Dow Jones falls to the lowest level in 2012

Note: This section contains information in English only.
Source: Bloomberg
Dow Jones Industrial Average index fell by 123.17 points, to 12,697.43, the lowest level in 2012. Citigroup, Bank of America, ConocoPhillips and Dow Chemical dropped at least 1.2%. Symantec, one of worlds largest software companies, retired more than 2% of its value. Chesapeake Energy jumped by 9.3% after reaching an agreement on USD 3b loan. Avon Products gained 4.1% after Coty Inc boosted its takeover bid to USD 10.7b. Yahoo! Inc. gained 2.1% after its CEO announced stepping down after credentials scandal.
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Mon, 14 May 2012 18:22:22 GMT

Industrial production in the Euro Zone dropped by 0.3% in March

Industrial production decreased by 0.3% in the Euro Zone and by 0.4% in the European union in March. In last 12 months industrial production decreased by 2.2% in the Euro zone and by 1.9% in the European union. Among the European union member countries the largest decline was in Luxembourg, Greece and Spain (11.3%, 8.5%, 7.5% respectively). The largest increase was registered in Slovakia,

Mon, 14 May 2012 15:30:27 GMT

Italy's and Spain's borrowing costs rise

Italy and Spain on Monday had bond auctions where they both experienced increase in borrowing costs. Italy distributed the maximum of planned EUR 5.25b amount of bonds maturing March 2015 and paid 3.91% on these bonds, slightly more than in the previous auction a month ago. Spain distributed EUR 2.9b of short term bonds and borrowing costs premium over German short term

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