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    European Business & Economy Headlines
    German jobless rate falls further, but trend 'nearing end' (AFP)

    A a man waits for service at an unemployment office in Duesseldorf, western Germany, January 2007. German unemployment fell further in August, but the biggest European economy is flirting with recession and its job market will probably feel the effects later this year, analysts said.(AFP/DDP/File/Volker Hartmann)AFP - German unemployment fell further in August, but the biggest European economy is flirting with recession and its job market will probably feel the effects later this year, analysts said Thursday.


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    Thu, 28 Aug 2008 12:45:15 GMT - Yahoo! News: Business - European Economy
    London shares close higher (AFP)

    People walk past the London Stock Exchange. The FTSE 100 index finished near its session high as investors took heart from signs of more merger and acquisition activity in the banking sector.(AFP/File/Shaun Curry)AFP - London shares closed higher on Wednesday, lifted out of earlier losses by an upbeat report on the US manufacturing sector which helped allay fears about the economic outlook, and amid a surge in oil prices.


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    Wed, 27 Aug 2008 16:46:45 GMT - Yahoo! News: Business - European Economy
    German consumer, business confidence ebbs (AP)
    AP - Consumer confidence in Europe's biggest economy declined for a fourth month in a row, sliding to another five-year low as lower energy prices failed to bolster Germans' likelihood of buying new goods, a report released Tuesday found. -- read full article
    Tue, 26 Aug 2008 11:01:48 GMT - Yahoo! News: Business - European Economy
    FTSE closes lower (AFP)

    An installation at the London stock exchange. London shares finished down on Tuesday, off earlier lows, amid heavy falls amongst miners.(AFP/File/Ben Stansall)AFP - London shares finished down on Tuesday, off earlier lows, amid heavy falls amongst miners.


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    Tue, 26 Aug 2008 16:24:20 GMT - Yahoo! News: Business - European Economy
    IMF cuts world, euro zone growth outlook: source (Reuters)

    A plastic bear figurine is fixed on a computer monitor in front of the DAX board at the Frankfurt stock exchange August 22, 2008. (Alex Grimm/Reuters)Reuters - The International Monetary Fund has trimmed its forecasts for 2008 and 2009 world economic growth, largely due to a marked worsening in the outlook for the euro zone, a G20 finance official told Reuters on Monday.


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    Mon, 25 Aug 2008 16:27:30 GMT - Yahoo! News: Business - European Economy
    UK economic growth ground to a halt in Q2 (AP)
    AP - British economic growth ground to a halt between April and June, ending more than 15 years of continuous expansion, the government said Friday, as many fear the country is headed for recession. -- read full article
    Fri, 22 Aug 2008 10:52:58 GMT - Yahoo! News: Business - European Economy
    British economy faces recession after zero growth (AFP)

    A construction crane at a building site in central London, 2006. Britain faced the threat of a recession on Friday after official figures showed the economy stuttered to a halt in the second quarter with its weakest performance for 16 years.(AFP/File/Carl de Souza)AFP - Britain faced the threat of a recession on Friday after official figures showed the economy stuttered to a halt in the second quarter with its weakest performance for 16 years.


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    Fri, 22 Aug 2008 16:51:34 GMT - Yahoo! News: Business - European Economy
    Stocks end near session high (AFP)

    People walk past the London Stock Exchange. The FTSE 100 index finished near its session high as investors took heart from signs of more merger and acquisition activity in the banking sector.(AFP/File/Shaun Curry)AFP - The FTSE 100 index finished near its session high Friday as investors took heart from signs of more merger and acquisition activity in the banking sector.


    -- read full article
    Fri, 22 Aug 2008 17:14:45 GMT - Yahoo! News: Business - European Economy
    London shares close higher (AFP)

    An installation at the London stock exchange. London shares closed nearly 1% higher, breaking a three-day losing streak as commodities made gains. London's FTSE 100 index finished up 0.97 percent at 5,371.80 points.(AFP/File/Ben Stansall)AFP - London shares closed nearly 1% higher Wednesday, breaking a three-day losing streak as commodities made gains.


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    Wed, 20 Aug 2008 16:16:59 GMT - Yahoo! News: Business - European Economy
    German investor confidence unexpectedly rises (AP)
    AP - German investor confidence recovered in August from a 16-year low the month before, rising unexpectedly by 8.4 points as fears of an economic downturn in Europe's biggest economy appeared to ease, a key survey released Tuesday found. -- read full article
    Tue, 19 Aug 2008 12:17:34 GMT - Yahoo! News: Business - European Economy
    Dollar slips in profit taking (AFP)

    Euro banknotes next to US dollar notes in a cash register. The dollar slipped back Monday as investors took profits after recent gains while the euro found only modest support from a market anticipating more weakness in the European economy.(AFP/Getty Images/File/Annie Tritt)AFP - The dollar slipped back Monday as investors took profits after recent gains while the euro found only modest support from a market anticipating more weakness in the European economy.


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    Mon, 18 Aug 2008 21:49:44 GMT - Yahoo! News: Business - European Economy
    Industry group says UK facing recession (AP)
    AP - A recession is likely to descend on Britain within the next six to nine months, the British Chambers of Commerce warned on Monday. -- read full article
    Mon, 18 Aug 2008 10:58:17 GMT - Yahoo! News: Business - European Economy
    Dollar slips on profit-taking (AFP)

    Euro banknotes next to US dollar notes in a cash register. The dollar slipped back Monday on profit-taking after recent gains while the euro found only modest support as the market anticipated more weakness in the European economy.(AFP/Getty Images/File/Annie Tritt)AFP - The dollar slipped back Monday on profit-taking after recent gains while the euro found only modest support as the market anticipated more weakness in the European economy.


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    Mon, 18 Aug 2008 17:29:22 GMT - Yahoo! News: Business - European Economy
    London shares close lower (AFP)

    People walk past the London Stock Exchange. Leading shares closed lower as commodity stocks dragged down the FTSE despite better-than-expected US data.(AFP/File/Shaun Curry)AFP - Leading shares closed lower Friday as commodity stocks dragged down the FTSE despite better-than-expected US data.


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    Fri, 15 Aug 2008 16:19:23 GMT - Yahoo! News: Business - European Economy
    EU: Euro economy shrinks in second quarter (AP)

    Pedestrians walk past a giant euro logo in front of the European Central Bank (ECB) in Frankfurt, western Germany, Europe has swung towards recession, with the eurozone economy shrinking for the first time and inflation hovering at a record high as the sharp global downturn takes hold, new figures showed Thursday.(AFP/DDP/File/Torsten Silz)AP - The euro-zone economy shrank 0.2 percent in the second quarter, EU statistics showed Thursday, raising recession fears as Germany, France and Italy braked sharply with high fuel and food prices holding back consumer spending.


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    Thu, 14 Aug 2008 19:38:50 GMT - Yahoo! News: Business - European Economy
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