Archive for the ‘European market’ Category

Euro zone inflation dropped further in December (AP)

Tuesday, January 6th, 2009
AP - Inflation in the countries that use the euro currency dropped further in December to 1.6 percent, according to official estimates.
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London shares rise (AFP)

Tuesday, January 6th, 2009
AFP - London's FTSE 100 index of leading shares climbed 0.11 percent to 4,584.90 points at the start of trading on Tuesday, extending their positive beginning to 2009 after major losses suffered last year.
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U.S., Germany mull tax cuts (Reuters)

Tuesday, January 6th, 2009
Reuters - The prospect of new tax cuts in the United States and Germany injected a measure of New Year cheer on Monday, even as automakers wrapped up 2008 as their worst in more than 15 years with yet another month of slumping U.S. sales.
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Germany works on euro50 billion stimulus (AP)

Monday, January 5th, 2009
AP - German Chancellor Angela Merkel's governing coalition agreed Monday to give Europe's biggest economy an extra stimulus of up to euro50 billion ($70 billion) in an effort to cushion it against a deepening recession, senior officials said.
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FTSE-100 index up 17.85 points at 4,579.64 (AP)

Monday, January 5th, 2009
AP - Share prices on the London Stock Exchange were higher at close Monday.
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US dollar mixed in Europe (AP)

Monday, January 5th, 2009
AP - The U.S. dollar was mixed against other major currencies in late European trading Monday. Gold fell.
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FSA to lift short selling ban (AP)

Monday, January 5th, 2009
AP - Britain's financial services regulator said it will lift a ban on the short-selling of shares in scores of financial companies later this month.
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Crystal, china maker Waterford Wedgwood collapses (AP)

Monday, January 5th, 2009
AP - Waterford Wedgwood PLC, the maker of classic china and crystal, filed for bankruptcy protection on Monday after attempts to restructure the struggling business or find a buyer failed.
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European, US markets mixed as caution dominates (AP)

Monday, January 5th, 2009
AP - World stock markets were mixed Monday as investors started the first full trading week of the New Year, relieved that 2008 is behind them but fully aware that the economic picture around the world is grim and will likely remain so for quite some time.
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FTSE shares rise (AFP)

Monday, January 5th, 2009
AFP - Shares in London ended higher on Monday after global markets advanced in the new year despite more gloomy economic news.
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