| European Business & Economy Headlines |
| World stocks soar on US mortgage bailout
(AFP)
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| AFP - European stocks soared Monday in a massive relief rally after the US government bailed out ailing mortgage giants Fannie Mae and Freddie Mac, easing fears of a global financial meltdown.
-- read full article |
| Mon, 08 Sep 2008 17:00:34 GMT - Yahoo! News: Business - European Economy |
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| On London: Scant comfort to be found in the pound's current decline
(FT.com)
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| FT.com - Sterling's decline against the dollar showed no signs of slowing this week, but what was more interesting was the reaction of the London market. The FTSE 100 fell 7.1 per cent - its worst weekly performance in percentage terms in more than six years - turning on its head the idea that the UK market performs well during periods of dollar strength. -- read full article |
| Fri, 05 Sep 2008 19:50:10 GMT - Yahoo! News: Business - European Economy |
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| German industrial production fell in July
(AP)
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| AP - German industrial production fell 1.8 percent in July compartede with June, with the three main categories of output showing declines, the ministry of the economy said Friday. -- read full article |
| Fri, 05 Sep 2008 13:43:48 GMT - Yahoo! News: Business - European Economy |
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| London shares end week sharply lower
(AFP)
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| AFP - The FTSE ended the week sharply lower Friday, with miners suffering the biggest losses amid ongoing concerns over the global economy and disappointing US jobless data.
-- read full article |
| Fri, 05 Sep 2008 16:13:13 GMT - Yahoo! News: Business - European Economy |
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| Euro dives to 2008 low against dollar
(AFP)
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| AFP - The euro sank to its lowest level against the dollar this year on Thursday after the European Central Bank cut its eurozone growth forecasts, adding to gloom surrounding the European economy.
-- read full article |
| Thu, 04 Sep 2008 17:34:58 GMT - Yahoo! News: Business - European Economy |
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| Eurozone contracts 0.2% in 2nd quarter: EU
(AFP)
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| AFP - The economy of the 15 nations sharing the euro contracted in the second quarter for the first time since the bloc was formed in 1999, according to a second official EU estimate on Wednesday.
-- read full article |
| Wed, 03 Sep 2008 09:16:43 GMT - Yahoo! News: Business - European Economy |
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| Euro economy contracts in 2Q on falling exports
(AP)
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| AP - Falling exports and lower household spending caused a 0.2 percent second-quarter decline in the economy of the 15 nations that share the euro currency, European Union statistics showed Wednesday. -- read full article |
| Wed, 03 Sep 2008 13:50:22 GMT - Yahoo! News: Business - European Economy |
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| European gloomy, U.S. vulnerable
(Reuters)
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| Reuters - Major economies on both sides of
the Atlantic are increasingly vulnerable to each other's
weakness, as the euro zone teeters on the brink of recession
while the United States is barely muddling through, data showed
on Wednesday.
-- read full article |
| Wed, 03 Sep 2008 15:36:30 GMT - Yahoo! News: Business - European Economy |
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| Putin vows 'an answer' to NATO ships near Georgia
(AP)
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| AP - Prime Minister Vladimir Putin said Tuesday that Russia will respond calmly to an increase in NATO ships in the Black Sea in the aftermath of the short war with Georgia, but promised that "there will be an answer."
-- read full article |
| Tue, 02 Sep 2008 19:36:08 GMT - Yahoo! News: Business - European Economy |
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