Copyright (c) 2007 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/2171 Business - European Economy en-us Fri, 31 Aug 2007 20:15:43 GMT 5 142 18 http://news.yahoo.com/i/2171 http://us.i1.yimg.com/us.yimg.com/i/us/nws/th/main_142b.gif http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/ft/20070831/bs_ft/fto083120071626451266 ft/20070831/fto083120071626451266 Fri, 31 Aug 2007 20:15:43 GMT FT.com - The FTSE closed at its highest level for three weeks on Friday as investors sought to put a turbulent August behind them. http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070831/wl_afp/turkeypolitics afp/20070831/turkeypolitics Fri, 31 Aug 2007 18:21:56 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070831/wl_afp/turkeypolitics"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070831/capt.sge.pvw72.310807180357.photo00.photo.default-512x481.jpg?x=130&y=122&sig=05VRaru38zjwT4hJYzMNgQ--" align="left" height="122" width="130" alt="Turkish Prime Minister Recep Tayyip Erdogan speaks to parliament in Ankara. Erdogan pledged Friday to draft a new, liberal constitution and focus on reforms to strengthen both the economy and Ankara&#39;s bid to join the European Union.(AFP)" border="0" /></a>AFP - Turkish Prime Minister Recep Tayyip Erdogan pledged Friday to draft a new, liberal constitution and focus on reforms to strengthen both the economy and Ankara&#39;s bid to join the European Union.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070831/wl_afp/turkeypolitics"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070831/capt.sge.pvw72.310807180357.photo00.photo.default-512x481.jpg?x=130&y=122&sig=05VRaru38zjwT4hJYzMNgQ--" align="left" height="122" width="130" alt="photo" title="Turkish Prime Minister Recep Tayyip Erdogan speaks to parliament in Ankara. Erdogan pledged Friday to draft a new, liberal constitution and focus on reforms to strengthen both the economy and Ankara&#39;s bid to join the European Union.(AFP)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/ft/20070831/bs_ft/fto083120070455431162 ft/20070831/fto083120070455431162 Fri, 31 Aug 2007 08:38:50 GMT FT.com - London equities made further progress on Friday, with strength in the resources sector and banks as investors took heart from reports of plans to help troubled subprime mortgage borrowers in the US. http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070830/wl_uk_afp/britianstocks afp/20070830/britianstocks Thu, 30 Aug 2007 16:55:06 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070830/wl_uk_afp/britianstocks"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070830/capt.sge.plc36.300807165152.photo00.photo.default-512x349.jpg?x=130&y=88&sig=ArAYu3Vl6c3Yq6X01IMDIg--" align="left" height="88" width="130" alt="A giant installation on display at the London Stock Exchange. A buoyant energy sector helped the FTSE 100 close up by 79.8 points to close at 6,212.(AFP/File/Ben Stansall)" border="0" /></a>AFP - A buoyant energy sector combined with a minor rally on Wall Street helped the FTSE 100 close in positive territory on Thursday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070830/wl_uk_afp/britianstocks"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070830/capt.sge.plc36.300807165152.photo00.photo.default-512x349.jpg?x=130&y=88&sig=ArAYu3Vl6c3Yq6X01IMDIg--" align="left" height="88" width="130" alt="photo" title="A giant installation on display at the London Stock Exchange. A buoyant energy sector helped the FTSE 100 close up by 79.8 points to close at 6,212.(AFP/File/Ben Stansall)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/ft/20070830/bs_ft/fto083020071025551028 ft/20070830/fto083020071025551028 Thu, 30 Aug 2007 14:05:40 GMT FT.com - The FTSE was trading higher on Thursday afternoon despite a sharply lower open on Wall Street. http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070830/bs_afp/euenergyregulate afp/20070830/euenergyregulate Thu, 30 Aug 2007 11:47:30 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070830/bs_afp/euenergyregulate"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070830/capt.sge.phn16.300807114241.photo00.photo.default-512x341.jpg?x=130&y=86&sig=KDTPxy7kUP24GX3jzp60vQ--" align="left" height="86" width="130" alt="A worker on duty at a gas compressor station. The European Commission is considering restricting access by foreign energy groups, especially from Russia, to EU networks, the Financial Times has said.