Search Results for 'EU'

Deutsche Bank to unveil 9-bln-euro rights issue

Deutsche Bank is set to raise up to nine billion euros through a rights issue to bolster its capital as global banking regulators finalise tough new rules for the industry, a report said Friday. Germany's biggest bank aims to announc [...]

Posted On : Sep, 10 2010 | Comments : 0

Troubled Afghan bank faces further day of queues

Queues formed at branches of Afghanistan's biggest bank on Sunday as customers clamoured to withdraw their savings, though lines were shorter days after corruption allegations appeared in US newspapers. Security appeared to have been [...]

Posted On : Sep, 05 2010 | Comments : 0

European Banks Borrow EUR 131.9 Bln From ECB

The European Central Bank on Thursday said it lent firms EUR 131.9 billion for three months. However, this was much smaller than the expected borrowing of around EUR 200 billion. The latest figure suggests that the dependence of euro are [...]

Posted On : Jul, 01 2010 | Comments : 0

More European banks to face stress testing

More European banks face stress tests to assess their health, officials acknowledged yesterday, amid warnings that publishing detailed test results for the continent's biggest financial institutions may not fully quell investor conce [...]

Posted On : Jun, 19 2010 | Comments : 0

Banks risk £100bn in eurozone crisis

Britain's banks have accumulated £100bn of exposure to Spain, Portugal and Greece, analysis showed as another debt downgrade rocked the financial markets. Research from Credit Suisse said that Barclays Capital and Royal Ba [...]

Posted On : Apr, 29 2010 | Comments : 0

European airline flights set to restart

European airspace that was closed by the volcanic eruption in Iceland will reopen to flights today after transport ministers said planes could fly through thinner parts of the ash plume. Operations in areas where dust is detected will be [...]

Posted On : Apr, 20 2010 | Comments : 0

Europe's airways set for further strike disruption

French air traffic controllers are threatening to strike for four days from today. In the UK, British Airlines cabin crew have voted overwhelmingly to take industrial action, and Germany's Lufthansa is now negotiating with pilots ove [...]

Posted On : Feb, 23 2010 | Comments : 0

Air France-KLM record 147 million euros quarterly loss

Europe’s largest airline, Air France-KLM, has said that it entered a wider than expected second-quarter loss as it continued o fight with lower demand for air travel, particularly for premium class passengers and the burden of its fue [...]

Posted On : Nov, 20 2009 | Comments : 0

American Airlines hit with anti-trust complaints from Europe...

The European Union has sent anti-trust complaints to American Airlines and two of its partners over a proposed alliance that would coordinate operations and marketing on trans-Atlantic routes, Bloomberg reported Friday. The “statemen [...]

Posted On : Oct, 05 2009 | Comments : 0

IMF Says European Central Banks Should Keep Rates Low for No...

The International Monetary Fund said central banks in Europe should keep interest rates low and possibly extend non-standard stimulus measures because the region’s economic recovery is likely to be “slow and fragile.” &ld [...]

Posted On : Oct, 03 2009 | Comments : 0

European Central Bank assesses auction impact

The European Central Bank is expected to keep its key interest rate unchanged Thursday as it awaits to see whether last week's massive liquidity injection will get banks to lend more money to businesses and consumers and support the struggl [...]

Posted On : Jul, 01 2009 | Comments : 0

Airline Ads Continue to Mislead, EU Finds

After 18 months of pressure from the European Commission to stop misleading consumers in advertising or on their Web sites, only 16 out of the top 67 airlines are obeying the law in full, according to a study published Thursday. Although a [...]

Posted On : May, 15 2009 | Comments : 0

EU Probes Cooperation Of Airlines

United Airlines parent UAL Corp. and Continental Airlines Inc. say they still plan to launch a trans-Atlantic alliance next year despite a new probe by European regulators into airline-industry cooperation. The European Commission said Mond [...]

Posted On : Apr, 21 2009 | Comments : 0

Dollar up versus euro and pound

Downward pressure on the euro came after the European Commission said the eurozone economy will shrink 1.9% this year, and only see weak growth in 2010. Sterling fell after the UK unveiled a new rescue plan for banks, and Royal Bank of Scot [...]