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  • Eurozone Future Inflation Gauge Hits 7-Year High Friday, 5 Oct 2007 | 4:46 AM ET

    Inflation pressures in the euro zone rose to a seven-year high in August and remain in an upward trend, a report said on Friday.

  • ECB Holds Rates, Stays in Wait-and-See Mode Thursday, 4 Oct 2007 | 10:17 AM ET

    The European Central Bank and the Bank of England held rates steady, with policymakers still gauging the full extent of the impact of the global liquidity squeeze.

  • Trichet Says Exchange Rate Volatility is Harmful Thursday, 4 Oct 2007 | 9:31 AM ET

    Excessive foreign exchange volatility is potentially damaging to the global economy, European Central Bank President Jean-Claude Trichet said on Thursday.

  • ICAP Sees Full-Year Profit at Top of Forecasts Thursday, 4 Oct 2007 | 4:18 AM ET

    ICAP, the world's biggest inter-dealer broker, said on Thursday it expected annual underlying profit to be at the upper end of analysts' forecasts, with recent market volatility helping to boost trading volumes.

  • Will Airbus Ever Recover? Thursday, 4 Oct 2007 | 2:50 AM ET

    Just as Airbus hoped to start selling its oft-delayed superjumbo as a success story, a report of "massive insider trading" at parent company EADS leaked to the media -- raising the question of whether the beleaguered company can ever get ahead of its problems.

  • What's in a Name? For Daimler, Its Future Wednesday, 3 Oct 2007 | 6:05 AM ET

    The ill-fated merger of Daimler-Benz and Chrysler in 1998 will officially fade into history's rear-view mirror on Thursday if shareholders approve changing the German carmaker's name to just Daimler.

  • ECB Should Stay on Hold: Belgian Finance Minister Wednesday, 3 Oct 2007 | 4:56 AM ET

    The European Central Bank should leave interest rates on hold for now but consider cutting them if the economy worsens, Belgian Finance Minister Didier Reynders told a French newspaper in an interview published on Wednesday.

  • Pressure on Deutsche to Reveal Credit Crunch Impact Tuesday, 2 Oct 2007 | 6:26 AM ET

    Pressure is mounting on Deutsche Bank to reveal the full impact of a global credit crisis on its results after UBS announced a shock third-quarter loss and Citibank said profits were badly hit.

  • Third Quarter's Market Storm May Ease Friday, 28 Sep 2007 | 12:27 PM ET

    European stocks ended the third quarter lower, with banks taking the hit, but Federal Reserve rate cuts should help markets calm down in the fourth quarter and even finish the year on a positive note if no other major bad news emerge.

  • C'mon Germany, Show Me the Money! Friday, 28 Sep 2007 | 3:56 AM ET

    I am writing this in Munich airport, yet again waiting for another delayed flight. Getting around Europe these days by aircraft is a frustrating business. Planes are full and aircraft movements appear to be overwhelming the ability of both the airlines and the air-traffic controllers to keep schedules. This notwithstanding the 'flexibility' of departure times already built into the timetable.

  • IKB Warns Annual Loss Could Reach $1 Billion Friday, 28 Sep 2007 | 3:50 AM ET

    German lender IKB Deutsche Industriebank, whose near failure amid the subprime mortgage crisis sent shockwaves through Europe's financial sector, forecast its full-year loss could reach almost $1 billion.

  • Euro Zone Firms Borrow More Thursday, 27 Sep 2007 | 9:08 AM ET

    The credit market squeeze helped to drive growth in euro zone corporate borrowing to a record high in August, figures showed on Thursday, as some firms found that their usual funding channels had dried up.

  • BMW Plans to Sell More Than 2 Million Cars/Year by 2020 Thursday, 27 Sep 2007 | 9:02 AM ET

    BMW, the world's largest premium carmaker, aims to sell significantly more than 2 million vehicles a year by the end of the next decade and earn up to a 10% return on sales before interest and tax at its core automotive division by 2012.

  • Credit Markets Ease as Fed May Cut Rates More Wednesday, 26 Sep 2007 | 9:55 AM ET

    Credit markets eased Wednesday, not from any big improvement in underlying conditions but because the U.S. Federal Reserve is expected to throw moral hazard concerns to the wind and cut rates again in October.

  • Germany's Bayer to Delist Shares from NYSE This Week Tuesday, 25 Sep 2007 | 9:29 AM ET

    Drug maker Bayer said Tuesday that it will delist its shares from the New York Stock Exchange this week, a move the company said would save it $21.2 million per year.

  • Fortis Buys Commerzbank's Japanese Asset Managing Firm Tuesday, 25 Sep 2007 | 7:24 AM ET

    The asset manager of Belgian-Dutch financial group Fortis said on Tuesday it would buy a Tokyo-based asset managing firm wholly owned by Germany's Commerzbank to expand its operations in Japan.

  • European Stocks Finish Mixed as Bank Worries Weigh Monday, 24 Sep 2007 | 11:55 AM ET

    European stocks closed mixed under the weight of the impact of the global credit turmoil on the banking sector and with scattered good news from other sectors.

  • Euro Zone July Industrial Orders Down 4% vs. June Monday, 24 Sep 2007 | 6:23 AM ET

    1st paragraph of story should go here

  • Northern Rock Studying Dividend Payout: FT Monday, 24 Sep 2007 | 1:27 AM ET
    Customers line up to enter a Northern Rock branch in Bromley, in south-east London, 14 September 2007.

    Troubled British mortgage lender Northern Rock has taken legal advice about whether to pay out a 59 million-pound (US$119 million) dividend to shareholders, the Financial Times said on Monday.

  • Three Hedge Funds Plan Northern Rock Raid: Report Sunday, 23 Sep 2007 | 11:43 PM ET
    Customers line up to enter a Northern Rock branch in Bromley, in south-east London, 14 September 2007.

    Three leading hedge funds are planning a break-up of beleaguered British bank Northern Rock, according to a newspaper report on Sunday.