Business in EuropeEuropean Economy Business Blog |
AP - Gordon Brown has been one of the few leaders with a spring in his step since the world economy began to nosedive and he'll be hoping it will carry him to success at a weekend summit on the global financial meltdown.
Comments Off AP - More than a trillion dollars in annual investments to find new fossil fuels will be needed for the next two decades to avoid an energy crisis that could choke the global economy, the International Energy Agency said Wednesday.
Comments Off AFP - London shares closed down Wednesday in a volatile session as financial and retail stocks sunk on further evidence of severe economic downturns across the globe.
Comments Off AP - Carmaker Opel's factory in southern Poland will temporarily halt production because of lower demand in Europe amid the global financial crisis, an official said Wednesday.
AP - The Bank of England warned Wednesday that the economy will shrink significantly next year and inflation will tumble from current highs, stoking expectations that the central bank will cut interest rates further.
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