Commerzbank alerted the market late on Monday to a €1.6bn loss for the fourth quarter of 2009, far worse than had been expected.Germany’s number two bank did not explain the figure, but said full details would be outlined on Tuesday morning.Analysts’ consensus expectation had been for a quarterly loss of about €1bn.
Nitrogen Blog
Nitrogen is a chemical element that has the symbol N, atomic number of 7 and atomic mass 14.00674 u. Elemental nitrogen is a colorless, odorless, tasteless and mostly inert diatomic gas at standard conditions, constituting 78% by volume of Earth's atmosphere.
Members of the House Financial Services Committee have received, on average, $138,422 in campaign contributions from the financial services industry so far this year -- more than twice what non-committee members have taken in. And ten committee members who are cosponsors of two industry-friendly amendments received an average of about $200,000 from the financial sector.
BRUSSELS - European Union regulators said Wednesday that Kraft Foods Inc. had put forward possible changes to its hostile 9.8 billion pound takeover of Cadbury PLC to soothe antitrust worries. The European Commission gave no details when it said it
HONG KONG, Dec 9 - Chinese soccer suffered yetanother humiliation this week when the national under-21 teamfailed to get out of the group stage at the East Asian Games.A 1-0 victory over hosts Hong Kong on Tuesday was notenough to prevent the defen
MOSCOW - Russia and the United States expect to strike a new nuclear arms treaty this month, a senior Kremlin aide told Russian news agencies Tuesday. The START I treaty signed in 1991 expired Friday. It obliged each country to cut its nuclear warhe
LONDON - US-based satellite broadcaster ESPN has signed a four-year deal worth some 35 million pounds to televise the FA Cup, the Football Association announced Tuesday. The deal, which will start ahead of the 2010/11 season, will run in parallel
Arsenal hero Dennis Bergkamp has spoken candidly about the possibility of returning to north London - the playmaking forward wowed Highbury crowds for over a decade, picking up a clutch of major honours, before retiring in 2006. His final game was a