LONDON - German reinsurer Munich Re gave the market an unwanted reminder of just how badly European stock markets have been doing recently. Shares in Munich Re (other-otc: ), which is the world's largest reinsurer after Swiss...
AFP - Leading shares staged a recovery in late deals to close less than ten points lower Friday, spurred on by gains on Wall Street following better-than-expected durable goods orders, but weighed down by UK insurers after...
Frontier Airlines Holdings, Inc. today announced it has received a $75 million commitment in post-petition debtor-in-possession financing from Perseus LLC, a private investment firm based in Washington, D.C. with offices in...
LONDON (ShareCast) - Shares had dived at the start as more gloomy predictions on housing-related write-downs in the US sent Lloyds TSB and Barclays (LSE: firms were pounded following a profit warning from German insurer Munich...
LONDON (Reuters) - World stocks hit a one-week low on Friday while the dollar fell as dismal U.S. housing and jobs data and warnings from German reinsurers fanned concerns about the health of the financial sector and the...
By Dave Graham 20 minutes ago BERLIN (Reuters) - How could a German court find a man guilty of high treason yet impose such a mild sentence that he later seized power and laid waste to Europe? "Hitler vor Gericht" (Hitler on...
LONDON (Reuters) - The blue-chip index fell by midday on Friday, as a profit warning from Munich Re weighed on insurers, while banks tracked lower U.S. financials on concerns about their health after weak housing...
The euro was marginally lower against the dollar on Friday as data showed a slightly smaller-than-expected decline in U.S. sales of new homes and several German firms offered dour earnings news. The 15-nation currency bought...
Ludwigsburg, Germany - German war-crimes prosecutors have asked police to begin a hunt for surviving ex-servicemen from a 7,500-man Nazi military unit accused of some of the worst atrocities of the Second World War in Poland....
Friday July 25, 2:03 pm ET Dollar higher against euro following US house data, dour German earnings FRANKFURT, Germany (AP) -- The dollar rose slightly against the euro on Friday as data showed a slightly smaller-than-expected...