FTSE 100 down 56.05 points at midday (AP)
AP - Share prices on the London Stock Exchange were lower at midday Friday.
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Comments Off World markets wane on recession fears (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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Comments Off BSkyB profit down, confirms customer target (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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Comments Off Friends Provident abandons F&C and Lombard sales (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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Comments Off Spain: economy shrank 0.2 pct in 3rd quarter (AP)
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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