Feeds
Auto parts and tire maker Continental AG and ailing real estate lender Hypo Real Estate AG will be taken off Germany's benchmark DAX-30 Index later this month, Deutsche Boerse said. They will be replaced by Beiersdorf AG and Salzgitter AG on Dec. 22.
European governments sought to contain the deepening world financial crisis on Wednesday, with Britain stepping in to help its hard-pressed banks and Russia shutting down its biggest stock market for two days. But the greatest relief to markets came from a coordinated rate cut from leading world central banks.
Germany on Sunday guaranteed all private bank accounts and negotiated a 50 billion euro ($69 billion) bailout deal for Hypo Real Estate AG as Europe's second largest economy sought to ward off financial crisis.
Log In | Register
