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FTSE back at session lows as Wall St loses momentum
FT.com - The global sell-off on equities markets continued in London on Friday, as investors pulled more money out of financial stocks amid fresh worry about losses relating to the US subprime lending crisis.
Meeting aims to boost EU-China business
AP - European companies can help China develop brands that are both global and sustainable, and in return create ties that help their own businesses compete in that nation's fast-growing economy, organizers of an China-Europe conference say.
In EU first, GM launches Chevrolet production in Poland
AFP - US giant General Motors on Tuesday launched production of the Aveo economy car at a plant in Poland, marking the first time a vehicle from the Chevrolet brand has been built in the European Union.
London shares retreat
AFP - After gaining ground in opening deals, the London FTSE 100 index was down 0.93 percent at 6,414.80.
EU greenlights expansion of 'no borders' area on December 21
AFP - European Union interior ministers approved Thursday the entry of nine new countries into Europe's passport-free Schengen area on December 21, freeing up travel and giving a boost to economic activity.
MPs call for cost-benefit analysis on Galileo
AFP - The European Union appears to be 'sleepwalking into a vast financial commitment' with its troubled Galileo satellite network, and a rigorous cost-benefit analysis must be produced on the system, a parliamentary committee said Monday.
Fledgling EU countries offer prospects as money pours in
FT.com - Romania and Bulgaria, once repressive regimes, now offer opportunity, claims fund manager Ion Florescu.
France's Sarkozy vows to pursue reform "to the end"
Reuters - President Nicolas Sarkozy,
facing potentially crippling transport strikes over a proposed
overhaul of the pension system, vowed on Tuesday to carry his
economic reform plans through to completion.
Eurozone growth rebounds 0.7 percent in third quarter
AFP - The eurozone economy rebounded in the third quarter despite financial market stress with growth of 0.7 percent over one quarter and 2.6 percent over one year, an official EU estimate said Wednesday.
Euro-zone inflation rises to 2.6 per cent on higher fuel and food costs
Canadian Press - BRUSSELS, Belgium - Annual inflation rose to 2.6 per cent in October for the 13 countries that use the euro due to higher fuel and food prices, the EU statistics agency said Thursday.
Pound falls against dollar again
AFP - The pound held firm against the single European currency and suffered losses against the dollar despite US figures on manufacturing output and capital flows being weaker than expected.
Lifeline to Northern Rock could be extended: report
AFP - Advisors to British finance minister Alistair Darling are preparing a plan to continue an emergency loan to troubled bank Northern Rock despite European Union rules limiting the period it can receive state aid, the Sunday Telegraph newspaper reported.
Europe: Markets that are determined by history
FT.com - When Katzenbach Partners, a fast-growing US strategy consulting firm founded in 1998 by three former McKinsey partners, opens its first European office next year, London will be the location.
Top eurozone officials voice concern about euro's strength
AFP - Two of the eurozone's top economic officials expressed concern Tuesday about the euro's record strength on foreign exchange markets as the single European currency flirted with the 1.50-dollar threshold.
EU and ASEAN call on Myanmar to free detainees
Reuters - The European Union and Southeast
Asian leaders called on Thursday for enhanced economic
cooperation and the release of political detainees in
military-ruled Myanmar, but set no timetables.
Vedanta bid talk adds weight to FTSE rally
FT.com - London equities rallied on Friday, as rumours of Chinese bid interest in Vedanta Resources brought the full weight of the mining sector behind the advance.
Corruption and economy to the fore as Croats vote
Reuters - Croats vote on Sunday in a tightly
contested national election, expecting whoever wins to tackle
corruption, overhaul the economy and take their country into
the European Union.
Croats vote with eye to EU, jobs, graft
Reuters - Croats started voting in a tightly
contested national election on Sunday, expecting their new
leaders to root out corruption, overhaul the economy and take
the country into the European Union in the next four years.
EU, Vietnam launch talks on new bilateral pact
AFP - The European Union and Vietnam launched talks on a wide-ranging cooperation pact Monday during a visit by European Commission President Jose Manuel Barroso to the fast-growing Southeast Asian economy.
Report: Mugabe says he'll attend summit
AP - Zimbabwean President Robert Mugabe said Tuesday he would attend an upcoming Europe-Africa summit, ensuring his standoff with Britain will overshadow efforts to forge stronger political and economic ties between the two continents.
Yawning trade gap tops agenda at EU-China summit
AFP - China and Europe were set to confront each other over long-running economic disputes at an annual summit Wednesday, after EU chiefs said they would urge Beijing to do more to address a vast trade gap.
EU trade chief: India pact would boost economies
Reuters - European Union Trade Commissioner Peter Mandelson said on Thursday that a free trade pact between India and the EU could provide a big boost to both economies, and shore up global demand if the world economy begins to cool.
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