Business in EuropeEuropean Economy Business Blog |
AP - Over two roller-coaster days, Volkswagen's share price soared high enough to briefly make it the world's most valuable company, before a 40 percent crash Wednesday wiped out tens of billions of dollars in paper value and underscored the astonishingly capricious nature of the financial crisis.
Comments Off AFP - Australia and the European Union on Wednesday signed what they called a "historic" partnership agreement, and pledged to work closely together on the global financial crisis.
Comments Off AP - Ukraine's parliament on Wednesday approved legislation that the International Monetary Fund set as a condition for an emergency loan, raising hopes that this ex-Soviet republic, hit hard by the global crisis, will avoid a meltdown.
Comments Off AFP - London shares soared on Wednesday to close more than eight percent higher as investors counted on a round of global interest rate cuts.
Comments Off AP - European stock markets closed mostly higher Wednesday on expectations of interest rate cuts around the world starting with the U.S. Federal Reserve, while U.S. stocks were up for the second day running.
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