Business in EuropeEuropean Economy Business Blog |
AP - French bank BNP Paribas said Wednesday its net profit sank 56 percent in the third quarter on a 1.1 billion euro ($1.41 billion) loss linked to the financial crisis.
Comments Off AP - Britain's largest commercial broadcaster, ITV, said Wednesday that revenues for the first nine months of the year were little changed from last year despite the economic downturn, as growth in online ads and TV production offset weaker broadcast advertising.
Comments Off AP - Further evidence emerged Wednesday that Britain's manufacturing and services sectors are mired in recession, stoking expectations that the Bank of England will cut interest rates Thursday by a full percentage point for the first time since 1993.
Comments Off AP - Share prices on the London Stock Exchange were lower at midday Wednesday.
Comments Off AP - The German government has approved a package of spending and tax-cut measures worth billions of euros aimed at helping Europe's biggest economy weather the global financial crisis.
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