Following the trend in Asia, European markets rose modestly on Monday amid hopes of a renewed U.S. auto sector lifeline from the White House and another possible U.S. interest rate cut this week. But the mood is tempered by concerns about possible e...
Following on from Asia, European markets surged on the hope that new stimulus plans will help put the brakes on the economic downturn. British Prime Minister Gordon Brown met with French President Nicolas Sarkozy and European Commission leader Jose...
Persistent fears of a deep economic downturn and deteriorating corporate performance are keeping the markets in Europe in a gloomy mode. A broker is seen under the curve of the German stock index DAX at the stock market in Frankfurt, central Germany...
Continued economic weakness has led to another round of interest rate cuts in Europe, while the number of Americans receiving unemployment benefits has reached a 26-year high. A broker is seen under the curve of the German stock index DAX at the sto...
It is another nervous day on the trading floors in Europe as various European banks dropped interest rates again. The move is designed to address fears that Europe could get caught up in a deep and difficult recession, spanning all of 2009. Presiden...
A European tour group taken hostage by gunmen in southern Egypt 10 days ago has been released. As Derek Kilner reports from VOA's East Africa bureau in Nairobi, the 11 European tourists, along with eight Egyptian drivers and guides, are thought to b...
Major European stock indexes dropped for a second day amid worries about the fallout of the Lehman Brothers investment bank collapse in the United States. For VOA, Tom Rivers in London reports. A man reaches out for a copy of an evening newspaper wi...
European shares extend their rally into a third day Thursday. For VOA, Tom Rivers in London has details. Encouraged by the U.S. Federal Reserve half a percentage point interest rate cut, European markets, as in Asia, have picked up some lost ground...
Taking their lead from Asia, the European markets are kicking off the week in another gloomy mood. Meanwhile, Britain's prime minister has been defending his plans to increase government borrowing in an effort to combat the economic downturn. For VO...
Asian and European leaders meeting in the Chinese capital, Beijing, say current efforts to resolve the global financial crisis are not enough and that further cooperation is needed. Daniel Schearf reports from Beijing. ASEM delegation members during...