| European Business & Economy Headlines |
| Geithner rallies stocks but Citi still ailing
(Reuters)
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|  Reuters - President-elect Barack Obama wants New York Federal Reserve President Timothy Geithner as his Treasury secretary, news that sparked a stock market surge on Friday and fostered confidence that Obama may be taking up the U.S. economic reins before his inauguration in January.
-- read full article |
| Fri, 21 Nov 2008 23:06:53 GMT - Yahoo! News: Business - European Economy |
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| UK home repossessions up 12 pct in 3Q from 2Q
(AP)
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| AP - Home repossessions in Britain jumped 12 percent to 11,300 in the third quarter from the previous quarter, the Council of Mortgage Lenders said Friday, more evidence that the financial crisis is taking its toll on households and the ailing housing market. -- read full article |
| Fri, 21 Nov 2008 10:49:34 GMT - Yahoo! News: Business - European Economy |
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| Survey shows euro-zone economy shrinking in Nov
(AP)
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| AP - The downturn in the euro-zone economy, particularly within the manufacturing sector, gathered pace in November amid mounting recession fears and the deepening financial crisis, a closely watched survey showed Friday. -- read full article |
| Fri, 21 Nov 2008 11:26:09 GMT - Yahoo! News: Business - European Economy |
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| Pelosi vows stimulus, auto aid as economy falters
(Reuters)
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|  Reuters - House of Representatives Speaker Nancy Pelosi pledged support for a U.S. stimulus package and aid for sputtering carmakers on Friday, stepping into a Washington power vacuum that analysts fear may be contributing to the global financial crisis.
-- read full article |
| Fri, 21 Nov 2008 19:50:21 GMT - Yahoo! News: Business - European Economy |
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| Report: Ford Germany needs no state bailout money
(AP)
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| AP - Bernhard Mattes, chief of Ford Motor Co.'s German unit, said that while the company can survive without a bailout from the German state, it hopes the European Union will help the ailing auto industry with a loan package. -- read full article |
| Fri, 21 Nov 2008 13:02:16 GMT - Yahoo! News: Business - European Economy |
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| French consumer spending slides in October
(AP)
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| AP - French consumer spending, the main driver of growth in the euro zone's second-largest economy, fell abruptly in October, suggesting France may yet follow its neighbors Germany and Britain into recession. -- read full article |
| Fri, 21 Nov 2008 14:01:59 GMT - Yahoo! News: Business - European Economy |
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