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Indicator of economic sentiment shows good prospects for 2004

The Centre for European Economic Research (ZEW) Indicator of Economic Sentiment, a monthly Financial Markets survey, shows the balance between positive and negative expectations regarding future economic activity in Germany within the next six months. The indicator increased considerably in...

MPS Foundation acquires stake in SME finance company

The board of administration of the Monte dei Paschi di Siena (MPS) Foundation agreed an investment in Finanziaria Senese di…


October trade deficit soars

The trade deficit soared to US$674.2m in October from September's US$417.6m, as imports grew at a much faster pace than…


International Trade Centre unveils 'FiT' for apparel SMEs

The International Trade Centre (ITC), has introduced FiT, a business advisory service, to serve as a catalyst for small- and…

#conference#exporters#International Trade


Financial chief fired amid factoring fraud probe

Whitehall Jewellers Inc. said on Thursday that it had fired chief financial officer Jon Browne as a result of an…

#factoring fraud#receivables#SEC


Manufacturing recovery slowly taking hold – CBI survey

Manufacturers' export order books were fuller in December than for nearly three years and output is expected to grow for…

#Clear#Two


Cosec in talks for Euler Hermes to raise its...

Euler Hermes, world leader in credit insurance, already holds 8.5% in Cosec, but is interested in increasing its holding with…

#Allianz#insurance


GE Commercial Finance unit acquires leasing business

General Electric, the US conglomerate, yesterday agreed to acquire a large part of the equipment leasing business of IKON Office…

#acquisition#commercial finance#commercial lending


Norway's economy on the upswing

The state Central Bureau of Statistics (Statistisk sentralbyraa, SSB) released figures on Thursday indicating a rise in the business cycle…


Small businesses offered framework of incentives

Britain's small businesses are to get a Ј400m boost to their cash flow over the next three years and access…

#cash-flow#Deloitte#small business


Weak dollar hinders eurozone recovery

The downward trend of the US dollar, which has now lasted for more than a year, benefits American industry but…

#bank#banks#exports


Exports down by 4.6% in first 3 quarters of...

The value of Italian exports has gone down by 4.6% in the first 3 quarters of 2003 compared to data…

Eurozone growth next year to reach 1.6 per cent

The European Central Bank and IMF put eurozone growth next year at around 1.6 per cent, but the IMF says…

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