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Swiss Producer and Import Prices Continue to Decline in September

Frankfurt - Swiss producer and import prices fell 0.5% from August to September, the Swiss Federal Statistical Office said in a report published on Monday. Economists had expected a less pronounced fall of 0.3% following July's...

European markets rise sharply

From correspondents in Paris, Berlin and London Article from: Agence France-Presse EUROPEAN stock markets have risen sharply in early trading after European leaders agreed to inject billions of dollars into troubled banks in an...

Banks deposit record 155 bln euros at ECB overnight

FRANKFURT, Oct 13 (Reuters) - Banks deposited a record 155 billion euros ($212.7 billion) at the European Central Bank overnight, exceeding the previous record by 50 percent. The jump comes after the ECB made its overnight...

Inflation Likely to Peak Above 5% Before Falling Below Target, Says BOE's Sentance

Frankfurt - Bank of England Monetary Policy Committee member Andrew Sentance said that inflation could peak at above 5.0% for some time before possibly falling below the central bank's target level of 2.0%.

UK Government to Take Signifcant Actions to Ensure Financial Market Stability

Frankfurt - The UK government announced that it will be taking significant measures to ensure the stability of the country's financial system, as well as rebuild confidence in the banking sector, according to a statement...

French Current Account Deficit Rises to €4.2 Billion in August

Frankfurt - The French current account deficit widened to €4.2 billion in August, up from both the €4.0 billion level expected and the €3.6 billion deficit figure seen in the previous month, which was revised down from €3.8...

KITAB and Abu Dhabi International Book Fair host embassies and cultural institutions

KITAB - the joint venture company between the Abu Dhabi Authority for Culture and Heritage and the Frankfurt Book Fair - hosted a high tea social event this week to showcase the planned activities around the Abu Dhabi...

German shares surge at Frankfurt opening

Frankfurt - German shares surged as trading began Monday in a positive market response to the massive bail-out measures agreed at the weekend by European leaders. The DAX-30 index jumped almost 5.4 per cent in the opening...

euro adhoc: C.A.T. oil AG / Directors' Dealings Notification concerning transactions by persons...

Notification concerning transactions by persons discharging managerial responsibilities pursuant to section 15a of the WpHG, transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for...

Europe removes cap on dollar loans

FRANKFURT, Germany -- Central banks in Europe announced on Monday that they would provide unlimited amounts of dollar loans over periods ranging from one week to 84 days. The Bank of England, European Central Bank (ECB) and...