Front Page: Limiting Russian money for European banking

5th December 2011

BRICS

 

Limiting Russian money for European banking

The Central Bank of Russia (CBR) has urged domestic subsidiaries of major European banks to cut credits to their parent companies, saying it doesn't want to finance the European problems. Russia Today

 

English football clubs cash in on Indian fans

Several English football clubs are entering into licensing arrangements with Indian partners to deliver a complete football lifestyle experience. Times of India

 

Dreamliner launches its world tour

China has become Boeing Co's priority market amid the European debt crisis, said the US-based aircraft manufacturer. China Daily

 

Fuel industry applauds increase in margins

The South African Petroleum Retailers Association has applauded Energy Minister Dipuo Peters's decision to increase retailers' margins on petrol, diesel and illuminating paraffin with effect from Wednesday. Business Day

 

Government wants to inject $ 40 billion in bank

Brasilia. The economic team is already preparing a new capitalization of public banks, which can reach $ 40 billion, so they supply the economy with credit. O Globo

 

Developed Markets

 

UK manufacturing forecasts slashed 

Britain's manufacturing industry is heading for a sharp slowdown as confidence, orders and output tumble, further undermining hopes that the sector can help lead the country's economic recovery. The Telegraph

 

Crunch time for Eurozone as Sarkozy and Merkel hold talks

The leaders of France and Germany will hold crunch talks in Paris today amid frantic efforts to agree a deal to stabilise the eurozone. Irish Independent

 

Korean CEOs Look to Southeast Asia as Next Boom Market

Over half of Korean CEOs believe that Southeast Asia will become the next leader of the world's emerging markets after China. The Chosun Ilbo

 

Frontier Markets

 

Arab, Euro-Asian stock exchanges sign link-up

The Arab Federation of Exchanges (AFE), whose current chairman is from the Qatar Exchange, has signed a memorandum of understanding with the Federation of Euro-Asian Stock Exchanges (FEAS). Gulf Times

 

Banks shut doors in Kwara

Banks in two towns in Kwara state refuse to open over security fears. Daily Times Nigeria

 

‘Imports of ceramics from Saudi Arabia harm majority of Jordanian traders'

The Kingdom's imports of ceramics from Saudi Arabia have increased "tremendously" because they are not subject to customs duties which went into effect last year. Jordan Business News

 

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