| European Business & Economy Headlines |
| Pound weak against the dollar
(AFP)
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| AFP - The pound briefly rebounded following the weak euro zone survey, before coming back under pressure on concerns about the outlook for the economy.
-- read full article |
| Wed, 30 Jul 2008 15:58:50 GMT - Yahoo! News: Business - European Economy |
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| Wall Street rises on oil slide and financials
(Reuters)
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| Reuters - Stocks rebounded on Tuesday, rising
more than 2 percent on another sharp slide in oil prices and
after Merrill Lynch's latest write-down and share sale
hinted at a possible turning point in the credit crisis.
-- read full article |
| Tue, 29 Jul 2008 20:35:18 GMT - Yahoo! News: Business - European Economy |
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| London shares close higher
(AFP)
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| AFP - Blue chips closed firmer on Tuesday, amid gains on Wall Street as the price of crude fell, and as UK banks clawed back some of their earlier losses.
-- read full article |
| Tue, 29 Jul 2008 16:32:44 GMT - Yahoo! News: Business - European Economy |
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| Rising inflation hits German confidence
(AP)
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| AP - Consumer confidence in Europe's biggest economy slid for a third straight month, falling to a more than 5-year low as higher energy prices, growing fears of a recession and concern about the global economy bothered German shoppers. -- read full article |
| Mon, 28 Jul 2008 12:08:42 GMT - Yahoo! News: Business - European Economy |
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| European stocks return to slippery slope
(AFP)
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| AFP - A brief surge for Europe's main stock markets came to a halt on Thursday, with share prices falling again as heavyweight energy stocks tumbled in London amid cooler oil prices.
-- read full article |
| Thu, 24 Jul 2008 11:01:18 GMT - Yahoo! News: Business - European Economy |
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| Economy - Tuesday
(Investor's Business Daily)
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| Investor's Business Daily - In an effort to rescue the Doha round of trade talks, Trade Representative Susan Schwab said the U.S. offered to slice its trade-distorting farm aid by an additional $1.4 bil to $15 bil. The offer is contingent on Brazil, India and other emerging economies cutting tariffs on industrial goods, a key demand of rich nations in the World Trade Organization's seven-year-old talks. Emerging countries want the U.S. cap set near $12 bil. The EU and Japan also offered steep cuts. Rising prices cut U.S. spending on farm subsidies to roughly $7 bil last year, below the $48.2 bil allowed under WTO rules. -- read full article |
| Tue, 22 Jul 2008 22:41:03 GMT - Yahoo! News: Business - European Economy |
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| U.S. offers farm subsidy cut, is asked for more
(Reuters)
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| Reuters - The United States offered on Tuesday to
cut its ceiling on trade-distorting farm subsidies to $15
billion in a bid to close world trade talks this year, but
leading developing countries said it was not enough.
-- read full article |
| Tue, 22 Jul 2008 14:41:08 GMT - Yahoo! News: Business - European Economy |
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| EU bid to steal show at WTO falls flat
(AFP)
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| AFP - A bid by the European Union to kickstart crucial trade talks with a new-sounding offer on agriculture tariffs fell flat on Monday with Brazil denouncing the proposal as "gimmickry".
-- read full article |
| Mon, 21 Jul 2008 20:15:49 GMT - Yahoo! News: Business - European Economy |
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