| EU set to meet its renewable energy targets by 2020 The European Union is set to achieve its self-imposed target of deriving at least 20 per cent of its energy consumption from renewable sources by 2020, the bloc's executive said... | |
| EU says Lashkar-e-Taiba has a global agenda Pakistani terrorist outfit Lashkar-e-Taiba (LeT) is a dangerous group having global agenda, an anti-terrorism official of the European Union has... |
Russia goes to Argentina for caviar fixA Russian company has gone to Argentina to increase its supply of... |
| Many Firms Queue Up For London Stock Exchange Listing Hyderabad, March 11 : Fuelled by their global ambitions, several Indian companies from an array of sectors are seeking to get listed on the London Stock Exchange to reap benefits from the liquidity... |
| Ecb Bulletin: Eurozone Recovery On Track, But Remains Uneven (RTTNews) - Eurozone economic recovery is on track, although it is likely to remain uneven, the European Central Bank said in its latest monthly bulletin. The ECB Governing Council expects the euro... |
| Italy's Derivatives Time Bomb Is Also Ticking Financial markets are gripped by the role derivatives have played in Greece's debt crisis, but Italy also has a derivatives time bomb, and hundreds of cities are in the 24 billion euro blast... |
| German Economy To Shrink In Q1, Think Tank Says A leading German think-tank says it expects the country's economy - Europe's biggest - to contract in the first quarter because of an unusually harsh... |
| Eu Says Us Has Pressed It On Hedge Fund Rules , but should respect Europe's right to decide its own legislation, a top EU finance official said Thursday. Amadeu Altafaj Tardio, a spokesman... |
| Snb Keeps Rate Near Zero, Reiterates Stance On Franc March 11 (Bloomberg) -- The Swiss central bank reiterated its readiness to counter “excessive” gains in the franc and left the benchmark interest rate near zero as policy makers try to... |
| Airline Loss Estimate Cut By 50% As Demand Rebounds IATA cut its loss estimate from $5.6 billion following a “much stronger recovery in demand” at the end of 2009 that continued into the first months of this year, the Geneva,... |
| Well Boss Cools Talk On Euro Spot Motherwell manager Craig Brown will not contemplate securing a Europa League place until Well have clinched a top six place in Scotland's top flight.Uefa has confirmed the club finishing fifth will... |
| Hsbc Says Swiss Data Theft Affects 15,000 Clients Herve Falciani, a former HSBC computer specialist, has admitted stealing client data from the bank which he passed to French tax authorities. HSBC said in December an ex-employee had stolen data from... |
| Ftse 100 Opens Lower FTSE 100 index dipped 0.18 percent to 5,630.65 points in early trade. BP shares dropped 0.32 percent to 622.92 pence after the group announced a major deal that will give the energy giant its... |
| British Airways Closer To Strike As Union Talks Fail March 11 (Bloomberg) -- British Airways Plc’s 12,000 flight attendants moved closer to a strike after talks with Europe’s third-largest airline over pay cuts broke... |
| Bmw Reports Smaller-than-expected Profit Decline March 11 (Bloomberg) -- Bayerische Motoren Werke AG, the largest manufacturer of luxury cars, reported a smaller-than- expected decline in full-year profit and maintained its dividend to signal a... |
| Glance-ftse Off 0.4%; China Tightening Fears Hit Miners By David Brett LONDON, March 11 (Reuters) - Britain's leading share index fell 0.4 percent by midday on Thursday as heavy falls in miners, weighed by fears of monetary tightening in China, outpaced... |
| World Forex: Euro,dlr Down Vs Yen On China Tightening Worries The euro and dollar fell against the yen in Asia Thursday as China's stronger-than-expected price data stoked concerns about more monetary tightening in that country, prompting investors to dump the... |
| Currencies: Yen Gains Vs. Euro And Dollar After China Data The yen rose against the dollar and euro, bouncing back from Thursday's disappointing Japanese economic-growth revision, after Chinese economic data raised investors' concerns that interest rates... |
| Airline Industry Group Halves 2010 Loss Forecast Airlines are recovering strongly from the crisis, as passengers, freight and pricing power return, the airline industry association IATA said on Thursday, halving its forecast for a 2010... |
| Bmw 2009 Profit Falls 36 Pct To $286 Million , said it earned euro330 million in net income in 2008. Revenue last year was down nearly 5 percent to euro51 billion from euro53 billion in 2008. The automaker, based in Munich, also builds... |
| Bmw Full-year Profit, Dividend Beat Estimates; Shares Advance March 11 (Bloomberg) -- Bayerische Motoren Werke AG, the world’s largest manufacturer of luxury cars, reported a full- year profit that beat analysts’ estimates and announced a... |
| Bmw Reports Full-year Net Income Of 210 Million Euros March 11 (Bloomberg) -- Bayerische Motoren Werke AG reported full-year net income of 210 million euros. The company reported in a faxed statement. Link to Company News:{BMW GR <Equity> CN... |
| Lufthansa Targets Earnings Growth On Traffic Increase March 11 (Bloomberg) -- Deutsche Lufthansa AG, Europe’s second-biggest airline, forecast operating profit will rise this year as the company reduces spending and travel... |
