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Breaking News about Euro:

Deutsche Bank's Latest Capital Raising Won't End Its Problems

Source: Business Balla | May 19 2014, 2:34pm CDT | by Forbes

Deutsche Bank has finally admitted – to no-one’s surprise – that it needs more capital. It has announced plans to raise...
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Legal costs lead to quarterly net loss at Deutsche Bank

Oct 29 2014 9:06am CDT | Source: Euronews

Deutsche Bank has reported a net loss in the third quarter. The 92 million euro loss by Germany's top lender was because it has had to put a ...
Full article at: Euronews
 

 

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Ebola cases jumps to over 13,700: WHO
Geneva, Oct 30 (IANS/EFE) The World Health Organization (WHO) confirmed Wednesday that 13,703 people have been infected with the Ebola virus since the epidemic began in March. | by IANS
 
Obama praises health workers fighting Ebola as 'heroes'
Washington, Oct 30 (IANS) US President Barack Obama Wednesday paid honour to healthcare workers who have treated Ebola patients in West Africa, calling them "heroes" deserving to be applauded rather than discouraged. | by IANS
 
Cyprus, Greece, Egypt to forge tripartite cooperation
Nicosia, Oct 30 (IANS) Cyprus, Greece and Egypt Wednesday moved closer to forging a common strategy on energy, security and regional issues. | by IANS
 
 

Sweden Just Slashed Interest Rates To Zero In Fight To Get Out Of Deflation

Oct 28 2014 4:09am CDT | Source: Business Insider

Sweden's central bank, the Riksbank, just slashed its main interest rate to zero. That's zero as in nothing, nada, 0%. It's a rare move for a central bank. Normally, central banks that want to boost their economies and fuel a bit of inflation like to keep their interest rate nominally above zero — at 0.25% or 0.5% — in order to maintain the fig leaf that they're not targeting a "no-intere ...
Full article at: Business Insider
 

 

Rupee rises 8 paise against dollar in early trade

Oct 26 2014 11:34pm CDT | Source: Business Today

Strengthening of the euro against the dollar in overseas market and a higher opening in the domestic equity market supported t ...
Full article at: Business Today
 

 

25 Banks Fail Europe's Biggest Stress Test

Oct 26 2014 6:20am CDT | Source: Business Insider

The European Central Bank said on Sunday that 25 eurozone banks showed a capital shortfall, after a year-long review of finances for 130 of of the largest banks in the euro area. SEE ALSO: Credibility Meets Compromise In Europe's Bank Stress Test Join th ...
Full article at: Business Insider
 

 

ECB Says 25 Banks Fail Stress Tests

Oct 26 2014 6:10am CDT | Source: WSJ.com: Asia Home

Twenty-five eurozone banks flunked financial-health exams designed to measure their ability to withstand another economic crisis, falling short of minimum levels of capital by a total of €25 billion ($31.68 billion), the ...
Full article at: WSJ.com: Asia Home
 

 

Off the Charts: Eurozone Falters Amid Deflation as a Mildly Inflationary U.S. Grows

Oct 24 2014 7:54am CDT | Source: NewYorkTimes-Business Day

America’s Consumer Price Index rose 1.7 percent in the last 12 months as some European economies appeared to have fallen into new r ...
Full article at: NewYorkTimes-Business Day
 

 

British economy slows down in third quarter

Oct 24 2014 5:26am CDT | Source: Business Day

Despite slowdown, UK economy still looks more dynamic than eurozone, where growth is sluggish ...
Full article at: Business Day
 

 

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Poland, Israel to step up efforts to further cooperation
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Cyprus, Greece, Egypt to forge tripartite cooperation
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