ECB followed the US Federal Reserve and other central banks in a global stampede of rapid rate hikes meant to snuff out record inflation that is squeezing consumers and pushing Europe toward recession.
Frankfurt, Germany: At least four police cars were set alight and two officers injured Wednesday as authorities confronted anti-austerity protesters trying to blockade the inauguration ceremony for the European Central Bank's new headquarters in Frankfurt,
New Delhi: The European single currency traded at almost a two-year low against the dollar after Greece's prime minister failed to get his presidential candidate confirmed, triggering an early parliamentary election.Euro is headed for a
Brussels: The European Central Bank (ECB) on Thursday said its website had been hacked and some email addresses and other contact information stolen, but insisted no market-sensitive data was compromised.ECB said the hacked database serves
Frankfurt, Germany: The European Central Bank left its key interest rate unchanged on Thursday, even though the economic recovery has almost ground to a halt in the 17-country eurozone.The currency bloc's chief monetary authority left
London: The recovery from recession in the 17-country eurozone continued in the third-quarter of the year -- but only just. Eurostat, the EU's statistics agency, said Thursday that the region, which only emerged from its
New Delhi, July 5 : Both the precious metals, gold and silver, ended higher today on fresh buying by stockists and investors amid a firming global trend. While gold rose by Rs 75 to Rs
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