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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 [...]

NEW YORK (MarketWatch) — Constellation Energy Group (CEG) CEO Mayo A. Shattuck said the company is receiving $1 billion in cash on Monday as part of its upcoming sale to Berkshire Hathaway’s MidAmerican Energy Holdings. In a conference call, Shattuck said the demise of Lehman Brothers led to speculation about his company’s financial health, despite [...]