Business in EuropeEuropean Economy Business Blog |
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.
Comments Off AFP - London shares advanced on Friday led by oil and commodities despite concerns over a looming recession.
Comments Off 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.
Comments Off 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.
Comments Off 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.
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