German business confidence drops surprisingly in March

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Source: RTT News
Business confidence in Germany unexpectedly declined in the month of March, falling for the first time in last five months, a data released by the Ifo Institute showed on Friday. According to data, the business confidence index dropped to 106.7 in March compared to a forecast of 107.8 points following a climb to its highest level In 10 months at 107.4 recorded in February.

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Fri, 22 Mar 2013 13:54:10 GMT

French business sentiment stays flat in March

French business confidence stayed flat in the month of March after it improved the month before, while economists were expecting an increase in March, the statistical office Insee reported on Friday. The report showed that the manufacturing sector business confidence index remained unchanged from the previous month at 90 points in March, while in January it reached 87 points.

Fri, 22 Mar 2013 13:32:09 GMT

Emerging markets fall amid Cyprus bailout debate on Friday

Emerging-market shares decreased on Friday to its weakest level in three months mainly due to a notable drop of energy companies' stocks and as Cypriot lawmakers will debate bailout plan today. The MSCI Emerging Market Index dropped 0.4% to 1,018.70 at 1:33 p.m. Hong Kong time and it has declined 2.3% this week heading for it largest lost in a

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