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The US Federal Reserve showed its determination to head off renewed threats of economic weakness by cutting interest rates aggressively on Wednesday after nearly a year on hold. The decision to lower official rates by a half-point to a four-decade...
#bank#Bank of England#banks
Philippe Zamaron, vice-chairman of the board of management at Eurofactor in France spoke to BCR to explain why Eurofactor has…
#insurance#interest rates#management
Eurofactor, the factoring subsidiary of French credit-insurance group Euler & Hermes, has seen its profits plunge into the red, down…
#Allianz#bad debts#interest rates
Hopes for a quick rebound in the economy suffered another body blow on Monday after new figures showed that manufacturers…
#bank#Bank of England#interest rates
The French credit-insurance company Euler &Hermes saw its turnover fall by 1.7 per cent like-for-like, to ?298million euros, in the…
#Allianz#insurance#interest rates
Nearly 440,000 (15%) of small businesses are now using on-line banking facilities according to figures released by the British Bankers’…
#banks#interest rates#small business
Manufacturing industry is still in a “critical condition”, the British Chambers of Commerce said yesterday, reporting the results of its…
#bank#Bank of England#cash-flow
European business leaders are scared. For all the brave words and fine talk that the worse may soon be over,…
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Although it had a net loss under current cost accounting, ZDB Financial Services saw its net profit increase by 177%…
#financial institution#financial services#interest rates
The Bank of England's Monetary Policy Committee today voted to maintain the Bank's repo rate at 5.75%. The minutes of…
#bank#Bank of England#interest
The Bibby Financial Services Group has launched a new division to work alongside Bibby Group of Factors, which is currently…
#bank#financial services#interest rates
The Bank of England's Monetary Policy Committee today voted to maintain the bank's repo rate at 6%. The minutes of…
The Thai economy has moved ahead strongly in recent months, enjoying growth of 6.6% in the April-June 2000 quarter. During…
#bank#economy#exports