Eurozone ESCB

Wall Street slumps after peaking

NEW YORK, Nov. 21 (Xinhua) -- The Dow ended the week up 0.5 percent because of steep gains Monday following an improvement in retail sales. The S&P 500 dropped 0.2 percent to cap its first weekly decline since October and the...

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ECB eager to host India-Pak Test series in England

From ANI London, Nov.22: The England and Wales Cricket Board (ECB) is eager to host India - Pakistan Test series in 2011 in England. Speaking at a press conference here, ECB President Giles Clarke said the board has no issues...

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Weekly FX roundup: Dollar pushes back

The Greenback ended the week up against all major currencies except the Yen. Sentiments were positive in the beginning of the week, as indices rose to 13-months high, but things started to change towards the end of the week as...

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EU economy out of recession, but recovery slow

The European Union (EU) and eurozone economy returned to growth in the third quarter of this year, joining the United States and Japan in climbing out of recession. It is additional good news for the world economy, which...

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EU approves ING restructuring plan

The European Commission (EC) approved here on Wednesday the restructuring plan for the Dutch bank ING. including an illiquid asset back-up facility provided by the Dutch State to ING banking and financial services group. The...

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Document Security Systems Announces Ruling in Patent Validity Hearing by Austrian Patent Office

Posted on: Friday, 20 November 2009, 15:30 CST ROCHESTER, N.Y., Nov. 20 /PRNewswire-FirstCall/ -- (the "Patent"), that was awarded to the Company by the European Patent Office, has been deemed invalid in Austria due to "added...

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Market Snapshot: Risk aversion sends stocks lower for 3rd day

Blue chips score weekly gain as indexes bounce off day's lows By Peter McKay, MarketWatch NEW YORK (MarketWatch) -- Investors sought safety Friday by selling stocks for a third straight day in favor of the dollar and Treasurys,...

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Wall Street lower on Dell's earnings, Trichet remark

Wall Street continued the previous decline Friday, after the technology giant Dell posted disappointing earnings and European Central Bank (ECB) President Jean-Claude Trichet said policy makers will withdraw emergency cash...

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ECB unwinds liquidity support for banks

The surprise announcement of tougher standards for asset-backed securities used as collateral highlights how far the bank is planning its 'exit strategy' to dismantle measures taken after last year's collapse of Lehman Brothers

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Stocks Continue to Edge Lower

Stocks continued to trade lower on a bigger-than-expected drop in Dell's latest quarterly earnings and as comments by the head of the European Central Bank prompted investors to scoop up the dollar and move away from riskier...

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