| Bmw Reports Full-year Net Income That Beats Analyst Estimate March 11 (Bloomberg) -- Bayerische Motoren Werke AG reported full-year net income of 210 million euros, a drop from 330 million euros in 2008. The 2009 net income result beat an analyst estimate of... |
| Ftse Reshuffle Promotes Investec Banking group Investec is to join the FTSE 100 following the latest reshuffle of the UK stock market indexes.Investec will replace Resolution - the company which bought insurance company Friends... |
| London Markets: Smith & Nephew Shares Weigh In Lackluster Ftse LONDON (MarketWatch) -- British shares were a touch weaker on Thursday, with miners under pressure and shares of medical device maker Smith & Nephew trading with losses. Smith &... |
| Strike Paralyzes Greece As Anger At Austerity Grows Greek public and private sector workers went on strike on Thursday, grounding flights, shutting schools and halting public transport in the second nationwide walkout in a fortnight in protest against... |
| Bp To Pay Devon $7 Billion For Oil Fields ] will buy the rights for 10 offshore exploration blocks in Brazil and a portfolio of rights in the U.S. Gulf of Mexico and in the Caspian Sea. said it is also selling, for $500 million, a 50... |
| U.s. Warns Eu Of Rift Over Fund Regulation: Report if the planned rules proved overly protectionist. Barnier's office was not immediately available to comment or confirm that such a letter had been sent. European officials are drafting new... |
| Greeks Hold National Strike Over Budget Cuts March 11 (Bloomberg) -- Greece’s hospitals, airports and schools were shut today as unions stage the second general strike this year to protest Prime Minister George Papandreou’s latest... |
| Fiat May Need To Convince On Chrysler Before Auto Ipo March 11 (Bloomberg) -- Fiat SpA, the Italian carmaker that helped Chrysler Group LLC emerge from bankruptcy, may wait to turn around the U.S. business before deciding on a share sale or spinoff for... |
| Electrolux Delisted From The London Stock Exchange STOCKHOLM - (Business Wire) Regulatory News: AB Electrolux (STO:ELUXA)(STO:ELUXB) B-share has been delisted from the Official List of the UK Listing Authority, UKLA, and the London Stock Exchange,... |
| Glance-commods, Financials Push Ftse Down 0.4%; China Data By David Brett LONDON, March 11 (Reuters) - Britain's leading share index shed 0.3 percent early on Thursday as commodities and financials Editing by Hans Peterssaw recent gains clipped after data... |
| S Korea Cites Eurozone Woes For Rates Decision South Korea’s central bank on Thursday held interest rates steady at a record low of 2 per cent for the 13th consecutive month, citing uncertainties caused... |
| Preview: Real Desperate For Sunday To Come After Latest Euro Flop Madrid - Real Madrid can hardly wait for Sunday to come. That's when the world's most expensive team will have the chance to wash away the taste of their latest European failure - away to lowly... |
| Major Fire In London's Financial District Dozens of firefighters were tackling a fire at a building in London's financial district housing a restaurant and offices, British media reported... |
| German Minister Says Banks Should Provide More Credit BERLIN, March 11 (Reuters) - There is no broad credit crunch in Germany but banks should provide more credit, German Economy Minister Rainer Bruederle said on Thursday. Bruederle told ZDF... |
| Trichet: Ecb Does Not Reject European Fund Idea By Marc Jones FRANKFURT, March 10 (Reuters) - The European Central Bank does not dismiss the idea of a new European financial support fund in principle but needs to look at the proposal in more... |
| Many Questions Remain On Emf: Eurogroup Chairman BERLIN, March 11 (Reuters) - Eurogroup Chairman Jean-Claude Juncker said on Thursday that thousands of questions remain to be clarified in discussions about possibly creating a European Monetary... |
| Belgium's Devgen Sees Strong Growth This Year BRUSSELS, March 11 (Reuters) - Belgian seed company Devgen predicted 35-40 percent revenue growth for 2010, boosted by favourable weather conditions and after 2009 revenues almost doubled thanks to... |
| Greece Paralyzed By Strike Over Austerity Plan Greece has faced a new wave of labor discontent since the Socialist government's harsh new austerity plan was introduced last week in an effort to trim its ballooning deficit and shore up the support... |
| Hsbc Private Bank Suisse Says 15,000 Affected By Data Theft March 11 (Bloomberg) -- HSBC Private Bank (Suisse) SA says it has suffered “serious data theft” affecting about 15,000 Swiss-based accounts. The bank said it doesn’t believe the... |
| European Stocks, U.s. Index Futures Drop; Bhp Billiton Slips March 11 (Bloomberg) -- European stocks declined from a seven-week high, led by basic-resource producers as growing Chinese inflation increased speculation the government will pare back stimulus... |
| French Non-farm Payrolls Drop Less Than Economists Forecast March 11 (Bloomberg) -- French companies shrank their work forces by less than economists forecast in the fourth quarter in a bid to cut costs after the worst recession since World War... |