(AFP/File/Viktor Drachev)" border="0" /></a>AFP - The European Commission is considering restricting access by foreign energy groups, especially from Russia, to EU networks, the Financial Times said Thursday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070830/bs_afp/euenergyregulate"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070830/capt.sge.phn16.300807114241.photo00.photo.default-512x341.jpg?x=130&y=86&sig=KDTPxy7kUP24GX3jzp60vQ--" align="left" height="86" width="130" alt="photo" title="A worker on duty at a gas compressor station. The European Commission is considering restricting access by foreign energy groups, especially from Russia, to EU networks, the Financial Times has said.(AFP/File/Viktor Drachev)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/ft/20070830/bs_ft/fto083020070641541013 ft/20070830/fto083020070641541013 Thu, 30 Aug 2007 10:25:54 GMT FT.com - The FTSE joining a global rally in stocks inspired by a Federal Reserve pledge to protect the economy from turbulence in world credit markets. http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/ft/20070830/bs_ft/fto083020070626391011 ft/20070830/fto083020070626391011 Thu, 30 Aug 2007 10:06:29 GMT FT.com - European equity markets rallied on Thursday after Wall Street bounced strongly following comments from Ben Bernanke, Federal Reserve chief, that raised hopes of US rate cut. http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/ft/20070830/bs_ft/fto083020070411521001 ft/20070830/fto083020070411521001 Thu, 30 Aug 2007 08:01:29 GMT FT.com - London equities were higher on Thursday, joining a global rally inspired by the US Federal Reserve&#39;s pledge to protect the economy from turbulence on world credit markets. http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/nm/20070829/wl_nm/turkey_president_government_dc nm/20070829/turkey_president_government_dc Wed, 29 Aug 2007 20:49:42 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/nm/20070829/wl_nm/turkey_president_government_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070829/2007_08_29t094207_450x351_us_turkey_president_government.jpg?x=130&y=101&sig=cleDpg3WcmCmqQzeVgNpLQ--" align="left" height="101" width="130" alt="Turkey's newly elected President Abdullah Gul is applauded by parliamentarians and Prime Minister Tayyip Erdogan (top, 3rd L) and his cabinet members during Gul's arrival to take the oath of office in the parliament in Ankara, August 28, 2007. (Fatih Saribas/Reuters)" border="0" /></a>Reuters - New Turkish President Abdullah Gul on Wednesday approved a pro-EU cabinet, reflecting Prime Minister Tayyip Erdogan&#39;s determination to push ahead with stalled political and economic reforms needed to join the bloc.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/nm/20070829/wl_nm/turkey_president_government_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070829/2007_08_29t094207_450x351_us_turkey_president_government.jpg?x=130&y=101&sig=cleDpg3WcmCmqQzeVgNpLQ--" align="left" height="101" width="130" alt="photo" title="Turkey's newly elected President Abdullah Gul is applauded by parliamentarians and Prime Minister Tayyip Erdogan (top, 3rd L) and his cabinet members during Gul's arrival to take the oath of office in the parliament in Ankara, August 28, 2007. (Fatih Saribas/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/nm/20070829/bs_nm/economy_credit_dc nm/20070829/economy_credit_dc Wed, 29 Aug 2007 19:34:30 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/nm/20070829/bs_nm/economy_credit_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070830/2007_08_29t093015_450x350_us_economy_credit.jpg?x=130&y=101&sig=TfkIcFQ3SGKGsJzH8UwMkw--" align="left" height="101" width="130" alt="A foreclosed house for sale is pictured in the Green Valley Ranch development in Denver, July 26, 2007. New evidence of damage wrought by the U.S. mortgage sector surfaced in the United States and Europe on Wednesday while banks demanded a record amount of cash at a euro zone money market auction. (Rick Wilking/Reuters)" border="0" /></a>Reuters - New evidence of damage wrought by the U.S. mortgage sector surfaced in the United States and Europe on Wednesday while banks demanded a record amount of cash at a euro zone money market auction.