AP - U.S. stocks fell sharply Friday as investors booked profits from the previous day's hefty rally, pulling European stocks off their highs for the day. Asian stocks rose.
AP
Continue reading about US stocks fall on profit-taking, Europe off highs (AP)
AFP - London shares advanced on Friday led by oil and commodities despite concerns over a looming recession.
AFP
AP - French automaker Renault said Friday it will cut production at five sites after sales in October plunged more than 14 percent from a year earlier amid fallout from the financial crisis.
AP
Continue reading about Renault to cut inventories amid sales plunge (AP)
Reuters - Europe officially fell into recession on Friday and the U.S. economy suffered further blows as world leaders headed to Washington to address the worst financial crisis in 80 years.
Reuters
Continue reading about Europe in recession, U.S. in pain as world leaders meet (Reuters)
AP - There is growing skepticism about whether Britain's Barclays bank made the right decision in raising money from Middle Eastern investors rather than the British government to survive the financial crisis.
AP
Continue reading about Investor group questions Barclays’ Gulf cash deal (AP)
AP - Administrators of the European arm of failed investment bank Lehman Brothers Holdings Inc. said Friday that untangling its financial dealings will be a much bigger and far lengthier task than dealing with the fallout of the collapse of energy company Enron Corp.
AP
Continue reading about Lehman Brothers creditors meet in London (AP)
AP - Bulgaria's rapid economic growth cooled to a 5.6 percent rate in the third quarter compared with a year earlier, down from a 7.1 percent in the second quarter, the statistics service said Friday.
AP
Continue reading about Bulgaria: Growth slows to 5.6 percent in 3Q (AP)
AP - U.S. stocks fell Friday after disappointing retail sales data, while European and Asian stock markets were higher following Wall Street's strong finish from the day before.
AP
Continue reading about Wall Street in reverse, European markets off highs (AP)
Reuters - French President Nicolas Sarkozy said he won Russian backing on Friday for talks on security in Europe next year and urged a freeze in missile deployments by Moscow and the United States until then.
Reuters
Continue reading about Sarkozy urges U.S., Russian missile freeze (Reuters)
AP - Car maker Adam Opel GmbH, a unit of General Motors Corp., said Friday it will seek loan guarantees from German authorities as the financial crisis grips the European auto industry.
AP
Continue reading about Car maker Opel seeks help from German govt (AP)
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