| European Business & Economy Headlines |
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| Dutch insurer Aegon may seek US assistance
(AP)
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| 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 |
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| Darling warns against bank bailout renegotiation
(AP)
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| 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 |
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| Berlusconi says no auto aid for now
(AP)
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| 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 |
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| Shares steady when trading begins
(AFP)
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| 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 |
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| Asia stocks sink as layoffs add to global gloom
(AP)
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| 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 |
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| Euro drifts lower against dollar
(AP)
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| 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 |
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| Euro-zone trade deficit swells in September
(AP)
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| 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 |
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| US bank lending rates up for 3rd day running
(AP)
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| 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 |
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