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/nm/20070829/bs_nm/economy_credit_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20070830/2007_08_29t093015_450x350_us_economy_credit.jpg?x=130&y=101&sig=TfkIcFQ3SGKGsJzH8UwMkw--" align="left" height="101" width="130" alt="photo" title="A foreclosed house for sale is pictured in the Green Valley Ranch development in Denver, July 26, 2007. New evidence of damage wrought by the U.S. mortgage sector surfaced in the United States and Europe on Wednesday while banks demanded a record amount of cash at a euro zone money market auction. (Rick Wilking/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/ap/20070829/ap_on_bi_ge/world_markets ap/20070829/world_markets Wed, 29 Aug 2007 17:04:45 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/ap/20070829/ap_on_bi_ge/world_markets"><img src="http://d.yimg.com/us.yimg.com/p/ap/20070829/capt.xkk10408290217.japan_markets_xkk104.jpg?x=130&y=97&sig=sCdQwIL5KtXClCgSU3SkJQ--" align="left" height="97" width="130" alt="A pedestrian passes by an electric stock prices board in Tokyo, Wednesday, Aug. 29, 2007. Japan's benchmark Nikkei 225 stock index plunged 2.52 percent Wednesday morning after the Dow Jones fell 280 points overnight on Wall Street. The Nikkei was 15,876.60 points, down 410,89 points, or 2.52 percent, shortly after the morning session began. (AP Photo/Katsumi Kasahara)" border="0" /></a>AP - European stocks rose Wednesday, shaking off declines on U.S. stock indexes the previous day, as U.S. investors sought bargains.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/ap/20070829/ap_on_bi_ge/world_markets"><img src="http://d.yimg.com/us.yimg.com/p/ap/20070829/capt.xkk10408290217.japan_markets_xkk104.jpg?x=130&y=97&sig=sCdQwIL5KtXClCgSU3SkJQ--" align="left" height="97" width="130" alt="photo" title="A pedestrian passes by an electric stock prices board in Tokyo, Wednesday, Aug. 29, 2007. Japan's benchmark Nikkei 225 stock index plunged 2.52 percent Wednesday morning after the Dow Jones fell 280 points overnight on Wall Street. The Nikkei was 15,876.60 points, down 410,89 points, or 2.52 percent, shortly after the morning session began. (AP Photo/Katsumi Kasahara)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070829/bs_afp/japaneutrade afp/20070829/japaneutrade Wed, 29 Aug 2007 13:24:16 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070829/bs_afp/japaneutrade"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070829/capt.sge.oyu74.290807132322.photo00.photo.default-512x347.jpg?x=130&y=88&sig=SFESk873BMO7mFzC9KCSVQ--" align="left" height="88" width="130" alt="German Chancellor Angela Merkel (L) shakes Japanese Prime Minister Shinzo Abe in Tokyo. Japan and the European Union will launch talks next month to enhance economic cooperation in the first step to a long-shot possibility of a free trade deal, officials have said.(AFP/Shizuo Kambayashi)" border="0" /></a>AFP - Japan and the European Union will launch talks next month to enhance economic cooperation in the first step to a long-shot possibility of a free trade deal, officials said Wednesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070829/bs_afp/japaneutrade"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070829/capt.sge.oyu74.290807132322.photo00.photo.default-512x347.jpg?x=130&y=88&sig=SFESk873BMO7mFzC9KCSVQ--" align="left" height="88" width="130" alt="photo" title="German Chancellor Angela Merkel (L) shakes Japanese Prime Minister Shinzo Abe in Tokyo. Japan and the European Union will launch talks next month to enhance economic cooperation in the first step to a long-shot possibility of a free trade deal, officials have said.(AFP/Shizuo Kambayashi)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/ft/20070829/bs_ft/fto082920070726160873 ft/20070829/fto082920070726160873 Wed, 29 Aug 2007 11:10:28 GMT FT.com - London equities rebounded from losses in morning trading, with financials staging a partial recovery from the sell-off triggered by the heavy losses on Wall Street overnight. http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070829/wl_uk_afp/britainbusinessfinancepay afp/20070829/britainbusinessfinancepay Wed, 29 Aug 2007 10:02:38 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070829/wl_uk_afp/britainbusinessfinancepay"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070829/capt.sge.owu75.290807100234.photo00.photo.default-512x341.jpg?x=130&y=86&sig=9I1Rg0weIT.vBvInuBeBsw--" align="left" height="86" width="130" alt="Bob Diamond, President Barclays PLC speaks during a press conference in New York, January 2007. A survey conducted by The Guardian showed that the directors of the companies that make up the FTSE-100 index of leading firms earned a combined one billion pounds in wages in the last financial year.