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ECB: Trichet speaks out against speculators

Trichet speaks out against speculators

The head of the European Central Bank, Jean-Claude Trichet, has called for tougher regulation and oversight of hedge fund speculators. At a conference at the European Commission, Trichet spoke out…

ECB

: Watch and jewellery makers more hopefulWatch and jewellery makers more hopeful Eurozone: Euro area trade gap narrowsEuro area trade gap narrows Industry: Siemens cuts IT jobsSiemens cuts IT jobs
After suffering an extremely difficult year, watch and jewellery makers have gathered in Switzerland for Baselworld, the industry’s biggest trade…
The euro zone’s trade deficit narrowed year-on-year in January. It was 8.9 billion euros, down from 12.1 billion a year earlier. Exports were up…
Europe’s biggest engineering conglomerate, Siemens, plans to slash 4,200 jobs at its information technology unit – nearly half of those in Germany…

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European Microfinance Facilityquestions for europe European Microfinance Facility 16/03 09:38 CET

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Status quo for OPEC outputeconomy Status quo for OPEC output 17/03 19:19 CET

latest corporate news

Cars: Volvo sale snag

Volvo sale snag

It seems the talks between Ford and China’s Geely over the sale of Volvo are turning out to be tougher than anticipated. Geely’s chairman Li Shufu told the Wall Street Journal that they have hit a…

Cars

Banking: Lloyds looks to 2010 profitLloyds looks to 2010 profit Steel: Chinalco and Rio Tinto announce joint ventureChinalco and Rio Tinto announce joint venture Cars: BMW forecasts profit riseBMW forecasts profit rise
Lloyds Banking Group is predicting that it will return to profit this year thanks to fewer bad debts. In 2009 it lost seven billion euros. The…
Aluminium Corporation of China has signed a joint venture deal with Anglo-Australian mining company Rio Tinto to develop one of the world’s biggest…
BMW has said it expects a significant rise in pretax profit this year. That would come from demand for new models like its 5 Series and the four…

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Traditional Persian New Year celebrationsTraditional Persian New Year celebrations 22/03 09:38 CET

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Afghans celebrates the New YearAfghans celebrates the New Year 22/03 09:38 CET