Business in EuropeEuropean Economy Business Blog |
AP - EU leaders on Friday considered a financial reform to-do list with France pushing for a global deal by late March to prevent a repeat of the Wall Street excesses that caused havoc in markets worldwide.
AP - The U.S. dollar was mostly lower against other major currencies in European trading Friday morning. Gold rose.
AFP - European finance ministers have reached a "very high consensus" on a plan for reform of the global finance system, EU Economic Affairs Commissioner Joaquin Almunia said Friday just hours before a European summit in Brussels.
AP - Europe's stock markets opened slightly higher Friday after a resilient performance in Asia overnight but trading was cautious ahead of the closely-watched U.S. jobs report for Friday, which analysts warned could spark a renewed bout of selling.
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.