| European Business & Economy Headlines |
| FTSE ends lower on Lehman woes
(AFP)
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| AFP - The FTSE 100 index closed lower on Wednesday as ailing US investment bank Lehman Brothers unveiled huge write-downs linked to the subprime mortgage crisis.
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| Wed, 10 Sep 2008 16:38:57 GMT - Yahoo! News: Business - European Economy |
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| Europe flirting with recession: EU
(AFP)
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| AFP - The 15 countries sharing the euro are teetering on the brink of recession but should just escape the worst, the European Commission said on Wednesday, slashing its economic forecasts for this year.
-- read full article |
| Wed, 10 Sep 2008 17:39:01 GMT - Yahoo! News: Business - European Economy |
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| European stocks mostly fall at open
(AFP)
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| AFP - European stock markets mainly fell at the start of trading on Wednesday as oil prices rebounded back above 100 dollars after OPEC decided to cut its crude production.
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| Wed, 10 Sep 2008 08:29:50 GMT - Yahoo! News: Business - European Economy |
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| European stocks pause for breath at open
(AFP)
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| AFP - European stock markets held steady at the opening of trade on Tuesday following surges the day before caused by the US bailout of former mortgage titans Fannie Mae and Freddie Mac.
-- read full article |
| Tue, 09 Sep 2008 09:01:11 GMT - Yahoo! News: Business - European Economy |
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| Glitch halts trade on LSE
(AFP)
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| AFP - The London Stock Exchange said Monday it had been forced to halt trade after experiencing connectivity problems with some clients.
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| Mon, 08 Sep 2008 10:18:29 GMT - Yahoo! News: Business - European Economy |
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| FTSE closes up 4% despite hitch
(AFP)
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| AFP - Shares in London closed sharply higher on Monday, adding nearly four percent despite a technical glitch which prevented trading for most of the business days.
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| Mon, 08 Sep 2008 16:36:30 GMT - Yahoo! News: Business - European Economy |
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| 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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