GO
Loading...

Eastern Europe

More

  • WRAPUP 1-Veto threats fly in EU budget fight Wednesday, 31 Oct 2012 | 5:32 PM ET

    *France objects to proposed farm subsidy cuts. BRUSSELS, Oct 31- France joined a growing list of European Union governments threatening to veto the bloc's next long-term budget, turning up the heat at the start of divisive bargaining over a 1 trillion euro spending plan.

  • WRAPUP 1-Polish, Czech PMIs point to more weakness Wednesday, 31 Oct 2012 | 10:20 AM ET

    The figures pointed to an overall economic slowdown in the third quarter in Poland, whose impressive growth has begun to fizzle out, and an extension of the recession that has strangled the Czech economy since the last quarter of 2011..

  • Are Volumes in Equity Markets Set to Pick Up?     Wednesday, 31 Oct 2012 | 2:50 AM ET

    Michael Buhl, CEO of CEE Stock Exchange (the largest player among the stock exchanges of Central and Eastern Europe) tells CNBC that equity cash trading is picking up but a financial transaction tax is not positive for the stock exchange.

  • BUENOS AIRES, Oct 30- Argentina could lose 20 percent of its projected corn crop and 10 percent of its soy this season as violent storms lash the Pampas, turning prime farmland into unplantable mush, a local expert said on Tuesday.

  • Oct 30- U.S. Steel Corp, the top steel producer in the United States by volume, warned that its current quarter would be hurt by the global slowdown, joining rivals Nucor Inc and AK Steel Holding Corp in forecasting weak results.

  • LONDON, Oct 30- Imperial Tobacco has taken a 1.2 billion-pound writedown on its Spanish business as the impoverished country's smokers turn to cheaper black market cigarettes.

  • PRAGUE, Oct 30- The Czech Republic's ruling coalition postponed on Tuesday a vote on a law to raise taxes that will double as a vote of confidence in the government, hoping extra time will allow them to prevent a lawmakers' rebellion. Prime Minister Petr Necas' cabinet will resign if the 22 billion crowns mainly in additional value-added and income tax is rejected.

  • BUDAPEST, Oct 30- Hungary's central bank cut interest rates again on Tuesday, prioritising growth, and hinted at more easing even though doubts about an aid deal threaten to limit room to relax policy.

  • Oct 30- U.S. Steel Corp, the top steel producer in the United States by volume, warned that its current quarter would be hurt by the global slowdown, joining rivals Nucor Inc and AK Steel Holding Corp in forecasting weak results.

  • *Argentina is world's No. 2 corn exporter after the U.S. BUENOS AIRES, Oct 30- Argentina could lose 20 percent of its projected corn crop and 10 percent of its soy this season because of violent storms that have lashed the Pampas farm belt over the last three months, a local expert said on Tuesday.

  • *Boeing sees up to $27 bln in Russian titanium buying. MOSCOW, Oct 30- Boeing Co will sell 35 of its 737 MAX airliners to an aircraft leasing arm of Russian Technologies in a deal worth $3.5 billion, the companies said on Tuesday.

  • LONDON, Oct 30- British oil group BP Plc raised its dividend on Tuesday, confident it can fight back from a devastating U.S. oil spill with a big pile of cash, a rejigged business in Russia and a focus on exploration and production.

  • Reuters World News Highlights at 1400 GMT, Oct 30 Tuesday, 30 Oct 2012 | 2:00 PM ET

    NEW YORK- Millions of people across the eastern United States awoke on Tuesday to scenes of destruction wrought by monster storm Sandy, which knocked out power to huge swathes of the nation's most densely populated region, swamped New York's subway system and submerged streets in Manhattan's financial district.

  • Oct 30- U.S. Steel Corp's third-quarter profit handily beat analysts' estimates, but the company warned that its current-quarter results would be affected by the global slowdown.

  • BUDAPEST, Oct 30- Hungary's divided central bank cut interest rates for the third successive month on Tuesday, shrugging off inflation and market scepticism over whether the indebted country will secure an international financing backstop.

  • LONDON, Oct 30- British oil group BP Plc raised its dividend on Tuesday, confident it can bounce back from a devastating U.S. oil spill with a rejigged business in Russia and a focus on exploration and oil production over fuel refining and gas.

  • MOSCOW, Oct 30- State-owned industrial and defence vehicle Russian Technologies is to buy 35 737 MAX planes from U.S. aerospace company Boeing Co for $3.5 billion, the companies said in a joint statement on Tuesday. Boeing has predicted that Russia and neighbouring states will take delivery of 1,140 new aircraft over the next 20 years, valued at $130 billion.

  • Want to be Hungarian? Buy some bonds Tuesday, 30 Oct 2012 | 10:16 AM ET

    BUDAPEST, Oct 30- Lawmakers in indebted European Union member Hungary are waving the prospect of a passport at well-heeled foreign investors. Proposed legislation listed on parliament's website would grant permanent residency and ultimately Hungarian citizenship to outsiders who buy at least 250,000 euros worth of special government bonds.

  • Reuters World News Highlights at 1000 GMT, Oct 30 Tuesday, 30 Oct 2012 | 10:00 AM ET

    NEW YORK/ REHOBOTH BEACH- Sandy, one of the biggest storms to hit the United States, pounded the east coast on Tuesday, flooding large parts of New York City, bringing transport to a halt and interrupting the presidential campaign.

  • UPDATE 2-BP hikes dividend, looks beyond 2014 Tuesday, 30 Oct 2012 | 8:49 AM ET

    LONDON, Oct 30- British oil company BP Plc raised its dividend on Tuesday and signaled a more upstream-focused future beyond 2014 along with stronger than expected quarterly profits. Chief Executive Bob Dudley also outlined the British group's preparedness for a court battle with U.S. authorities over its 2010 U.S.