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    European Business & Economy Headlines
    FTSE-100 up 76.39 points at 4,208.55 (AP)
    AP - Share prices on the London Stock Exchange closed higher Tuesday. -- read full article
    Tue, 18 Nov 2008 17:19:53 GMT - Yahoo! News: Business - European Economy
    UK plumbing supplies firm Wolseley cuts 2,000 jobs (AP)
    AP - Wolseley PLC, the world's largest distributor of plumbing products, said Monday it would shed 2,000 jobs and close 200 branches in Britain and Ireland to adjust to the economic downturn. -- read full article
    Tue, 18 Nov 2008 17:40:11 GMT - Yahoo! News: Business - European Economy
    FTSE 100 rebounds from early lows (AFP)

    An investor looks at a computer screen showing the FTSE 100 share index at the close of trading in London. The leading share index bounced back as it mirrored strong gains on Wall Street to recover from early lows.(AFP/File/Shaun Curry)AFP - The leading share index bounced back on Tuesday as it mirrored strong gains on Wall Street to help it recover from early lows.


    -- read full article
    Tue, 18 Nov 2008 18:07:01 GMT - Yahoo! News: Business - European Economy
    Dutch insurer Aegon may seek US assistance (AP)
    AP - Aegon NV, the Dutch owner of U.S. insurer Transamerica, said Tuesday it has signed up with the U.S. federal government's financial rescue program but added it did not yet plan to ask for funds. -- read full article
    Tue, 18 Nov 2008 18:10:59 GMT - Yahoo! News: Business - European Economy
    Italy seize suspected Mafia assets from store boss (AP)
    AP - Italian authorities have seized assets worth euro700 million ($885 million) from a supermarket chain owner suspected of letting the Mafia use his businesses to launder money. -- read full article
    Tue, 18 Nov 2008 18:12:21 GMT - Yahoo! News: Business - European Economy
    Darling warns against bank bailout renegotiation (AP)
    AP - British Treasury chief Alistair Darling warned on Tuesday that any attempts to renegotiate the government's 37 billion pound ($55 billion) bailout of several banks hit by the financial crisis could prove even more costly for shareholders than the current deal. -- read full article
    Tue, 18 Nov 2008 18:13:05 GMT - Yahoo! News: Business - European Economy
    Crisis could reverse decades of falling subsidies (AP)
    AP - The financial crisis is forcing European Union nations to reverse two decades of declining state subsidies for companies, the European Commission said Tuesday. -- read full article
    Tue, 18 Nov 2008 18:30:26 GMT - Yahoo! News: Business - European Economy
    Berlusconi says no auto aid for now (AP)
    AP - Italian Premier Silvio Berlusconi and German Chancellor Angela are taking a wait-and-see posture on aid to the auto industries that power both economies, while closely watching moves in the United States, the leaders said following a summit in the northern port of Trieste on Tuesday. -- read full article
    Tue, 18 Nov 2008 19:13:32 GMT - Yahoo! News: Business - European Economy
    Shares steady when trading begins (AFP)

    London's FTSE 100 index of leading shares edged ahead by 0.04 percent to 4,133.98 points when trading began, as investors awaited official data expected to show the first drop in inflation for more than a year.(AFP/File/Carl de Souza)AFP - London's FTSE 100 index of leading shares edged ahead by 0.04 percent to 4,133.98 points when trading began on Tuesday, as investors awaited official data expected to show the first drop in inflation for more than a year.


    -- read full article
    Tue, 18 Nov 2008 08:31:30 GMT - Yahoo! News: Business - European Economy
    Asia stocks sink as layoffs add to global gloom (AP)

    Pedestrians pass by an electronic stock board at a securities firm in Tokyo Tuesday, Nov. 18, 2008. Japan's Nikkei 225 fell 82.17 points to end morning session at 8,440.41. (AP Photo/Koji Sasahara)AP - Asian stock markets sank Tuesday after Wall Street retreated and global financial firms announced another round of massive layoffs, adding to gloom about the world economy. European markets traded lower.


    -- read full article
    Tue, 18 Nov 2008 09:18:53 GMT - Yahoo! News: Business - European Economy
    Euro drifts lower against dollar (AP)
    AP - The euro and the pound drifted lower against the U.S. dollar in European trading on Monday after a summit of world leaders in Washington failed to provide specific guidelines to ease the global financial crisis. -- read full article
    Mon, 17 Nov 2008 10:15:06 GMT - Yahoo! News: Business - European Economy
    US dollar mostly higher in Europe (AP)
    AP - The U.S. dollar was mostly higher against other major currencies in European trading Monday morning. Gold fell. -- read full article
    Mon, 17 Nov 2008 10:48:42 GMT - Yahoo! News: Business - European Economy
    Euro-zone trade deficit swells in September (AP)
    AP - The euro-zone swung to a trade deficit of 5.6 billion euros ($7.1 billion) in September from a 2.9 billion euro surplus last year as euro nations imported far more than they sold abroad, the EU statistics agency Eurostat said. -- read full article
    Mon, 17 Nov 2008 11:25:56 GMT - Yahoo! News: Business - European Economy
    US bank lending rates up for 3rd day running (AP)
    AP - Dollar lending rates between banks rose for the third day running Monday after last week's turnabout by U.S. Treasury Secretary Hank Paulson on the $700 billion U.S. financial rescue program fostered renewed uncertainty in credit markets. -- read full article
    Mon, 17 Nov 2008 13:15:49 GMT - Yahoo! News: Business - European Economy
    Turkish joblessness rises, consumer optimism falls (AP)
    AP - Turkey's economy felt the impact of the global financial crisis as official figures released Monday showed consumer optimism plummeting and unemployment rising. -- read full article
    Mon, 17 Nov 2008 13:28:04 GMT - Yahoo! News: Business - European Economy
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