French companies mustn’t shift production abroad (AP)

AP - France's junior minister for employment said Friday a surveillance mechanism is to be put into place to make sure only companies in real financial difficulty shed jobs or move abroad.
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AP - World markets barely rose Friday as profit-taking following gains earlier in the week was offset by stock buying from pension funds balancing their portfolios at the month's end.

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Continue reading about World markets steady at month end (AP)

AP - The European Commission on Friday asked EU governments to approve a 6.5 billion euro ($8.5 billion) loan to Hungary announced earlier this week and to more than double a special crisis fund to help any other EU nations in financial trouble.
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AP - Ukraine's central bank said Friday that 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.

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Continue reading about Ukraine hryvna strengthens on stabilization moves (AP)

AP - Russia's Central Bank said Friday it aims to let the ruble, whose value is now pegged to other currencies, float freely on currency markets in the next few years.
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AP - Share prices on the London Stock Exchange were lower at midday Friday.
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Continue reading about FTSE 100 down 56.05 points at midday (AP)

AP - European markets were modestly lower Friday ahead of Wall Street's open with investors continuing to worry about the global economic outlook despite another interest rate reduction, this time from the Bank of Japan.

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Continue reading about World markets wane on recession fears (AP)

AP - Satellite broadcaster British Sky Broadcasting Group PLC said Friday its net profit dropped 13 percent in the third quarter but reaffirmed it is on course to have 10 million customers by the end of 2010 — even though the British economy is heading into recession.
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Continue reading about BSkyB profit down, confirms customer target (AP)

AP - Friends Provident PLC, the struggling British life assurer, said Friday it is abandoning the sale of its F&C asset management and Lombard wealth management units nine months after putting them on the market, unable to find buyers because of the financial crisis.
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AP - The Bank of Spain says the country's GDP has fallen 0.2 percent in the third quarter from the previous quarter, the first such decline in 15 years.
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Continue reading about Spain: economy shrank 0.2 pct in 3rd quarter (AP)