that came 10 days before it was scheduled to release its results. (AP Photo/Michael Probst, File)

Deutsche Bank shares drop on unexpected loss

David McHugh · January 20, 2014 11:59 am

Draghi defends bond program ahead of court hearing

David McHugh · June 3, 2013 1:10 am

Central bank group warns markets ‘under a spell’

David McHugh · June 2, 2013 7:11 pm