Business in EuropeEuropean Economy Business Blog |
AP - British lender Nationwide Building Society said Monday mortgage lending fell 72 percent in the first half of its financial year, as home buyers were deterred by a crashing property market and mortgage rates were boosted by the credit crunch.
Comments Off Reuters - Stock index futures rose on Monday, signaling that Wall Street will extend a global equity rally sparked by news that China planned a multibillion economic stimulus to shore up demand in the world's fourth largest economy.
Comments Off AP - Share prices were higher at midday Monday on the London Stock Exchange.
Comments Off AP - Spain's Banco Santander announced Monday it would raise 7.2 billion euros ($9.2 billion) in a share issue designed to protect it from the international financial turmoil.
Comments Off AP - Latvia's inflation in October decreased to an annual rate of 13.8 percent, the fifth month straight the indicator has fallen as economic growth is hurt by the global financial crisis, the statistics office announced Monday.
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