| European Business & Economy Headlines |
| Romania suspends tax on new cars
(AP)
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| AP - The Romanian government will suspend a tax on new cars to protect jobs in the auto industry, which has been hit by the world economic crisis, Prime Minister Calin Popescu Tariceanu said Wednesday. -- read full article |
| Wed, 19 Nov 2008 16:05:31 GMT - Yahoo! News: Business - European Economy |
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| EU official: Help justified for Opel, industry
(AP)
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| AP - The European Union's industry chief said Wednesday that "extraordinary measures" are justified to keep car maker Adam Opel GmbH in business and shore up the entire car industry, blaming problems on U.S. car companies and the U.S.-spawned financial crisis. -- read full article |
| Wed, 19 Nov 2008 16:16:56 GMT - Yahoo! News: Business - European Economy |
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| SolarWorld offers $1.3B for Adam Opel's assets
(AP)
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| AP - German solar energy company SolarWorld AG said Wednesday it plans to offer euro1 billion in cash and credit for some assets of carmaker Adam Opel GmbH, the German subsidiary of financially strapped General Motors Corp. GM said it wasn't selling. -- read full article |
| Wed, 19 Nov 2008 17:51:15 GMT - Yahoo! News: Business - European Economy |
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| London FTSE closes down
(AFP)
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| AFP - London shares closed down Wednesday with banks performing badly for the third straight session as investors worried that government injections and rate cuts won't be enough to stabilise these institutions.
-- read full article |
| Wed, 19 Nov 2008 17:53:27 GMT - Yahoo! News: Business - European Economy |
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| Italy government approves Alitalia offer
(AP)
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| AP - Italy's Economic Development Ministry says the government has approved the sale of assets in the bankrupt Alitalia airline to a group of Italian investors for at least euro1.052 billion ($1.33 billion). -- read full article |
| Wed, 19 Nov 2008 18:07:27 GMT - Yahoo! News: Business - European Economy |
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| FTSE 100 dips 0.12%
(AFP)
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| AFP - The FTSE 100 index of leading shares eased 0.12 percent to 4,203.71 points when trading began on Wednesday.
-- read full article |
| Wed, 19 Nov 2008 09:39:08 GMT - Yahoo! News: Business - European Economy |
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| Asian, European markets fall on gloomy earnings
(AP)
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| AP - Most Asian and European markets slid into the red Wednesday as weak earnings from financial firms, lower commodity prices and concerns about ailing U.S. automakers reinforced pervasive gloom about the global economy.
-- read full article |
| Wed, 19 Nov 2008 09:54:41 GMT - Yahoo! News: Business - European Economy |
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| British inflation falls to 4.5 percent in October
(AP)
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| AP - Inflation in Britain fell in October for the first time in 14 months largely because of cheaper oil prices, official figures showed Tuesday, giving the Bank of England room to cut interest rates even further as the country heads into an expected recession. -- read full article |
| Tue, 18 Nov 2008 11:39:26 GMT - Yahoo! News: Business - European Economy |
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| Stock markets rise on Hewlett-Packard news
(AP)
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| AP - European and U.S. stocks rose Tuesday after computer maker Hewlett-Packard Co. said it is weathering the economic slowdown better than anticipated. Asian markets closed lower overnight.
-- read full article |
| Tue, 18 Nov 2008 17:19:16 GMT - Yahoo! News: Business - European Economy |
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| Crisis could mean bargains for China
(AP)
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| AP - Chinese companies are shopping for companies in Europe and around the world, undeterred by the global financial crisis. In fact, they are hunting for bargains.
-- read full article |
| Tue, 18 Nov 2008 16:51:46 GMT - Yahoo! News: Business - European Economy |
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