BP has taken steps to protect itself via indemnities against being dragged in to legal cases swirling around its controversial new Russian partners Alfa Group and Access-Renova. Lord Browne, the BP...
Former Eurostat Director General, Yves Franchet has backed claims by Commission President Romano Prodi and three other Commissioners that they knew nothing of the scandal currently engulfing Eurostat...
27/06/2003
European bank clients can look forward to lower charges from July 1 thanks to new EU rules slashing the cost of cross-border transfers made in euros, officials said on Thursday. From next Tuesday...
27/06/2003
Britain's economy grew at the weakest pace in more than a decade in the first quarter as construction output fell and consumers curbed spending, reinforcing expectations of an interest rate cut as...
27/06/2003
The president of the European Commission, Romano Prodi, said yesterday (25 June) that the UK government's decision on the euro had disappointed him and was a signal of deep political problems. "I...
26/06/2003
Fiat, the Italian industrial conglomerate, has unveiled a rescue plan aimed at reversing vast losses and regaining some of its former glory. Chief executive Giuseppe Morchio said the group planned...
26/06/2003
A bigger than expected jump in a barometer of the German business climate boosted hopes that Europe's biggest economy might claw its way out of stagnation in the second half. The Ifo index rose for...
26/06/2003
French manufacturers' confidence this month unexpectedly dropped to the lowest level since November 2001, increasing the chances that Europe's third-largest economy failed to grow in the second...
26/06/2003
European bourses regained most of their sharp opening losses to trade flat to modestly lower by mid-morning on Thursday as the sentiment remained negative after the Federal Reserve's decision to cut...
26/06/2003
Markets take a cautious approach to Fed rate decision due later Wednesday. European stocks shed early gains Wednesday to trade at break even ahead of a much-anticipated U.S. interest rate decision,...
25/06/2003