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European Financial News
European markets at close : 09.03.2010
Fortis back in the black Belgium-based insurance group Fortis said it returned to profit last year. As a result it resumed paying a dividend to shareholders. Net profit…
Insurers calculate Chile losses Last month's huge earthquake in Chile might cost the insurance industry up to five billion euros in damage claims. That is the estimate of the…
Ad falls hit Springer profits The German media giant Axel Springer has posted lower profits and sales for last year due to a "massive" fall in advertising spending.…
European markets at close : 05.03.2010
Merkel urges Greek speculation crack-down Greece's debt problems were again the top topic as German Chancellor Angela Merkel visited Luxembourg for talks with Prime Minister Jean-Claude…
Audi profit supports VW Audi's operating profit for last year was down 42 percent at 1.6 billion euros, however it was responsible for the bulk of the Volkswagen group's…
European markets at close : 04.03.2010
Tanker loss hits EADS More bad news for EADS, the parent company of planemaker Airbus. Its US partner Northrop Grumman has dropped out of the race to build a military…
A400M 'agreement reached' Partners in the troubled A400M military transport plane have reportedly reached a basic agreement on financing its cost overruns. A source told…