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ECB's Constancio sees negative inflation rate in months ahead - magazine

BERLIN - European Central Bank Vice President Vitor Constancio said in a magazine interview he expected the euro zone inflation rate to turn negative in the coming months but that if this was just a temporary phenomenon, he did not see a risk of deflation.

Recent Business News

Capital hike, asset sales to fill gap at Monte Paschi - chairman

VIENNA - Italian lender Monte dei Paschi di Siena expects to complete its planned capital increase by July and can use divestments to help plug a hole in its balance sheet, Chairman Alessandro Profumo told an Austrian newspaper.

8:12am GMT

AstraZeneca CEO says new Pfizer bid unlikely - Swedish daily DI

STOCKHOLM - U.S. Pfizer is unlikely to come back with a fresh bid for AstraZeneca , the Anglo-Swedish pharmaceuticals group's top executive was quoted as saying by Swedish business daily Dagens Industri on Saturday.

20 Dec 2014

Opel CEO warns 2016 profit target 'by far not secured' - Bild

FRANKFURT - Opel's chief executive warned senior managers at the European arm of General Motors that they needed to step up their game to reach a target of returning to profit by 2016, according to German daily paper Bild.

20 Dec 2014

U.S. judge rejects HP settlement in Autonomy shareholder case

SAN FRANCISCO - A federal judge on Friday rejected Hewlett-Packard Co's proposed settlement of shareholder litigation involving the information technology company's botched acquisition of Autonomy Plc.

Tech 20 Dec 2014

Equities extend rally; oil rebounds, helping rouble rise

NEW YORK - Equity markets worldwide extended the week's rally on Friday and oil prices rebounded from recent lows, as investors closed out the last full week of trading in 2014 on an upbeat note.

FXpert 19 Dec 2014
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FTSE 100 6,545.27 +79.27 +1.23%
DAX 9,786.96 -24.10 -0.25%
CAC 40 4,241.65 -7.84 -0.18%
TR Europe 159.38 -0.75 -0.47%
GBP/USD 1.5629 --
GBP/EUR 1.2777 -0.01%
EUR/USD 1.2227 --
Gold 1,197.20 +1.20 +0.10%
Oil 56.91 +2.41 +4.45%
Corn 410.75 -0.50 -0.12%