Business in EuropeEuropean Economy Business Blog |
AP - The Bank of England and the Swiss National Bank on Monday continued their daily offers for overnight dollar loans, though demand for the money continued to wane an indication that short-term bottlenecks in crisis-stricken credit markets are easing further.
Comments Off AP - Commerzbank AG said Monday its third quarter net profit fell 16 percent on losses and writedowns caused by the financial crisis and said it would take advantage of billions of euros in government bailout funds.
Comments Off AP - The European Commission forecast Monday that the economy in the 15 countries that use the euro will barely grow next year, expanding just 0.1 percent as the financial crisis hits hard.
Comments Off AP - Commerzbank AG said Monday it will use funds from the German government's bailout package to strengthen its capital base.
Comments Off