| European Business & Economy Headlines |
| HBOS shares in distress, FTSE stocks in spin
(AFP)
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| AFP - Shares in the top home-loan lender HBOS swung wildly on Wednesday amid a report it might be taken over, spinning London stocks into volatile uncertainty after an overnight rescue for US insurer AIG.
-- read full article |
| Wed, 17 Sep 2008 10:49:59 GMT - Yahoo! News: Business - European Economy |
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| Russia moves to bolster banking sector
(AP)
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| AP - Russia moved to bolster the country's increasingly stressed banking sector Wednesday, as the global economic turmoil deepened fears that the country could face a crisis similar to the one 10 years ago. -- read full article |
| Wed, 17 Sep 2008 12:00:38 GMT - Yahoo! News: Business - European Economy |
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| London shares close sharply lower
(AFP)
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| AFP - London shares closed sharply lower on Wednesday, giving up early gains sparked by the overnight rescue of US insurance giant AIG and amid news of takeover talks between Lloyds TSB and struggling mortgage lender HBOS.
-- read full article |
| Wed, 17 Sep 2008 16:36:20 GMT - Yahoo! News: Business - European Economy |
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| European, Japanese central banks offer more cash
(AP)
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| AP - Major European central banks pumped yet more billions in short-term credit into the financial system Tuesday in an effort to shore up confidence in the aftermath of Lehman Brothers Holdings Inc.'s bankruptcy and the sale of Merrill Lynch to Bank of America Corp. -- read full article |
| Tue, 16 Sep 2008 12:18:18 GMT - Yahoo! News: Business - European Economy |
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| FTSE slides to three-year low
(AFP)
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| AFP - London's FTSE 100 index of leading shares on Tuesday tumbled below 5,000 points for the first time in more than three years as global financial markets continued to suffer from the collapse of Lehman Brothers.
-- read full article |
| Tue, 16 Sep 2008 14:32:46 GMT - Yahoo! News: Business - European Economy |
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| Asian markets plunge on Lehman, Merrill woes
(AP)
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| AP - Asian stock markets tumbled Tuesday as the collapse of Lehman Brothers and takeover of Merrill Lynch spurred fears of a global financial crisis. European markets, which fell sharply Monday, extended losses in early trading.
-- read full article |
| Tue, 16 Sep 2008 08:40:04 GMT - Yahoo! News: Business - European Economy |
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