European Business & Economy - Page 7

Business - European Economy BusinessWeek Online - German confidence data indicate that the economy has largely shrugged off the impact of a 3% hike in value-added tax imposed at the start of this year. Data confirm that the expected slowdown in German gross-domestic-product growth at the beginning of 2007 will be temporary, with the economy set for robust growth of up to 2% this year. Germany has taken over from France as the engine of euro zone growth and continues to benefit from brisk export demand and surprisingly resilient domestic growth. These developments support the European Central Bank's current hawkish stance. More Info...  

BusinessWeek Online - German confidence data indicate that the economy has largely shrugged off the impact of a 3% hike in value-added tax imposed at the start of this year. Data confirm that the expected slowdown in German gross-domestic-product growth at the beginning of 2007 will be temporary, with the economy set for robust growth of up to 2% this year. Germany has taken over from France as the engine of euro zone growth and continues to benefit from brisk export demand and surprisingly resilient domestic growth. These developments support the European Central Bank's current hawkish stance. More Info...  

FT.com - London equities were given a boost on Thursday as the Bank of England chose to keep UK interest rates on hold. More Info...  

AFP - Europe's major stock markets mainly fell on Thursday in subdued trade ahead of the Easter holiday weekend and British interest rate call.

FT.com - London equities were broadly flat on Thursday ahead of the Bank of England's key decision on UK interest rates. More Info...  

Business - European Economy FT.com - A fresh bout of takeover speculation broke out on Wednesday amid rumours of possible bids for Home Retail Group and SSL. More Info...  

FT.com - A fresh bout of takeover speculation broke out on Wednesday amid rumours of possible bids for Home Retail Group and SSL. More Info...  

AFP - London's FTSE 100 index of leading shares sagged 0.14 percent to 6,357.50 points in late morning trade Wednesday.

FT.com - London equities were flat in opening trade on Wednesday as strength among fund management companies was balanced by weakening high street banks. More Info...  

Business - European Economy FT.com - ICI was back in the speculative spotlight Tuesday. Late rumours of a 620p a share bid approach from Dow Chemical (NYSE:DOW) triggered a wave of buying that pushed shares in the speciality chemicals company to the top of the FTSE 100 leaderboard. More Info...  

FT.com - ICI was back in the speculative spotlight Tuesday. Late rumours of a 620p a share bid approach from Dow Chemical (NYSE:DOW) triggered a wave of buying that pushed shares in the speciality chemicals company to the top of the FTSE 100 leaderboard. More Info...  

AFP - In late morning trade Tuesday London's FTSE 100 index of leading shares climbed 0.42 percent to 6,342.10 points and Frankfurt's DAX 30 won 0.88 percent to 6,998.56.

FT.com - European equities were higher on Tuesday as the long-running battle to take over Endesa (NYSE:ELE)ended with Eon coming to an agreement with Enel and Acciona to carve up the Spanish utility between them. More Info...  

FT.com - Takeover speculation in the utilities sector helped the FTSE 100 higher on Tuesday amid talk of a possible bid for Scottish & Southern Energy. More Info...  

Business - European Economy FT.com - Europe, if you are a stock investor, is now bigger than the US. The landmark, passed last week, has been achieved despite the retirement of a net EU107.1bn (£72.4bn) in European equity over the past two years, according to Citigroup (NYSE:C). Its import goes far beyond the noise over the impact of Sarbanes-Oxley corporate governance rules. More Info...  

FT.com - Europe, if you are a stock investor, is now bigger than the US. The landmark, passed last week, has been achieved despite the retirement of a net EU107.1bn (£72.4bn) in European equity over the past two years, according to Citigroup (NYSE:C). Its import goes far beyond the noise over the impact of Sarbanes-Oxley corporate governance rules. More Info...  

AFP - Europe's main stock markets mostly rose in morning trade Monday, boosted by takeover news in the telecoms sector, dealers said.

FT.com - London equities recovered from initial losses on Monday, as banking, telecoms and property stocks made headway . More Info...  

Business - European Economy

AFP - European economic growth could prove to be stronger than expected thanks to an "intense recovery" underway, EU Economic and Monetary Affairs Commissioner Joaquin Almunia told AFP in an interview.

AFP - European economic growth could prove to be stronger than expected thanks to an "intense recovery" underway, EU Economic and Monetary Affairs Commissioner Joaquin Almunia told AFP in an interview.