Arab Today, arab today eurozone fears loom morning business roundup
Last Updated : GMT 03:57:34
Arab Today, arab today
Arab Today, arab today

Eurozone fears loom: Morning business round-up

Arab Today, arab today

Arab Today, arab today Eurozone fears loom: Morning business round-up

Brussels - Arabstoday

European Union officials are preparing for a key summit in Brussels, where they will be trying to clinch a deal on how to tackle the eurozone debt crisis. The talks have been described by analysts as \"do-or-die\" for the 17 eurozone nations. Germany and France are pushing for new EU treaties, saying stricter fiscal rules should be enshrined there. Meanwhile, the European Central Bank is set to cut interest rates amid fears the eurozone is in recession, while ratings agency Standard & Poor\'s has said it will review the top AAA credit rating of the European Union for possible downgrade. At the same time, central banks in New Zealand and South Korea have kept interest rates on hold, citing fears of the impact of the debt crisis in Europe. Despite the uncertain climate, European stock markets made modest gains in morning trading. In company news, Chinese antitrust regulators have approved Nestle\'s $1.7bn offer for sweets and snack maker Hsu Fu Chi International. The Swiss food firm made the offer for a 60% stake in the Singapore-listed Hsu Fu Chi in July. The approval comes a month after the ministry of commerce cleared Yum Brand\'s takeover of Little Sheep Group. And luxury fashion group Mulberry has trebled its half-year profits thanks to strong retail sales. The leather goods maker said that pre-tax profits rose to £15.6m ($24.5m) in the six months to September, up from £4.7m in the same period last year. In early trading, shares in Mulberry jumped 2.5% to £15.31. Advertisement Business headlines But it was a more mixed picture for the UK\'s largest retailer, Tesco. Sales at Tesco\'s UK stores have fallen in recent weeks as consumers reined back spending, taking the shine off a stronger performance at overseas outlets. Like-for-like UK sales, excluding fuel and VAT, were down 0.9% in the 13 weeks to 26 November, the company said in a trading update. Total group sales rose 5.4%, excluding fuel, despite trading problems in Asia. In other UK news, the Office of Fair Trading has said it is minded to refer the UK\'s £5bn ($7.85bn) private healthcare sector to the Competition Commission. In a provisional report, the OFT said it had found issues that could \"prevent, restrict or distort competition\" in the market. Private patients do not have \"access to easily comparable information on quality and costs\", the OFT said. The OFT will make a final ruling next year after further consultation. The latest edition of the Business Daily programme comes from Berlin, where our correspondent Stephen Evans examines whether German Chancellor Angela Merkel can pull Europe on to a sensible path and save the world economy.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone fears loom morning business roundup Arab Today, arab today eurozone fears loom morning business roundup

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone fears loom morning business roundup Arab Today, arab today eurozone fears loom morning business roundup

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today US travel restrictions are still 'Muslim ban'

GMT 00:54 2017 Tuesday ,26 September

US travel restrictions are still 'Muslim ban'
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel builds settlements 'at high rate'

GMT 01:04 2017 Tuesday ,26 September

Israel builds settlements 'at high rate'
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Personality study finds fish have hidden depths

GMT 00:43 2017 Tuesday ,26 September

Personality study finds fish have hidden depths
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Botanical gardens a lifeboat

GMT 02:50 2017 Tuesday ,26 September

Botanical gardens a lifeboat
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:02 2017 Sunday ,24 September

Harry visits mental health hospital

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday