Result Page 149 for European union news & latest pictures from ibtimes.com

U.S. housing starts surge, inflation slower

New U.S. housing starts and permits unexpectedly rebounded in February, according to data on Tuesday that provided a rare dose of good news for the recession-hit economy and fractured housing market.

EU wants financial regulations strengthened

European Union is expected to plea for stronger financial regulation at the G20 summit next month.

Dollar falls back before U.S. jobs report

The dollar rolled back sharply from three-year highs on Friday and demand for euro zone government debt rose as investors fretted that U.S. employment data would be worse than previously forecast.

ECB cuts interest rates to record low 1.5 pct

The European Central Bank cut interest rates to an all-time low of 1.5 percent on Thursday, keeping up a record pace of reductions as the euro zone economy slides deeper into recession.

More news

E.Europe banks crisis weighs on bank ratings: Moody's

The recession in emerging Europe will be more severe than elsewhere due to large imbalances, and will put the financial strength ratings of local banks and their western parents under pressure, Moody's said on Tuesday.

European Central Bank keeps rate unchanged, BoE slashes

The European Central Bank on Thursday left its key lending rate unchanged at 2 percent, putting to an end of a series of cuts over the past four months.

Deutsche bank forecasts full year huge loss

Germany's biggest bank Deutsche Bank AG reported on Monday it estimates a loss of 4.8 billion euro or $6.4 billion on the fourth quarter on what it called exceptional market conditions which impacted sales and trading businesses.

EC criticises UK budget deficit

The UK is to become the subject of disciplinary proceedings from the European Commission as its budget deficit continues to grow.

Mining shares cause FTSE fall

The FTSE 100 share index fell 184.9 points to 6,191.6 on Tuesday (down 2.9 per cent).

Dollar declines against yen, euro on economy concerns

The dollar fell against the yen and the euro on Wednesday on concerns about that the economy will continue to weaken as investors place their assets into commodities.

Dollar falls versus euro on lower housing, confidence estimates

The dollar fell versus the euro on Friday amid expectations of lower housing starts and consumer confidence in reports later today.

Dollar gains on surprising retail sales, Yellen's comments

The dollar gained against the euro and yen on Wednesday after reports of better than expected retail sales in the U.S. and comments from a Federal Reserve official boosted the currency's strength.

Dollar Declines on Credit Market Woes

The dollar fell versus the euro and yen on Friday after troubles in the credit market resurfaced with investors shifting assets to commodities.

Unilever underlying sales up 7.2%

Unilever said on Thursday that its pre-tax profit for the first quarter of 2008 was up 39 per cent at constant rates. The company added that its turnover in the period was up six per cent at constant rates.

Dollar lower on Hawkish Trichet, AIG Writedowns

The dollar was slightly lower against the euro on Friday after losses on Thursday due to hawkish comments from the head of the European Central Bank which propped up the euro.

Dollar ends lower after range bound trading

Dollar closed slightly lower after a range bound movement against the euro yesterday due to the recovery in European currency after the decision from ECB.

Dollar up as Euro slides on weak data

Dollar rose against the euro yesterday as weak economic data from the Euro zone put pressure on the euro helping the counterpart.

Dollar gains as ECB expected to keep euro rates steady

The dollar gained versus the euro on Thursday as members of the European Central Bank gather today for a meeting to decide on economic policy.

Dollar Declines Holds on to Gains

The dollar declined slightly against the euro on Friday, mostly holding on to gains a day earlier on a report showing strength in the U.S. labor market and rising concern in Europe over sharp shifts in currency values.

Dollar recovers from lower levels

Dollar recovered from record low against the Euro after soft economic data and comments from European policymakers

Dollar falls hits new record low versus the Euro

Dollar fell against the Euro yesterday and touched a new all time low after recent comments by European Central Bank officials stirred talk that the ECB's next move may be to raise interest rates.

Dollar Drops Below $1.60 per Euro Setting New Record

The dollar fell to a new low against the euro on Tuesday, crossing the $1.60 per euro mark, after European Central Bank officials signaled that growing inflation may force the bank to boost interest rates.

Dollar Falls on Bank Profit Plunge, Hawkish ECB Official

The dollar fell against the euro on Monday after Bank of America reported a bigger than expected plunge in profit and a European Central Banker dashed hopes for a euro interest rate cut soon.

Weak dollar helps some U.S. companies, hurts non-U.S.

The weak U.S. dollar may help American multinational companies meet profit expectations in the quarters ahead, but the first sign of a reversal could eat away profits at a time when every cent counts...

Is the excitement in Gold market gone?

By Jon Nadler Overnight gold trading was fairly subdued, with prices meandering between $918 and $929 as participants observed rising equity markets (the Nikkei added 378 points) and softer ...