Business in EuropeEuropean Economy Business Blog |
AP - British Airways PLC on Friday reported a first-half loss of 49 million pounds ($77 million), as chief executive Willie Walsh said record high oil prices and a global economic slowdown meant the period would "be remembered as one of the bleakest on record."
AFP - The stock market here rose by 0.50 percent when the market opened on Friday, and the FTSE 100 index stood at 4,293.69 points.
AP - Spain, pressing for an invitation to next week's global financial crisis summit in Washington, has won French support to attend as an observer, officials said Thursday.
AP - A special election Thursday in Scotland is being seen as a measure of whether Prime Minister Gordon Brown's handling of the global financial crisis has raised his popularity.
AFP - The FTSE 100 Index slumped for a second consecutive day Thursday as investors viewed interest rate cuts by the Bank of England and European Central Bank as a sign the regional economy is in a far worse state than originally thought.