european banking

Yield on Spanish bonds climbs up

July 10th, 2012 - 10:52 am ICT by IANS
Madrid, July 10 (IANS/EFE) Investors pushed the yield on Spain's benchmark 10-year bond above 7 percent by the close of trading Monday as European Union finance ministers gathered in Brussels ... Read more...

Posted in Business |

US stocks end mixed after heavy sell-off

June 5th, 2012 - 4:12 am ICT by IANS
New York, June 5 (IANS) US stocks ended mixed Monday after major indexes suffered severe sell-off in the previous session.When the market closed, the Dow Jones industrial average lost 17.11 ... Read more...

Posted in Business |

Wall Street extends loss

May 18th, 2012 - 5:52 am ICT by IANS
New York, May 18 (IANS) Wall Street extended losses Thursday, with the Dow Jones industrial average suffering its 11th loss in last 12 trading sessions, amid intensified fears about ... Read more...

Posted in Business |

US growth facing serious headwinds: Official

November 30th, 2011 - 1:55 pm ICT by IANS
Washington, Nov 30 (IANS) Growth in the US faces serious headwinds and the country's high unemployment will linger for many years, said a senior Federal Reserve official Tuesday."Households are still ... Read more...

Posted in Business |

Europe agrees to 1 trillion euro fund for new bailout plan

October 27th, 2011 - 6:23 pm ICT by IANS
Brussels, Oct 27 (IANS/RIA Novosti) European leaders agreed to increase the eurozone's main bailout fund to one trillion euros as part of a package of measures to stave off Europe's ... Read more...

Posted in Business |

South Indian Bank opens 30 new branches in a day

March 5th, 2011 - 6:48 pm ICT by IANS
Thrissur (Kerala), March 5 (IANS) South Indian Bank, headquartered in this district of Kerala, Saturday opened 30 new branches at various locations in the country taking its network strength to ... Read more...

Posted in Business |

Secretaries Clinton and Geithner welcomed the EU and Canada’s approval of sanctions against Iran

July 27th, 2010 - 2:36 am ICT by BNO News
WASHINGTON D.C. (BNO NEWS) – Secretary of State Hillary Clinton and Secretary of Treasury Timothy Geithner released on Monday a statement welcoming the implementation of United Nations (UN) Security Council Resolution 1929, ... Read more...

Posted in Politics |

British economy continues to shrink

July 24th, 2009 - 5:03 pm ICT by IANS
London, July 24 (IANS) The British economy shrank by 0.8 percent between April and June, more than double the rate predicted, the Office of National Statistics said Friday. The contraction was less than ... Read more...

Posted in Business |