The European Central Bank shouldn’t increase the size of its interest-rate cuts to perk up the region’s flagging economy, Governing Council member Robert Holzmann told CNBC.

European shares extended gains to hit a record high on Wednesday, supported by stocks of beverage makers following Heineken's strong earnings, while investors awaited key U.S. inflation data. The ...

FRANKFURT - Deutsche Bank AG (NYSE:DB), acting as the Stabilisation Coordinator, announced today that Kreditanstalt fuer Wiederaufbau (KfW), with the Federal Republic of Germany as guarantor, is set ...