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  • European stocks slipped to their lowest close in six weeks on Wednesday, weighed by heavy losses in oil stocks, which tracked a sharp fall in the price of crude.

  • Exchanging Dollars and Euros

    The European Central Bank's inability to raise rates may mean the time for a jump back into the dollar has arrived, as the  full effects of the credit crunch still have to be felt in Europe, analysts told CNBC.com.

  • The European Central Bank's hawks must be aching to hike rates, but they will likely sit on their hands again and leave rates at 4 percent despite inflation rising to 3.6 percent in May.

  • Credit Crunch

    Despite the credit crunch, standards for European leveraged loans -- used to fund private equity buyouts -- loosened in the first quarter of 2008, Standard & Poor's said.

  • European stocks ended higher on Tuesday, trimming some of the previous day's losses as Royal Bank of Scotland and UBS recovered, while a fall in oil prices helped bolster sentiment.

  • ** FILE ** Euro coins fall out of the hands of a person in Frankfurt, central Germany, Feb. 4, 2007. The euro set an all-time high against the dollar Friday, April 27, 2007, buying US$1.3682 as fears about a U.S. economic slowdown mounted amid signs of weak growth. L(AP Photo/Michael Probst)

    Sky-high fuel and food prices crashed the party when finance ministers flocked to Frankfurt to celebrate the inflation-fighting European Central Bank's 10th birthday on Monday, a milestone in Europe's monetary union.

  • trichet_3.jpg

    For the last 10 years, Jean-Claude Trichet and his predecessor Wim Duisenberg (the parents) have told the majority of European member states (the teenagers) exactly what they didn’t want to hear.

  • Wheat Fields

    Global food prices could rise further in the short term and keep rising over the longer term as supplies are unlikely to match increased demand, a European Central Bank note said.

  • On the verge of the European Central Bank's 10th anniversary, the news on inflation doesn't look good. Against the bank's target of "below but close to" 2 percent, euro-zone prices rose 3.6 percent in May, compared with the year ago, back to a historic high, data showed on Friday.

  • Alcatel Lucent

    Tomorrow Patricia Russo goes before shareholders in Paris for Alcatel-Lucent's annual general meeting amid reports that her golden parachute of €6 million will be tied to performance.

  • A bout of risk aversion dented European stocks on Tuesday as jitters grew over potential credit-related problems at banks and inflation, while typically defensive stocks such as pharmaceuticals and food rallied.

  • Alcatel Lucent

    Alcatel-Lucent, which posted a first-quarter net loss and warned on 2008 sales, will ask shareholders to vote on a proposal to tie its CEO's 6 million euro ($9.45 million) golden parachute to performance objectives, the Times newspaper reported on Tuesday.

  • The chief executive of Europe's biggest lender on Tuesday called on central bankers to raise interest rates in order to combat inflation.

  • European shares ended lower on Monday, led by Swiss bank UBS on concerns about further asset writedowns.

  • trichet_3.jpg

    European Central Bank head Jean-Claude Trichet said on Monday that financial markets were experiencing an "ongoing correction" and repeated that the G7 was concerned about excessive dollar volatility.

  • European stocks fell 1.7 percent on Friday, losing ground for the third time in four sessions as a dip in metal prices prompted investors to book recent lofty gains on mining shares.

  • Oil rallied again on Friday following a retreat after it reached a new record high of $135 a barrel, on the back of a weaker dollar and worries about production in countries other than the OPEC members.

  • ecb.jpg

    Euro zone economic growth looks set for a sharp slowdown in the second quarter after a strong performance at the start of the year, data showed on Friday, but rocketing inflation will keep interest rates on hold.

  • chinarising_badge.jpg

    The controversy over China's treatment of  Tibet has had many discussing whether world leaders should skip the summer Olympics in Beijing.  A survey  in Germany and France found a majority believe their leaders should not attend the Opening Ceremonies.

  • European shares ended higher on Thursday, lifted by telecom stocks and by banks which gained on consolidation talk, while a dip in the price of crude took energy stocks lower.