| European Business & Economy Headlines |
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| NATO mulls expanding its drug role in Afghanistan
(AP)
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| AP - The United States on Thursday pushed NATO allies to order their troops to target Afghanistan's thriving heroin trade in a bid to stem the flow of drug money to the widening insurgency against the troubled international military mission.
-- read full article |
| Thu, 09 Oct 2008 11:31:24 GMT - Yahoo! News: Business - European Economy |
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| European markets rebound ahead of Wall Street open
(AP)
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| AP - European markets shed some early gains Thursday ahead of Wall Street's opening, but remained in positive territory, with British banking stocks in particular enjoying a strong rally in the wake of the government's 500 billion pound (US$865 billion) rescue plan.
-- read full article |
| Thu, 09 Oct 2008 12:36:07 GMT - Yahoo! News: Business - European Economy |
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| London stocks slump
(AFP)
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| AFP - The FTSE 100 index of leading shares closed down on Thursday as a mid-day rally on stepped up government support for banks ran out of steam just before the close of trade.
-- read full article |
| Thu, 09 Oct 2008 16:46:46 GMT - Yahoo! News: Business - European Economy |
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| Iceland suspends stock trading, creates new bank
(AP)
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| AP - Iceland suspended trading on its stock exchange for two days and took control of the country's largest bank the third to be placed under its protective umbrella on Thursday as it grappled with a banking crisis that is threatening to engulf the entire country.
-- read full article |
| Thu, 09 Oct 2008 17:15:45 GMT - Yahoo! News: Business - European Economy |
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| World markets slide again despite shock rate cuts
(AP)
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| AP - World stock markets swooned once more Wednesday as concerns about the state of the global economy outweighed a coordinated rate cut by top central banks aimed restoring confidence in the world's crisis-stricken financial system.
-- read full article |
| Wed, 08 Oct 2008 21:59:49 GMT - Yahoo! News: Business - European Economy |
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| Iceland plunges further into financial turmoil
(AP)
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| AP - Iceland plunged further into financial turmoil and muddled into a diplomatic spat with Britain over its handling of the crisis on Wednesday as the country's third-largest bank went into receivership and the government abandoned attempts to put a floor under its free-falling currency.
-- read full article |
| Wed, 08 Oct 2008 19:31:47 GMT - Yahoo! News: Business - European Economy |
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| NATO mulls expanding its drug role in Afghanistan
(AP)
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| AP - The United States on Thursday will push NATO allies to order their troops to target Afghanistan's thriving heroin trade in a bid to stem the flow of drug money to the widening insurgency against the troubled international military mission.
-- read full article |
| Thu, 09 Oct 2008 07:55:14 GMT - Yahoo! News: Business - European Economy |
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| European markets tumble after Asian slide
(AP)
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| AP - European markets tumbled in early trading Wednesday amid ongoing fears about the state of credit markets despite the British government's 50 billion pound ($87.5 billion) rescue package for the banking system. In Asia, Japan's Nikkei suffered its worst day since the 1987 stock market crash.
-- read full article |
| Wed, 08 Oct 2008 10:24:11 GMT - Yahoo! News: Business - European Economy |
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| British government steps in to help banks
(AP)
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| AP - The British government announced a 50 billion pounds ($87.5 billion) plan on Wednesday to partly nationalize major banks, with taxpayers taking stakes in a bid to shore up a financial sector hard hit by the world financial crisis. -- read full article |
| Wed, 08 Oct 2008 10:49:45 GMT - Yahoo! News: Business - European Economy |
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