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Breaking News Fri, 10 Oct 2008
A trader watches computer screens at NYSE Euronext stock exchange in Amsterdam, Netherlands, Friday, Oct. 10, 2008. European stock markets slumped further on Friday following massive losses on Wall Street and Asia on mounting fears that this week's efforts by central banks and governments to break the logjam in credit markets have failed to ease lending rates between banks. At midday London time, the FTSE 100 index of leading British shares was down 328.03, or 7.6 percent, at 3,985.77, below the 4,000 mark earlier for the first time in five years. Germany's DAX was 399.92, or 8.2 percent, at 4,487.08, and France's CAC-40 was 254.03, or 7.4 percent lower at 3,1
Banking   Europe   Finance   Market   Photos  
 Asia Times 
Europe's death by guarantee
| By Chan Akya | Through the latest financial crisis, I warned readers that the costs of banking bailouts in Europe would far outstrip those of the United States. Following from my "quick and dirty" s... (photo: AP / Peter Dejon)
A woman talking a cell phone walks past the Reserve Bank Of Australia in Sydney, Friday, Oct. 10, 2008. The Australian share market plunged more than 5 percent in opening trading after another decline on Wall S
Banking   Economy   Finance   Market   Photos  
 The Australian 
Crisis needs a global solution
| KEVIN Rudd keeps saying that Australian banks are strong, well capitalised and well regulated. And he's absolutely right. They are. It's just that even impeccable logic isn't quite so reassuring whe... (photo: AP / Rick Rycroft)
BMW  The Guardian 
BMW temporarily halts some output amid market slump
MUNICH, Oct 10 (Reuters) - BMW will temporarily halt output at some German plants given the sharp drop in demand in key car markets, the automaker said on Friday, joining the ranks of rivals feeling t... (photo: Public Domain Photo)
Automaker   Business   Germany   Industry   Photos  
 Title: Detroit GM headquarters, General Motors, The Coast Guard Cutter Hollyhock passes in front of downtown Detroit on its way home to Port Huron, Mich., for the first time. Hollyhock is the newest Juniper Class buoy tender and the first to be stationed  The Press Democrat 
GM shares dive by 31%
| GM shares plummeted $2.15, or 31.1 percent, to close at $4.76 after falling as low as $4.65. That low marked the automaker's lowest trade since March 15, 1950, according to the Center for Research i... (photo: USCG /PAC Jeff Hall)
Automaker   Finance   Market   Photos   Security  
Top Stories
GE- General elecric - Lighting Syracuse
GE profit falls 22 pct, hurt by financial arm
| FAIRFIELD, Conn. (AP) - General Electric Co., which makes everything from jet engines to water treatment systems and owns NBC Universal, said Friday its third quarter p... (photo: WN / Aldrin Leyba)
Business   GE   Markets   Photos   Profit  
A pedestrian walks past a screen displaying markets news, with European stock exchange indexes being showed, Friday, Oct. 10, 2008 in a Paris street. European stock markets slumped in early trading Friday following massive sell-offs on Wall Street and Asia as lending rates between banks continue to rise despite this week's efforts by central banks to break the logjam in credit ma The Boston Globe
World stocks fall sharply again
| LONDON—European stock markets slumped further on Friday following massive losses on Wall Street and Asia on mounting fears that this week's efforts by central ban... (photo: AP / Thibault Camus)
Banking   Economy   Finance   Market   Photos  
A broker works at the stock market in Frankfurt, central Germany, Friday, Oct. 10, 2008. The euro fell against the dollar Friday as world markets retreated further on worries that strains in the financial system would persist and growth would suf The Times
Stocks plummet as G7 ministers talk rescue
| World stock prices fell to a five-year low today as investors cut and ran in the face of an increasingly certain global recession. | With G7 finance ministers and centr... (photo: AP / Michael Probst)
Currency   Economy   Finance   Market   Photos  
Meeting of the NATO-Georgia Commission International Herald Tribune
NATO allies reach deal on attacking Taliban drug trade
| : NATO allies reached a deal Friday on a U.S. call for direct attacks on the Afghan drugs trade that the alliance's military commander said was crucial to bringing secu... (photo: NATO)
Afghanistan   Military   Nato   Photos   Taliban  
 ATM; banking; money; currency; wnhires (td1) BBC News
How do you live without a bank account?
