Business in EuropeEuropean Economy Business Blog |
AP - Here are excerpts from an agreed statement issued by the 27 EU leaders after their meeting on Friday in Brussels, Belgium, held ahead of a 20-country summit next week in Washington:
AP - The U.S. dollar was mixed against other major currencies in late European trading Friday. Gold rose.
AP - European Union leaders backed a 100-day deadline by which the world's leading economies should decide urgent global finance reforms, French President Nicolas Sarkozy said Friday.
AP - British Airways PLC on Friday reported a first-half net loss of 49 million pounds ($77 million), as record high oil prices and a global economic slowdown hit the airline's bottom line.
AP - Wall Street and European stock markets rose Friday after two days of losses as stocks seemed excessively beaten down to some and U.S. unemployment data turned out better than the market's worst fears.