Markets News Afternoon: FBD warns on cost of flooding; Citi to repay $20bn bailout support to US government; Eurozone lost 712,000 jobs in Q3 2009
Dec 14th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and oil; FBD Holdings plc in an update to its Interim Management Statement issued on 19 November 2009 said today that the the recent flooding in the south and west of Ireland, is likely to cost the Irish Insurance Industry of more any previous weather-related event. Meanwhile, Citigroup today announced it will repay $20 billion bailout support to the US government.