AFP - Brent crude oil dropped below 60 dollars a barrel Tuesday amid concerns over weakening energy demand after data showed US and European economies facing a worsening economic outlook, dealers said.
AFP
Continue reading about Brent oil falls below 60 dollars in Asian trade (AFP)
AFP - Oil prices nose-dived Monday as traders digested fresh signs of slowing economies in the European Union and the United States that bode ill for energy demand.
AFP
Continue reading about Oil prices skid on dire outlook for energy demand (AFP)
AFP - New data Monday showed the global financial crisis is pushing the whole European Union into recession, as South Korea unveiled a stimulus package and automakers reported a terrifying plunge in US vehicle sales.
AFP
Continue reading about Global financial crisis drives EU toward recession (AFP)
AP - Share prices on the London Stock Exchange closed up Monday.
AP
Continue reading about FTSE 100 up 65.94 points at 4,443.28 (AP)
AFP - The FTSE 100 Index gained 1.5 percent to 4443.28 on Monday while Lloyds TSB and HBOS both reported write-downs related to the market turmoil and the demise of US and Icelandic banks.
AFP
AP - The U.S. dollar was mostly higher against other major currencies in European trading Monday. Gold fell.
AP
Continue reading about Dollar mostly higher, gold falls afternoon trading (AP)
AP - World stock markets were modestly higher Monday in light trading volumes ahead of Tuesday's U.S. presidential election though further dismal U.S. economic data capped any gains.
AP
Continue reading about World stocks modestly higher ahead of US election (AP)
AP - EU finance ministers on Monday opened two days of talks aimed at crafting proposals for a new global financial order as the gloom in world markets hung over the euro-zone economy's outlook.
AP
Continue reading about EU finance ministers debate new financial order (AP)
AP - World stock markets moved lower Monday after further dismal U.S. economic data reinforced concerns about the world's largest economy.
AP
Continue reading about Stocks lower after dismal US manufacturing data (AP)
AP - The European Central Bank and the Bank of England are both expected to cut interest rates Thursday as they face sharply lower growth prospects as a result of the world's financial turmoil.
AP
Continue reading about ECB, BoE poised to cut rates Thursday (AP)
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