Ireland said it was extending its banks guarantee scheme to some foreign-owned banks operating in the country, raising the amount of liabilities covered by 10 percent to 440 billion euros. Finance Minister
German rail operator Deutsche Bahn's initial public offering will not go ahead as planned on Oct. 27, but will be delayed until market conditions improve, sources close to the company said on
Big member states have long blocked closer regulatory integration that might have prepared the European Union better for the current financial crisis, the head of the EU's executive arm said on Thursday.
France, Belgium and Luxembourg pledged to guarantee new borrowing by Dexia SA to bolster last week's public bailout, restoring some confidence in the world's largest municipal lender. Belgian Prime Minister Yves Leterme
– Finance ministers from the world's top economies faced calls on Thursday for united action after an emergency round of interest rate cuts and government support for ailing banks won only muted
LONDON, Oct 9 (Reuters) – European shares extended their day's gains in afternoon trade on Thursday, up 2 percent as U.S. stock futures rose strongly and the previous day's concerted global rate
The Board of Directors of Bank of Cyprus Public Company Ltd will convene on Thursday 6 November 2008 to examine the Bank of Cyprus Group financial results for the nine months ended
Interfund Investments Pcl (INF.CY) reported a massive deterioration in its performance as at end of September 2008, with the company’s total assets shrinking by a massive EUR 55.14 mln to EUR 45.9
The outlook for European retailers is negative, as a combination of more restrained consumer spending and higher input costs for core items such as food and energy weigh on companies' performance, said
The outlook for the European beverage industry is stable, despite a difficult economic climate, Moody's Investors Service said in a new report. The companies have sparked revenue growth and mitigated costs by
