Dollar slides against euro as German business confidence rises (AFP)
AFP - The dollar fell against the euro, primarily as the European currency benefitted from robust German business confidence figures, traders said.
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FTSE 100 jumps 2.65% in initial trades (AFP)
2008.10.146 minutes ago
LONDON (AFP) - The London stock market rallied 2.65 percent to 4,369.55 points in initial trading on Tuesday as investors continued to cheer global government action aimed at rescuing banks crippled by the credit crunch.
The FTSE 100 index of leading shares had closed up 8.26 percent on Monday as billions were pumped into ailing banks and money markets across the globe.
Regions : Europe
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EU compromises on airlines in carbon-trading scheme (AFP)
AFP - The European Commission has agreed to a compromise proposal over its plans to include the aviation industry in its carbon-trading scheme, the Financial Times reported.
AFP - The European Commission has agreed to a compromise proposal over its plans to include the aviation industry in its carbon-trading scheme, the Financial Times reported.
EU chides ECB critics, urges responsibility (AFP)
AFP - Using the euro or Europe in national political debates is "not very responsible and at times even dangerous," EU Economic and Monetary Affairs Commissioner Joaquin Almunia warned in an interview.
AFP - Using the euro or Europe in national political debates is "not very responsible and at times even dangerous," EU Economic and Monetary Affairs Commissioner Joaquin Almunia warned in an interview.
European stocks untie after Asian, US losses (AFP)
AFP - Europe's main stock markets slid in early trading, as Asian stocks plunged amid the worst-ever drop in Bangkok and following losses by Wall Street overnight.
AFP - Europe's main stock markets slid in early trading, as Asian stocks plunged amid the worst-ever drop in Bangkok and following losses by Wall Street overnight.
British economy powers ahead in third quarter (AFP)
AFP - Britain's economy grew at its fastest annual pace for two years in the third quarter of 2006, official data showed, increasing expectations of another British rate hike soon, analysts said.
AFP - Britain's economy grew at its fastest annual pace for two years in the third quarter of 2006, official data showed, increasing expectations of another British rate hike soon, analysts said.
