- India-European Union FTA on the anvil, says Vayalar Ravi
India-EU FTA is on the anvil as the European Union is India's top-most partner in the area of trade and investment inflows and one of the m...
11 Oct, 2009, 04.18 PM IST
- Fortis loses euro295 million due to troubled takeover
The troubled Belgian-Dutch bank Fortis, whose suspended takeover by BNP Paribas brought down the Belgian government, said Wednesday the abo...
24 Dec, 2008, 04.51 PM IST
- Arab investors to take over Luxembourg subsidiary: government
Luxembourg's government has confirmed an agreement for a consortium of Arab investors to take over the local subsidiary of embattled Icelan...
21 Dec, 2008, 07.39 PM IST
- Troubled Fortis to pay new CEO US $1 mn
Fortis, once the largest bank in Belgium and the Netherlands, said Wednesday it would pay its new chief executive an annual salary of euro8...
19 Nov, 2008, 07.36 PM IST
- KBC bank to seek 3.5 bn euros state aid: Reports
Belgian bank KBC seeks 3.5 bn euros from the state, though a company official denied that the bank was in "crisis".
26 Oct, 2008, 01.53 AM IST
- Oil falls below $90 as financial turmoil spreads
Oil prices fell to an 8-month on speculation that the spreading financial crisis will exacerbate a global economic slowdown. 2008: Year of ...
06 Oct, 2008, 02.32 PM IST
- Oil falls below $92 as financial turmoil spreads
Oil prices fell below $92 a barrel on Monday in Asia on fears a US-led financial crisis is spreading across the globe, exacerbating an econ...
06 Oct, 2008, 10.52 AM IST
- Oil falls to $92 as financial turmoil spreads
Oil prices fell to $92 a barrel on Monday in Asia on fears a US-led financial crisis is spreading across the globe, exacerbating an economi...
06 Oct, 2008, 09.10 AM IST
- BNP Paribas to take majority stake in Fortis
French banking giant BNP Paribas will take a 75 per cent stake in the remaining operations of troubled bank Fortis. Anatomy of a global cre...
06 Oct, 2008, 04.36 AM IST
- Europe steps up action to contain fallout
Europe on Tuesday scrambled to shore up fragile banks and stock markets plunged.
01 Oct, 2008, 02.08 AM IST
- World urges US to get a grip on banking crisis
Europe led a chorus of demands today that the United States get a grip on its financial crisis, as governments scrambled to shore up fragil...
01 Oct, 2008, 12.57 AM IST
- Dexia gets 6.4 billion euro three-state bailout
Dexia became the latest European bank to need a bailout Tuesday, with Belgium, France and Luxembourg pumping 6.4 billion euros into the gro...
30 Sep, 2008, 11.41 PM IST
- Europe scrambles to save banks from meltdown
As the shockwave from the US financial meltdown battered Europe on Tuesday, governments scrambled to shore up fragile banks and stock marke...
30 Sep, 2008, 02.37 PM IST
- Dexia to receive 6.4 bn euros: Belgian PM
Belgian Prime Minister Yves Leterme said on Tuesday that the governments of Belgium, France and Luxembourg had agreed to inject 6.4 bn euro...
30 Sep, 2008, 12.08 PM IST
- Santander to buy B&B savings as nationalisation looms
Spain's Santander said on Monday it will take over the retail deposits and branches of Bradford & Bingley for a reported 400 million pounds...
29 Sep, 2008, 07.55 AM IST
- Benelux countries inject 11.2 billion euros in Fortis
The Belgian, Dutch and Luxembourg governments will inject 11.2 billion euros into troubled financial group Fortis, Belgian Prime Minister Y...
29 Sep, 2008, 03.32 AM IST
- Belgian PM offers govt's resignation to king: source
Belgian Prime Minister Yves Leterme offered his government's resignation to the king Monday after talks on a larger degree of autonomy for ...
15 Jul, 2008, 05.19 AM IST