Archive for the 'Business in Europe' Category

France posts postive GDP in third quarter (AP)

AP - French Finance Minister Christine Lagarde says France's gross domestic product grew by 0.14 percent in the third quarter, avoiding the technical definition of a recession.

AP

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Gloom deepens as G20 leaders head for summit (Reuters)

Reuters - G20 leaders headed to Washington on Friday for a summit aimed at seeking solutions to the world's biggest financial crisis in decades and will be reminded of the deepening economic gloom by a report expected to show the euro zone has slipped into recession.

Reuters

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Wall Street rally too late for most world markets (AP)

AP - A steep rally on Wall Street came too late Thursday to spur most world markets, although Latin American shares benefited from the buying spree in battered U.S. stocks.

AP

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China settles financial info dispute with EU, US, Canada (AFP)

AFP - The European Union, United States and Canada said Thursday they had settled their WTO dispute with China over Beijing's restrictions on foreign financial news providers working in the country.

AFP

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Report: Merkel calls for far-reaching regulation (AP)

AP - German Chancellor Angela Merkel has insisted before a summit of world leaders to address the global financial crisis that there can be "no more blind spots" in international markets.

AP

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