Business in EuropeEuropean Economy Business Blog |
AP - Deutsche Boerse AG said Friday it is changing the rules that dictate how a stock is included in its DAX Index after Volkswagen shares soared nearly fivefold in value and skewed trading in Germany.
Comments Off AP - A bank belonging to one of Russia's biggest tycoons said Friday it is seeking $400 million in government loans to stave off foreign creditors. The move underlines the squeeze put on Moscow's overleveraged moguls by the financial crisis and the strings the Kremlin can put on bailing them out.
Comments Off AP - The U.S. dollar was mostly higher against other major currencies in European trading Friday. Gold fell.
Comments Off AP - Ukraine's central bank said Friday it had won a promise from several top commercial banks to help stabilize the national currency, which has lost over a quarter of its value in a severe financial crisis.
Comments Off AP - France asked the European Union on Friday to push the United States and other countries to commit to bold reforms of the financial system when they meet at a crisis summit next month.
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