Eurozone inflation surges to 16-year high
The pick-up in inflation, from 3.3% in February to 3.5% in March, all but rules out any cut in European Central Bank interest rates in the near future, even as
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Archive March/2008
Swiss Islamic bank planned
The continued boom in bank products compliant with Islam has spurred plans to set up a new financial institution in Switzerland based on the tenets of the faith
US praises Chinese economic policies
Hank Paulson, US Treasury secretary, will tell leaders in Beijing this week that the renminbi's recent appreciation is 'significant and welcome', according to a top US official
Paulson outlines plans for bank regulation
Hank Paulson, Secretary of the Treasury, talked through plans to give the Federal Reserve increased powers to regulate investment banks and limit the risks that they take
Mugabe and opposition neck-and-neck
Zimbabwe's opposition was level with President Robert Mugabe's party and two of his ministers lost their seats as results from the bitterly contested presidential and parliamentary elections continued to trickle
Turkish court to hear case against ruling party
Turkey faces months of political uncertainty after the constitutional court agreed to hear a case that could result in the closure of the governing party and five-year bans for its
Pernod pays €5.63bn for Absolut owner
The French drinks group has won the auction for Vin & Sprit, the Swedish owner of Absolut vodka, with a bid totalling €5.63bn including debt
Georgian leader warns against Nato veto
Denying Georgia and Ukraine the right to move towards Nato membership would amount to appeasement of Russia, according to Mikheil Saakashvili, Georgia's president
Iraqi Shia cleric calls off militia
Moqtada al-Sadr called on his followers to stop fighting Iraqi government forces in Basra as he attempted to avert a widening of internal Shia conflict
Microsoft agrees video deal for Xbox platform
Microsoft has moved to strengthen the entertainment credentials of its Xbox by striking a content deal with a new Hollywood digital group that counts Sean "Diddy" Combs and Djimon Hounsou