Business in EuropeEuropean Economy Business Blog |
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.
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.
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.
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.
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.