FRANKFURT (Reuters) – German trade union Verdi has asked a court to stop Deutsche Post’s (DPWGn.DE) plans to expand its parcel delivery business by using employees on lower pay deals and has called on workers to stage a strike. Like other former postal service monopolies in Europe, such as Britain’s Royal Mail (RMG.L), Deutsche Post Read More

European markets rallied to close higher on Thursday after the European Central Bank (ECB) announced a full-scale bond-buying program. The pan-European FTSEurofirst 300 (FTSE International: .FTEU3) provisionally closed 1.6 percent higher at 1,453.28 points-its highest closing level since early 2008, according to Reuters. The U.K.’s benchmark FTSE (FTSE International: .FTSE) index ended unofficially 1.0 percent Read More