| European Business & Economy Headlines |
| Euro rises on dollar to $1.2744
(AP)
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| AP - The euro rose against the dollar on Friday as investors looked toward a Group of 20 meeting in Washington this weekend on hopes of help for the world economy. -- read full article |
| Fri, 14 Nov 2008 08:06:48 GMT - Yahoo! News: Business - European Economy |
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| Italian economy slides into recession
(AP)
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| AP - Government data show that the Italian economy is officially in recession. Europe's fourth-largest economy recorded negative growth for the second consecutive quarter in the third quarter. -- read full article |
| Fri, 14 Nov 2008 09:21:36 GMT - Yahoo! News: Business - European Economy |
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| Serbia reaches deal with IMF
(AP)
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| AP - Serbia said Friday it has reached a deal with the International Monetary Fund to get a loan in case of emergencies to counter the global financial crisis and increase the Balkan country's credit worthiness. -- read full article |
| Fri, 14 Nov 2008 09:35:25 GMT - Yahoo! News: Business - European Economy |
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| Russian shares plunge amid market closures
(AP)
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| AP - Russia's battered stock markets suffered another chaotic day of trading Thursday, as regulators shut the exchanges in response to falling share prices, then reopened them — a practice that is wearing thin with investors. -- read full article |
| Thu, 13 Nov 2008 19:55:26 GMT - Yahoo! News: Business - European Economy |
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| French bank Natixis reports steep 3Q loss
(AP)
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| AP - French bank Natixis said Thursday it swung to a loss in the third quarter after setting aside money for its exposure to the bankruptcy of Lehman Brothers and Icelandic banks, and warned that "chaotic" market conditions would lead to further losses this year. -- read full article |
| Thu, 13 Nov 2008 11:42:26 GMT - Yahoo! News: Business - European Economy |
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| German economy falls into recession
(AP)
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| AP - The German economy, Europe's biggest, tipped into recession in the third quarter as weakening exports fueled a bigger-than-expected fall in national output, government figures showed Thursday. -- read full article |
| Thu, 13 Nov 2008 11:43:35 GMT - Yahoo! News: Business - European Economy |
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| Euro dips briefly below $1.24 before gaining
(AP)
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| AP - The euro and the pound fell on Thursday as new data showed Europe, the U.S. and Japan sliding into recession and as markets digested a change of direction in the U.S. financial bailout plan. -- read full article |
| Thu, 13 Nov 2008 12:58:59 GMT - Yahoo! News: Business - European Economy |
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| Irish inflation falls to 2-year low
(AP)
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| AP - Inflation in Ireland has fallen to a two-year low of 4.0 percent as falling demand during the country's economic downturn drives down the prices of many goods, the government Central Statistics Office reported Thursday. -- read full article |
| Thu, 13 Nov 2008 13:32:57 GMT - Yahoo! News: Business - European Economy |
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| Romanian companies to lay off 800 workers
(AP)
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| AP - Romanian companies in the chemical and fertilizer industry said Thursday they will lay off some 800 workers as their businesses feel the effects of the global economic crisis. -- read full article |
| Thu, 13 Nov 2008 14:56:05 GMT - Yahoo! News: Business - European Economy |
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| FTSE closes down
(AFP)
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|  AFP - London shares closed in the red on Thursday as oil and commodity prices slid due to the global economic slowdown.
-- read full article |
| Thu, 13 Nov 2008 17:05:36 GMT - Yahoo! News: Business - European Economy |
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| Zurich Financial 3Q profits plummet 90 percent
(AP)
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| AP - Swiss insurer Zurich Financial Services AG on Thursday reported a 90 percent drop in profit for the third quarter following write-downs of $1.1 billion due to the financial crisis and a costly hurricane season. -- read full article |
| Thu, 13 Nov 2008 17:10:28 GMT - Yahoo! News: Business - European Economy |
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