Javno - Economy (English)

Sinking Banks Knock European Stocks Lower Again

Fri, 04 Jul 2008 18:57:36 +0200

Banco Santander shed 4.3 percent, Royal Bank of Scotland lost 3.2 percent, and BNP Paribas fell 2.8 percent.

Courage Needed to Clinch Doha Round - WTO`s Lamy

Fri, 04 Jul 2008 18:52:43 +0200

WTO chief said rich nations have already accepted cuts to their farm protections in the negotiations that began in Qatar in November 2001.

EU, Egypt Sign Trade Deal on Farm, Fishery

Fri, 04 Jul 2008 15:53:50 +0200

It will give EU exporters free and immediate access to the Egyptian market for around 90 percent of agriculture and fisheries products.

World Stocks Slip Again, Euro Hits 1-Week Low

Fri, 04 Jul 2008 13:53:22 +0200

The FTSEurofirst 300 index fell 0.8 percent while MSCI main world equity index was down 0.3 percent.

Vodafone Wins UK Tax-Avoidance Battle

Fri, 04 Jul 2008 12:33:21 +0200

Vodafone had made a provision of 2.2 billion pounds ($4.4 billion) in case it lost the case.

UK Housebuilder Barratt To Cut Around 1,000 Jobs

Fri, 04 Jul 2008 11:26:22 +0200

As part of the cutbacks, Barratt plans to reduce its number of regional offices to 26 from 32, according to the Daily Telegraph.

Europe Shares Fall As Goldman Note Weighs On Banks

Fri, 04 Jul 2008 11:09:35 +0200

At 0826 GMT, the FTSEurofirst 300 index of top European shares was down 0.8 percent at 1,168.86 points.

Nikkei Sets Longest Losing Run in Over Half Centur

Fri, 04 Jul 2008 09:26:50 +0200

The benchmark Nikkei fell 27.51 points to 13,237.89, down for a 12th day and its longest losing run since a 15-day period in 1954.

Oil Hits Record Over $145, up 50 Percent This Year

Thu, 03 Jul 2008 21:41:00 +0200

Oil has risen nearly 13 percent since the start of June on concerns about Middle East tensions, tight supplies.

Gold Ends Lower as Dollar Rise Prompts Selling

Thu, 03 Jul 2008 21:20:22 +0200

Gold typically moves in the opposite direction to the U.S. currency, as it is bought as an alternative investment.

U.S. to Lift Block on Italy`s Brunello Wine Import

Thu, 03 Jul 2008 18:45:55 +0200

Italian authorities suspected that winemakers used grapes other than Sangiovese, the only grape allowed in Brunello di Montalcino wine.

Banks, Pharmas Boost European Shares on Choppy Day

Thu, 03 Jul 2008 18:37:57 +0200

The FTSEurofirst 300 index of top European shares closed up 0.86 percent at an unofficial 1,177.98 points.

Mauritius June Inflation Drops to 8.8 Pct Y/Y

Thu, 03 Jul 2008 16:03:07 +0200

The MCB report predicted inflation would peak at about 9.6 percent in December.

ECB Raises Rates To 4.25 pct To Combat Inflation

Thu, 03 Jul 2008 13:52:20 +0200

ECB President Jean-Claude Trichet will explain the decision at a news conference at 1230 GMT.

The Group of Eight: What Is It?

Thu, 03 Jul 2008 13:20:12 +0200

Leaders of the world`s major powers will meet July 7-9 in Toyako. Here are some key facts on the G8.

Pakistan Textile Sector Staggers Under Double Blow

Thu, 03 Jul 2008 12:33:52 +0200

�The industry will collapse,� said Iqbal Ibrahim, chairman of the All Pakistan Textiles Mills Association.

Ex-Siemens Exec Charged With Breach Of Trust

Thu, 03 Jul 2008 11:56:16 +0200

Johannes Feldmayer would be the first former board member to have to face a trial.

FTSE Falls On Weaker Miners, Struggling Banks

Thu, 03 Jul 2008 11:07:57 +0200

By 0840 GMT, the commodity-heavy FTSE 100 was down 5.8 points, or 0.1 percent.

Famous German Teddy Bear Firm to Quit China

Wed, 02 Jul 2008 21:39:40 +0200

Among the Steiff stuffed animals are �Knut� polar bear cubs, modelled on the bear in Berlin zoo that has become a celebrity.

PHOTO: Priciest Beach in Croatia: Bonj `Les Bains`

Wed, 02 Jul 2008 19:23:21 +0200

Treat yourself with a day of luxury on a beach of high quality service, feel the Mediterranean and enjoy in the tourist resorts of Hvar.

Brazil`s Lula Sees End to Doha Round by July 30

Wed, 02 Jul 2008 18:02:46 +0200

Lula said the most difficult issues remained agriculture and industrial goods.

EU, Mediterranean States to Push Trade Talks on

Wed, 02 Jul 2008 16:29:10 +0200

Trade with EU countries is essential to Mediterranean states, representing 46 percent of their exports and 41 percent of their imports.

Banks, Drugs Lift Europe Stocks, Euro Stronger

Wed, 02 Jul 2008 14:29:02 +0200

Oil was steady below its recent record territory but was still around $141 a barrel, feeding concerns about inflation.

FTSE Up On Banks, AstraZeneca; M&S Weighs

Wed, 02 Jul 2008 13:19:18 +0200

HSBC, Lloyds TSB and Royal Bank of Scotland added 0.5 to 2.5 percent, while the DJ Stoxx European bank index rallied 2.1 percent.

Italy to Penalise Firms Passing Tax Onto Consumers

Wed, 02 Jul 2008 09:57:21 +0200

The government plans to raise 4.5 billion euros ($7.1 billion) in 2009 from the extra levy, known as the "Robin Hood" tax.

European Stocks Fall Early

Wed, 02 Jul 2008 09:32:37 +0200

At 0719 GMT, the FTSEurofirst 300 index of top European shares was down 0.3 percent at 1,172.36 points.

Oil Extends Gain; Gold Up On Inflation Worry

Wed, 02 Jul 2008 06:57:30 +0200

Oil rose more than $1 a barrel on Wednesday.

GM Bucks Expectations as US Auto Sales Drop

Tue, 01 Jul 2008 21:58:02 +0200

Honda Motor Co bucked the downturn and posted a 1 percent sales gain.

High Prices Put Economies Under Strain

Tue, 01 Jul 2008 20:32:15 +0200

Higher food prices have cost 33 poor countries that are net food importers $2.3 billion since January 2007.

European Stocks Pare Losses After US ISM Data

Tue, 01 Jul 2008 16:34:11 +0200

The Institute for Supply Management said its index of national factory activity rose in June to 50.2 from 49.6 in May.