 Telegraph.co.uk |
Euro Gains as German Confidence Climbs; US Stock Futures Rise
BusinessWeek Feb. 23 (Bloomberg) — The euro strengthened and most European stocks advanced after German business confidence climbed more than forecast. US equity-index futures and commodities gained. The euro appreciated 0.6 percent to $ 1.3325 at 10 am in London. GLOBAL MARKETS-Brighter German outlook boosts euro, shares GLOBAL MARKETS: European Stocks Up; Earnings And Ifo Help Sentiment German Business Confidence Climbs More Than Forecast to Seven-Month High |
 CNBC.com |
Euro zone economy to shrink in 2012, EU stagnates
Reuters By Robin Emmott | BRUSSELS (Reuters) – The euro zone's economy is heading into its second recession in just three years, while the wider EU will stagnate, the EU's executive said on Thursday, warning that the area has yet to break its vicious cycle of … Euro Economy to Shrink in 2012 as Italy, Spain Tumble, EU Says Euro-Region Economy Will Shrink This Year as Italy, Spain Tumble, EU Says EU Expects 2012 Recession |
 Bloomberg |
RBS, Commerzbank and Credit Agricole Take Greek Hit
Bloomberg Enlarge image RBS, Commerzbank and Credit Agricole Take Greek Hit RBS, Commerzbank and Credit Agricole Take Greek Hit Jason Alden/Bloomberg The Royal Bank of Scotland Group Plc (RBS) logo is displayed outside a branch in London, UK, on Monday, Dec. Europe's banks bleed from Greek debt crisis RBS, Commerzbank and Credit Agricole Take Greek Hit After Deal French bank Credit Agricole posts massive €3.1 billion ($ 4.1 billion) loss in … |
 Sydney Morning Herald |
Fear of Iran is inflating gas prices
CNN By Steve Hargreaves @CNNMoneyMarkets February 23, 2012: 5:11 AM ET Nervousness over Iran's nuclear program is boosting gasoline prices, even in this well supplied market. But if Iran is attacked, gas prices could shoot above $ 5. Brent above $ 123 on Iran, weaker dollar Brent Oil Rises to Nine-Month High on German Business Confidence Oil Falls From Highest Close in Nine Months as US Crude Stockpiles Rise |
 Globe and Mail |
Hewlett-Packard Falls in Germany as Forecast Misses Estimates
BusinessWeek By Aaron Ricadela Feb. 23 (Bloomberg) — Hewlett-Packard Co. stock fell in German trading after the US computer manufacturer's fiscal second-quarter profit forecast fell short of analysts' estimates as consumers curtailed personal-computer purchases. HP Profit Tumbles 44%; No Quick Fix, Says CEO HP Profit Falls 44 Percent Amid Weak PC Sales HP Earnings Better Than Expected*, But PC Sales Are Still Awful |
