Danuta Hübner, Commissioner for regional policy, is today presenting the results of the urban audit – a health check on 321 European cities, produced in association with EUROSTAT. The audit is based on 420 000 pieces of statistical information focussed on the issues of greatest importance today, such as population ageing, immigration, housing and the
More
The U.S. Federal Reserve on Wednesday moved for the second time within 24 hours to keep the wheels of the financial world turning, this time acting in concert with Australia and Scandinavia to supply money markets with $30 billion in funds. The European Central Bank, the Bank of England, the Bank of Japan and Australia's
More
French utility EDF launched a 12.5 bln pound ($23.14 bln) agreed takeover bid on power producer British Energy, helping to secure Britain's nuclear future. EDF, the world's biggest maker of nuclear energy, said on Wednesday it offered to pay 774 pence per British Energy share. As an alternative, EDF is also proposing to pay 700
More
Britain's biggest spread-betting firm IG Group said on Wednesday it had agreed to buy 87.5 percent of Japanese online foreign exchange trading firm FXOnline Japan KK for 112.2 mln pounds ($207.7 mln). Part of the deal would be financed by placing almost 33 mln new ordinary shares to raise 82.2 mln pounds with the balance
More
European shares rose in early trade on Wednesday, as investors reacted positively to news that Warren Buffett's Berkshire Hathaway will invest $5 billion in Goldman Sachs. By 0709 GMT, the FTSEurofirst 300 index of top European shares was up 0.5 percent at 1,114.47 points. The benchmark closed 1.6 percent lower on Tuesday and is down
More
Japan's new prime minister, Taro Aso, was tipped to appoint several outspoken nationalist allies for his cabinet on Wednesday, including a China critic for the finance job, while keeping a fiscal reformer in a key post. Aso, an advocate of spending and tax cuts to boost the economy and expected to call a snap election
More
Research In Motion is preparing to launch the long anticipated touch-screen version of its BlackBerry smartphone, according to an official promotion e-mail from U.S. carrier Verizon Wireless. The device will be known as the BlackBerry Storm 9530 and will feature "global capabilities", Verizon said, without providing specifics. It also did not give an exact launch
More
T-Mobile has rolled out Google's answer to the iPhone as the Web search giant makes its biggest stab yet at leaping from consumers' computers into their pockets with a device cheaper than rival Apple offers. The widely-anticipated G1 phone, introduced on Tuesday made by HTC Corp, has a touch-sensitive screen, a computer-like keyboard, Wi-Fi connections
More
Asian financial shares and U.S. stock futures rose on Wednesday after Warren Buffett surprised the market with a $5 billion investment in Goldman Sachs Firmer stocks knocked some of the safe-haven premium off U.S. Treasuries and the dollar inched down against the euro as fears continued to grip investors that U.S. lawmakers will stall a
More
The Statistical Service has announced the publication of the annual report “Industrial Statistics. 2007”. The report provides detailed data on the broad industrial sector, covering manufacturing, mining and quarrying, and electricity and water supply. In 2007 the performance of the sector showed marks of recovery after the deceleration that was observed in 2006. The real
More