GO
Loading...

Eastern Europe

More

  • The FTSE Small Caps index closes up 0.5 percent, lagging the blue-chip FTSE 100 and the FTSE 250 mid-cap indexes, which end 1.4 percent and 1.1 percent higher, respectively.

  • AMSTERDAM, Oct 1- Dutch financial group ING Groep. will cut a further 30 jobs in its corporate finance unit, mostly in London, Dutch news agency ANP reported on Monday. They are in addition to 100 jobs cut on the equity markets desk covering Central and Eastern Europe and Russia announced earlier in the day.

  • Hungary seeking slot machine ban to protect poor Monday, 1 Oct 2012 | 11:43 AM ET

    BUDAPEST, Hungary-- The Hungarian government says it is planning to ban slot machines, which it says have led thousands of families to ruin. According to the bill filed Monday in Parliament, slot machines will be allowed only in Hungary's three casinos.

  • Warnig to replace Cheung as RUSAL board chairman Monday, 1 Oct 2012 | 11:41 AM ET

    MOSCOW, Oct 1- Matthias Warnig, a former East German Secret agent turned investment banker who has known Russian President Vladimir Putin since the 1990 s, has been appointed chairman of Russia's RUSAL, replacing Barry Cheung, who resigned.

  • *Worries about euro zone, China growth weigh. MOSCOW, Oct 1- Russian shares extended fragile gains on Monday, helped by a buoyant mood on global markets, while the rouble inched higher, catching up with an oil price recovery.

  • Russia bans controversial anti-Islam video Monday, 1 Oct 2012 | 11:33 AM ET

    Under legislation that goes into effect on Nov. 1, Internet sites carrying content banned in Russia will be placed on a register, after which Internet providers will have one day to block access. Google Inc, the owner of YouTube, said it was ready to block access of the film to users in Russia once it received the court's decision, the RIA agency reported.

  • Czech Republic to add EUR750m to May 2022 issue Monday, 1 Oct 2012 | 11:32 AM ET

    LONDON, Oct 1- The Czech Republic, rated A1/AA-/A+, will increase a 3.875% May 2022 issue by a further EUR750m, lead managers Barclays, Ceska, SG CIB and UniCredit said on Monday. The new total issue size will be EUR2.75bn.

  • PRAGUE, Oct 1- The Czech Republic issued 750 million euros in an unexpected tap sale of its 3.875 percent Eurobond due in 2022 on Monday, with demand topping 1.6 billion euros, a source close to the deal said.

  • UPDATE 1-Edison wins Libya gas arbitration with Eni Monday, 1 Oct 2012 | 11:23 AM ET

    MILAN, Oct 1- Italian energy group Edison said on Monday it had won a dispute with Eni to review the price of its long-term gas contract from Libya, its second gas arbitration victory in less than a month. In September Edison, which is owned by France's EDF, won in arbitration a 450 million euro discount on its liquefied natural gas supplies from Qatar's Rasgas.

  • LONDON, Oct 1- The downturn of the world's manufacturing sector eased slightly in Septmeber as output and new orders declined at a slower pace, a business survey showed on Monday.

  • Facebook founder mulls Russian research center Monday, 1 Oct 2012 | 11:16 AM ET

    MOSCOW-- A Russian official says Facebook head Mark Zuckerberg is being encouraged to expand its operation in Russia. Russia's communications minister tweeted that Prime Minister Dmitry Medvedev persuaded the social media giant's founder Monday to abandon plans to lure away Russian programmers and instead open a research center in Moscow.

  • TABLE-Global manufacturing PMI rises to 48.9 in Sept Monday, 1 Oct 2012 | 11:05 AM ET

    Sept 4- Following are details of the JPMorgan Global Purchasing Managers' Index for September. PMI Output Orders Jobs Deliv Stocks Inp New Prcs export Aug 48.1 47.4 46.7 49.5 50.6 48.9 49.5 46.5 Sept 48.9 48.1 48.1 50.7 50.0 48.3 52.7 47.1.

  • He will be based in London. Willett joins from Royal Bank of Scotland, where most recently he was chairman of corporate finance for Europe, the Middle East and Africa. A top Morgan Stanley broker, Jonathan Madrigano, who last year managed about $2 billion in client assets left the company's brokerage division on Friday to join J.P. Morgan Securities.

  • *ArcelorMittal will look to move workers to new jobs. FLORANGE, France, Oct 1- ArcelorMittal told unions it will permanently close two mothballed furnaces in northeastern France, enraging workers who blocked access to the steel plant and management offices at the site on Monday.

  • ING shuts Eastern Europe equities ops, cuts 100 jobs Monday, 1 Oct 2012 | 10:51 AM ET

    MOSCOW, Oct 1 (Reuters- Dutch bank ING is closing its equity markets desk covering Central and Eastern Europe and Russia, with the loss of around 100 jobs, it said on Monday. The job losses were spread across offices in London, Moscow, Prague and Budapest.

  • MOVES-StanChart, BlackRock, Lazard, Barclays Monday, 1 Oct 2012 | 10:14 AM ET

    The bank named Tom Willett as head of mergers and acquisitions, Europe. He will be based in London. Willett joins from Royal Bank of Scotland, where most recently he was chairman of corporate finance for Europe, the Middle East and Africa.

  • WARSAW, Oct 1- Joint supervision of the euro zone's banks will not be in place as planned by the start of next year, Germany's Europe Minister, Michael Link, said on Monday. "I can state with full certainty that this will not happen in January 2013 because there are too many technical issues, too many expert issues that need to be clarified.

  • *ArcelorMittal will look to move workers to new jobs. FLORANGE, France, Oct 1- ArcelorMittal told unions it will permanently close two mothballed furnaces in northeastern France, enraging workers who blocked access to the steel plant and management offices at the site on Monday.

  • *Acteon valued at 800- 900 mln stg- sources. LONDON, Oct 1- Private equity group First Reserve has sold UK offshore oil and gas services group Acteon to rival KKR, one of two European deals on Monday to fan hopes that private equity firms can still make profitable sales.

  • Electricity for Tuesday delivery rose around 1.75 euros to 49.75 euros per megawatt hour in the over-the-counter market, trading about in line with neighbouring Germany.