With banks teetering on the brink of collapse can one live without a bank account? | "Everybody knows," said Gordon Brown, "that if you don't trust the banks you can't do... (photo: WN/Tara)
Bank   Brown   Economy   Photos   Uk  
Bell ringers in front of the New York Stock Exchange celebrate the initial public offering of RiskMetrics Group on Tuesday, Jan. 29, 2008. Wall Street was mixed in early trading Tuesday as the Federal Reserve opened a two-day meeting expected to result in another interest rate cut. Buffalo News
Scare in auto stocks sinks Wall Street
| NEW YORK - Stocks plunged in the final hour of trading Thursday, sending the Dow Jones industrial average down 679 points - more than 7 percent - to its lowest level in... (photo: AP Photo / Mark Lennihan)
Economy   Financial   Photos   computer   money  
North America Europe
- Canada's trade surplus widens, U.S. deficit narrows
- U.S. trade gap narrows in August on lower oil prices
- US stocks swing sharply in early trading
- U.S. trade gap narrows in August on lower oil prices
** FILE ** Steel coils produced by Nucor Steel are shown in Decatur, Ala., in this June 12, 2004 file photo. The new energy bill requires automakers to sharply boost the fuel economy of cars and trucks, and that means vehicles are sure to become lighter. It's good news for makers of aluminum and carbon fiber, analysts say, while the steel industry is likely to see its piece of the auto-industry pie diminish. (AP Photo/The Decatur Daily, John Godbey)hg3
US crisis, Re dip may take toll on steel imports
more
- Madrid index drops 6 percent in early trading
- European markets sluggish in early trading
- Icelandic crown, money market trade dries up - dealers
- Gates: Target heroin trade in Taliban fight
Pound - Sterling - Money - Forex. (ps1)
Commodity Trading on the International Market
more
Asia Middle East
- India-China trade to touch $100 bn in five years
- NATO ministers agree to fight drug trade in Afghanistan
- Big drop in oil imports pushes August trade deficit lower de
- Big drop in oil imports pushes August trade deficit lower de
Meeting of the NATO-Georgia Commission
NATO allies reach deal on attacking Taliban drug trade
more
- Cyprus becoming new Mauritius for FDI into India
- UAE stock markets rally after an initial hitch
- Free trade deal on the way
- Bush signs N-deal today; India expects 123 clarifications
Dubai City
UAE stock markets rally after an initial hitch
more
South America Africa
- Brazil stocks plunge 10 percent in early trading
- Brazil stocks plunge 10 percent in early trading
- Brazil stocks plunge 10 percent in early trading
- Brazil stocks plunge 10 percent in early trading
 Meeting with President-elect of Bolivia, Mr Evo MORALES . ula1
Morales: Bolivia should not fear US 'blockade'
more
- Kenya's SMEs Seize Trade Fair Opportunities
- Street Trading Thrives in Awka Despite Legislation - NAN
- Unchecked Arms Trade Fuelling Conflict, Poverty
- ZSE Shares Trade Mixed
French novelist Paul-Loup Sulitzer, center, arrives at a Paris courthouse, Monday, Oct. 6, 2008.
France's former elite go on trial over arms trade
more
Australia Caribbean
- Panic selling sends markets into freefall
- Australia trade program Oct. 24
- Trade talks with Phillipines
- Australia eyes further trade relations with Phil
Investors look at the share index at a private stock market gallery in Kuala Lumpur, Malaysia, Friday, Oct. 10, 2008.
Panic selling sends markets into freefall
more
- Crist touts Florida’s $64B in trade with Caribbean, Latin
- FCCA finalizes 15th annual Cruise Conference and Trade Show
- Crist touts Florida's $64B in trade with Caribbean, Lati
- EU defends Economic partnership agreements
European Union
EU defends Economic partnership agreements
more