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Europe, Madrid
07.06.2012
The European Union said Thursday it was ready to help Spain recapitalize its banks, as the country suffered another credit ratings downgrade but managed a successful bond auction, albeit at higher interest rates. Madrid/Brussels (dpa) - "If
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Europe
08.10.2012
The eurozone on Monday inaugurated its permanent bailout fund, the European Stability Mechanism (ESM), in the hope that it will help alleviate the financial crisis that has hounded the common currency area for more than two years. Brussels (dpa) -
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Spain
11.10.2012
Rating agency Standard & Poor‘s slashed the creditworthiness of Spain‘s debt late Wednesday, dropping its rating for government bonds by two notches from BBB+ to BBB- with a negative outlook suggesting the likelihood of future downgrades. London
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Europe
19.10.2012
Rosneft would become the world's biggest publicly traded oil company if it is successful in its bid to buy a 50 per cent stake in TNK-BP. The state-owned Russian oil company is reported to have offered British Petroleum 28 billion dollars to acquire
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Russia
22.10.2012
TNK-BP confirmed Monday that it is in advanced talks with Russian state-backed firm Rosneft over the sale of its 50-per-cent share in Russian joint venture TNK-BP. London (dpa) - A statement released by BP in London said that the talks were
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Sweden
26.10.2012
Ericsson‘s net profit declined 42 per cent in the third quarter, the Swedish telecommunication equipment maker said Friday, citing weaker sales in its Networks business. Stockholm (dpa) - Net profit was 2.2 billion kronor (327 million dollars),
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Europe
12.11.2012
The SAS Group, operator of the troubled carrier Scandinavian Airlines, on Monday said its third quarter net income doubled to 434 million kronor (64 million dollars) as it unveiled new cost-cutting measures, including slashing 800 administrative jobs
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Great Britain
26.11.2012
Swiss Bank UBS was fined 29.7 million pounds (47.6 million dollars) Monday for failing to prevent fraudulent deals by a rogue trader at its London branch which caused losses of an estimated 1.4 billion pounds. London (dpa) - The fine was imposed by
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Great Britain
19.12.2012
Swiss banking giant UBS has been given a record fine of 1.4 billion swiss francs by US and British regulators for attempting to manipulate the Libor interbank lending rate, the bank said Wednesday. London/Zurich (dpa) - "We deeply regret
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NACHRICHTEN
Netanyahu: IAEA report proves accuracy of Israeli
Israel's Barak heads to Washington for Iran talks
Obama reassures Israel on Iran, but urges caution
"Masters of our fate"
REISEPORTAL
REFILE FEATURE: Britain stunned as athletes
Reinstated Makhloufi wins 1,500m gold as Britain
FEATURE: "Pinheads" bring their colourful trade to
Badminton federation vows appropriate action after

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