World Business

Unilever 1st quarter earnings up 34 per cent

London - British-Dutch food conglomerate Unilever reported Thursday that its operating profit in the first quarter of 2008 rose 34 per cent to 1.41 billion euros (2.18 billion dollars) despite high

HVB bank slumps into first-quarter loss

Munich - HVB BankGermany's HVB banking group said Thursday it had slum

Raiffeisen's CEE banking unit boosts profit by 32 per cent

Vienna - Raiffeisen International, an Austrian operator of banks in Europe's new market economies, boosted first-quarter net profit by 32 per cent on strong growth in the former Soviet Union, the c

Hungary's Magyar Telekom sees income jump by 39.5 per cent

Budapest - Hungarian telecommunications firm said Thursday that its consolidated first-quarter net income rose by 39.5 per cent to 22.2 billion forints (134.52 million dollars), beating analyst exp

Bank Austria Q1 net profits drop by 23 per cent

Vienna - Bank AustriaAustria's largest bank, Bank Aust

German exports dip in March

Wiesbaden, Germany - German exports slumped in March, hit by a strong euro and a slowing global economy, according to official figures released on Thursday.

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