| European Business & Economy Headlines |
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| Euro stocks up, Asia's down as central banks act
(AP)
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| AP - European stocks halted three days of losses in early afternoon trading Thursday, rising slightly after a concerted effort by central banks to pump billions more U.S. dollars into troubled money markets and limit the global financial crisis. Asian markets fell.
-- read full article |
| Thu, 18 Sep 2008 11:32:31 GMT - Yahoo! News: Business - European Economy |
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| Fed, ECB pump billions into money markets
(AP)
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| AP - The world's major central banks banded together on Thursday to inject as much as $180 billion into money markets in a bid to stave off the growing global financial crisis.
-- read full article |
| Thu, 18 Sep 2008 11:58:02 GMT - Yahoo! News: Business - European Economy |
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| Kremlin to shore up financial markets
(AP)
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| AP - The Kremlin is in crisis mode, pledging a $20 billion boost Thursday to shore up Russia's battered markets as it seeks to ward off a financial crash and restore confidence in its fragile banking sector.
-- read full article |
| Thu, 18 Sep 2008 18:52:45 GMT - Yahoo! News: Business - European Economy |
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| Lehman close to sale of unit left off by Barclays
(AP)
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| AP - As Lehman Brothers secured court approval to begin the sale of key North American units to Barclays bank, its negotiators out of court neared a deal to sell parts of the business Barclays had not yet claimed, starting with its prized money management business.
-- read full article |
| Thu, 18 Sep 2008 00:17:20 GMT - Yahoo! News: Business - European Economy |
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| Poll shows UK opposition with growing support
(AP)
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| AP - Britain's opposition Conservatives are amassing increasing public support, according to a new poll, as Prime Minister Gordon Brown's ruling Labour Party struggles with a weakening economy and other woes. -- read full article |
| Thu, 18 Sep 2008 01:07:22 GMT - Yahoo! News: Business - European Economy |
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| 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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