BERLIN - Germany's biggest bank, Deutsche Bank AG, on Sunday announced plans to raise at least euro9.8 billion ($12.4 billion) in a capital increase intended mainly to finance a takeover of retail lender Deutsche Postbank AG.

FRANKFURT - A malfunction at Europe's joint air traffic control agency, Eurocontrol, disrupted flights over northern Europe Friday.

BERLIN - Europe's economy is doing better than expected as the continent's government debt crisis eases, the European Central Bank's president said Thursday - but he cautioned that growth would remain "relatively modest." Jean-Claude Trichet's comments underlined the new-found optimism about the 16-nation eurozone's prospects after it appears to have put the worst of the debt crisis behind it.

FRANKFURT, Germany - A clear majority of the 91 EU banks have passed stress tests conducted by regulators - but Germany's nationalized lender Hypo Real Estate Holding AG failed.

FRANKFURT - Indian Prime Minister Manmohan Singh is scheduled to hold a series of bilateral meetings in Toronto Saturday and Sunday on the margins of the G-20 Summit, including those with his newly named counterparts - David Cameron of Britain and Naoto Kan of Japan.
Older News
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
Copyright© 2010 The Gaea Times