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European Markets

1 to 10 of 19 stories over past 30 days    view more

Europe poised to cut rates as global slump deepens

TOKYO/ BEIJING, Dec. 3, 2008 (Reuters) — Central banks in Europe are poised to slash interest rates on Thursday to try to contain a global economic slump that appears to be spreading faster than policy makers in the industrialized countries had anticipated. ...  > full story

Oil falls below $46 near four year lows

SINGAPORE, Dec. 3, 2008 (Reuters) — Oil fell below $46 a barrel to near four-year lows on Thursday, extending four consecutive days of falls as continued demand worries minimized bullish draws in U.S. oil stocks. ...  > full story

Wall Street jumps on Coke and other defensive plays

NEW YORK, Dec. 3, 2008 (Reuters) — Stocks rose for a second day on Wednesday as investors flocked to shares of Coke and other companies that hold up well in recessions following another round of disappointing economic data and corporate outlooks. ...  > full story

Private jobs, services slump show recession toll

NEW YORK, Dec. 3, 2008 (Reuters) — Private employers cut 250,000 jobs in November, an unexpectedly large number and the biggest in seven years, while the service sector, which powers most of the economy, posted its worst slump on record. ...  > full story

World stocks headed toward 6th session of gains

LONDON, Nov. 28, 2008 (Reuters) — Global stocks headed toward a sixth consecutive session of gains on Friday, although European shares were weak, as investors took some comfort from government moves to stimulate a deteriorating world economy. ...  > full story

UBS says finds some U.S. tax fraud cases

LUCERNE, Switzerland, Nov. 27, 2008 (Reuters) — UBS said on Thursday it has discovered a few cases of tax fraud as part of a U.S. inquiry into whether it helped wealthy Americans dodge taxes through accounts in Switzerland. ...  > full story

China calls off EU summit over Dalai Lama visit

BRUSSELS, Nov. 26, 2008 (Reuters) — China, angry at plans for Tibet's spiritual leader the Dalai Lama to visit Europe, has called off a summit with the European Union next Monday which may have forged a joint response to the global economic crisis. ...  > full story

Shares fall as stimulus weighed

LONDON, Nov. 26, 2008 (Reuters) — World stocks struggled on Wednesday, with European and Japanese markets falling, while the low-yielding Japanese yen rose as investors counted the cost of global fiscal stimulus packages to boost flagging economies. ...  > full story

Shares fall in Europe and yen rallies broadly

LONDON, Nov. 25, 2008 (Reuters) — European stocks fell more than 1 percent on Tuesday and the low-yielding yen rose broadly as euphoria surrounding the U.S. rescue of Citigroup gave way to concerns about sharply deteriorating major economies. ...  > full story

Citi rescue plan boosts world shares

LONDON, Nov. 24, 2008 (Reuters) — World stocks rebounded on Monday from last week's 5-1/2 year low after the U.S. government unveiled a $300 billion-plus rescue package for banking giant Citigroup, while oil slipped again on demand concerns. ...  > full story
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