Archive for the 'Business in Europe' Category

Lehman Brothers creditors meet in London (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

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Bulgaria: Growth slows to 5.6 percent in 3Q (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

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Wall Street in reverse, European markets off highs (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.

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Sarkozy urges U.S., Russian missile freeze (Reuters)

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.

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Car maker Opel seeks help from German govt (AP)

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

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