Page last updated at 08:17 GMT, Monday, 27 October 2008
European markets have opened sharply lower following hefty falls in Asia that saw Japan’s Nikkei index falling 6.36% to its lowest close since 1982.
The FTSE 100 in London was trading down 4.8%, the Cac 40 in Paris fell 5.5% and the Dax in Frankfurt was down [...]
WASHINGTON (AP) — The government will buy an ownership stake in a broad array of American banks for the first time since the Great Depression, Treasury Secretary Henry Paulson said late Friday, announcing the historic step after stock markets jolted still lower around the world despite all efforts to slow the selling stampede.
Separately, the U.S. [...]
By Jan Harvey
LONDON, Oct 6 (Reuters) - Gold recovered on Monday from losses made in Asia overnight, as worries over the outlook for the financial sector after a sharp slide in equity markets boosted interest in gold as a haven from risk.
But gains were limited as the dollar held near a 13-month high against the [...]
Banks lead Europe stocks higher on rival’s report
By Steve Goldstein, MarketWatch
Last Update: 7/21/2008 12:02:00 PM
LONDON (MarketWatch) — Europe stocks advanced on Monday, led by banks after
another profit beat in the U.S. helped sentiment in the hard-hit sector.
Reversing early losses, the pan-European Dow Jones Stoxx 600 index (ST:SXXP) rose
0.6% to 282.36, led by banks after Bank [...]
PARIS (Dow Jones)–Publicis Groupe S.A.’s (PUBGY) shares rose sharply Tuesday
after the Paris-based advertising group reported better-than-expected first
quarter revenue and said it remained confident for the rest of the year.
Publicis, which owns the Saatchi & Saatchi advertising agency and media planning
firm Zenith Optimedia, posted 5.4% growth in organic revenue, which strips out
acquisitions, disposals and currency movements, [...]
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