FTSE closes down (AFP)
AFP - London shares closed in the red on Thursday as oil and commodity prices slid due to the global economic slowdown.
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Comments Off EU, US in deal with China over WTO media restrictions dispute (AFP)
AFP - The European Union and United States said Thursday they had reached a deal with China over a WTO dispute on Beijing's restrictions on foreign financial news providers working in the country.
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Comments Off US, European markets steady after latest sell-off (AP)
AP - European and U.S. stock markets were little changed Thursday, taking a breather after hefty losses this week despite further woeful U.S. jobs news. Asian shares closely sharply lower.
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Comments Off Economic group says developed world in recession (AP)
AP - The world's developed economies, hard hit by the financial crisis, have slid into recession and will shrink further in 2009, a top international organization said Thursday.
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Comments Off Romanian companies to lay off 800 workers (AP)
AP - Romanian companies in the chemical and fertilizer industry said Thursday they will lay off some 800 workers as their businesses feel the effects of the global economic crisis.
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