Sunday 20 April 2014
 
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European Central Bank

ECB says no urgent need to cut rates further

European Central Bank (ECB) president Mario Draghi sees no urgent need to cut the euro zone's main interest rate further and no signs of deflation, he said in an interview published on Saturday. While the euro zone crisis has

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GCC: Positive outlook despite oil price dip

The fall in oil prices to below $100 per barrel over the past few weeks has triggered some concerns over the potential impact on the Gulf region’s economy. Brent crude prices fell by some 19 per cent from their peak of $119

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Brent steady below $103, ECB rate cut supports

Brent crude held below $103 a barrel on Friday, retaining most of its steep gains from the previous session, when an interest rate cut by the European Central Bank boosted investors' appetite for riskier assets. The decision c

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Oil slips towards $103 on tepid growth outlook

Brent crude oil slipped towards $103 per barrel on Monday as a shaky outlook for growth in the world's biggest oil consumers, the US, Europe and China, encouraged commodities markets to consolidate. Oil rallied from nine-month

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Thomson Reuters, ECB sign desktop agreement

Thomson Reuters has announced that it has signed a three-year deal with the European Central Bank to roll out Thomson Reuters Eikon desktops across ECB and 18 participating national central banks. It is so far the largest market d

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Banks to repay ECB $16.3bn

Banks will next week repay the European Central Bank (ECB) 12.495 billion euros ($16.34 billion) of two three-year loans they took a year ago, a drop in the payback rate that shows they prefer to hold surplus cash in case financial markets clog

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ECB urges key reforms push

European Central Bank (ECB), poised to take over supervision of the region's banks, said there was no room for complacency following early signs of easing strain on financial markets and urged governments to push ahead with reforms.

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ECB mulls key rate cuts next year

A European Central Bank (ECB) policymaker said the bank had had a "very serious" debate about cutting interest rates this week and that a cut was possible next year if the euro zone economy does not pick up. The German a

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Women eye central banking men's club

When the European Parliament turned Yves Mersch down for a top central banking post, it wasn't because he lacked the expertise or experience; they rejected him because he is a man. Mersch, a Luxembourger who is highly regarded

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Debt-laden companies cashing in on ECB pledge

Heavily indebted euro zone firms are reaping the benefits of the European Central Bank's pledge to pull the region out of crisis, allowing them to borrow more cheaply and draw investors back into their shares. In the aftermath

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