European stocks advanced, led by metals companies including Arcelor SA and Corus Group Plc, after aluminum maker Alcan Inc. made an unsolicited offer to buy rival Pechiney SA for 3.39 billion euros...
THE German Chancellor, Gerhard Schröder demanded an apology and, finally, he got one. After a day of frantic diplomatic activity, Silvio Berlusconi, the Italian Prime Minister, telephoned him and “...
04/07/2003
Brussels could try to help the accession countries that have had US military assistance cut off because of their unwillingness to sign bilateral agreements with Washington exempting US nationals from...
04/07/2003
The head of the European Central Bank on Thursday indirectly accused the governments of France, Germany and Italy of blaming the bank for their struggling economies and hinted there would be no...
04/07/2003
European bourses were flat to weaker in mid-morning trade on Friday after Wall Street dipped overnight, with trading expected to be light as the US remains closed for the Independence Day holiday....
04/07/2003
Sweden's Riksbank unexpectedly cut its benchmark interest rate by a quarter point, the fifth reduction in eight months, citing easing inflation and a delayed recovery in the Nordic region's largest...
04/07/2003
When the Social Democratic Party narrowly won Germany's recent general election, all the attention focused on Chancellor Gerhard Schroder's opposition to a war in Iraq. But the debate about Germany's...
03/07/2003
Ten countries - Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia - will soon become members of the European Union, if referendums on membership are...
03/07/2003
Passengers sick of being bumped off flights because of over-booking or cancellation will be given greatly enhanced rights to cash compensation. The European Parliament will back the tougher rights...
03/07/2003
SILVIO BERLUSCONI sparked a furious diplomatic row and threatened to create a serious rift between EU chiefs last night after likening a German MEP to a Nazi concentration camp commandant. The...
03/07/2003