Close on the heels of Germany's second-ranking lender Commerzbank's Friday announcement of a 716 million euros ($954 million) loss for the 2012 fourth quarter, the bank's CEO Martin Blessing said that he is neither asking for a bonus after a year of meagre profits, nor any dividend for shareholders.
On Tuesday, various reports have suggested that parties including Hypo Real Estate and WestLB, in a planned bond swap, would play a role to increase burden of the state.
Previously, government bailed out the HRE and WestLB during the financial crisis along with their non-performing and non-strategic assets such as hold on the Greek debt. At present, both the banks are operating as separate legal entities.
Commander Chris Hadfield is finally visiting Dublin, a place where he has a huge fan following. People in Ireland are great fan of Canadian astronaut, as he kept people posted with pictures, videos and tweets from the International Space Station...
A rail tunnel's trial run has been successfully accomplished by Turkey. The tunnel connects the...
During the course of her address at Intel's Datacenter Day on Monday, Diane Bryant - general...
It has been revealed that Statoil, Norway's state-controlled oil company, is going to reduce its stakes in different oilfields.
The company had a 75% stake in Gudrun oil fields and 70% in Gullfaks oil field in Norwegian waters. But now, it...
On Saturday, Europe failed to agree on how to share the cost of bank collapse on Saturday....
Retailer Best Buy has recently launched a pre-order system for Google's new updated Nexus 7...
A recent report has uncovered that the second-quarter core earnings of Telecom Austria (TELA. VI) have plunged by some 10%. The fall realized has come out to be a bit sharper than expected.
It is after more spending on subsidizing...
A study has come with facts that European forests are...
NASA's Mars rover Curiosity has captured pictures of two...
Not only its profusion of old-world charm, but the birth...
On Sunday, Mohamed ElBaradei, Egyptian Nobel laureate,...
© 2011 AustrianTribune - Tribune Online Services. All times CET (GMT + 1.00).
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