(AFP/Getty Imagaes/File/Chris McGrath)" border="0" /></a>AFP - The directors of the companies that make up the FTSE-100 index of leading firms earned a combined one billion pounds in wages in the last financial year, a survey conducted by The Guardian and published on Wednesday showed.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070829/wl_uk_afp/britainbusinessfinancepay"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070829/capt.sge.owu75.290807100234.photo00.photo.default-512x341.jpg?x=130&y=86&sig=9I1Rg0weIT.vBvInuBeBsw--" align="left" height="86" width="130" alt="photo" title="Bob Diamond, President Barclays PLC speaks during a press conference in New York, January 2007. A survey conducted by The Guardian showed that the directors of the companies that make up the FTSE-100 index of leading firms earned a combined one billion pounds in wages in the last financial year.(AFP/Getty Imagaes/File/Chris McGrath)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/cpress/20070829/ca_pr_on_bu/germany_economy cpress/20070829/germany_economy Wed, 29 Aug 2007 08:51:00 GMT Canadian Press - BERLIN (AP) - Consumer confidence in Germany, Europe's biggest economy, has fallen amid turbulence on global financial markets, a survey published Wednesday indicated. http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070828/wl_uk_afp/britainstocks afp/20070828/britainstocks Tue, 28 Aug 2007 17:42:50 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070828/wl_uk_afp/britainstocks"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070828/capt.sge.orx95.280807172659.photo00.photo.default-512x360.jpg?x=130&y=91&sig=yT5vnLJvf.hug0R2HancAg--" align="left" height="91" width="130" alt="Two businessmen walk past the London Stock Exchange, June 2007. The FTSE 100 share index finished in negative territory Tuesday mirroring losses across the Atlantic as nervous Wall Street investors cautiously awaited minutes from the Federal Reserve&#39;s meeting on August 7.(AFP/File/Shaun Curry)" border="0" /></a>AFP - The FTSE 100 share index finished in negative territory Tuesday mirroring losses across the Atlantic as nervous Wall Street investors cautiously awaited minutes from the Federal Reserve&#39;s meeting on August 7.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070828/wl_uk_afp/britainstocks"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070828/capt.sge.orx95.280807172659.photo00.photo.default-512x360.jpg?x=130&y=91&sig=yT5vnLJvf.hug0R2HancAg--" align="left" height="91" width="130" alt="photo" title="Two businessmen walk past the London Stock Exchange, June 2007. The FTSE 100 share index finished in negative territory Tuesday mirroring losses across the Atlantic as nervous Wall Street investors cautiously awaited minutes from the Federal Reserve&#39;s meeting on August 7.(AFP/File/Shaun Curry)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070828/bs_afp/stockseurope afp/20070828/stockseurope Tue, 28 Aug 2007 10:41:32 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070828/bs_afp/stockseurope"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070828/capt.sge.osf00.280807175812.photo00.photo.default-512x364.jpg?x=130&y=92&sig=n45tHkNene.z2qxa8xxH_w--" align="left" height="92" width="130" alt="Pedestrians are reflected on a electronic stock price board at the window of a securities&#39; company in Tokyo, 21 August 20007. Global stock markets suffered several sharp losses Tuesday ahead of a fresh reading on the frazzled US housing sector, with markets lower in Europe, the United States and most of Asia.(AFP/File/Toshifumi Kitamura)" border="0" /></a>AFP - Europe&#39;s main stock markets dropped in initial trading on renewed worries about the weak US housing market which also caused Wall Street to fall overnight, dealers said Tuesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/afp/20070828/bs_afp/stockseurope"><img src="http://d.yimg.com/us.yimg.com/p/afp/20070828/capt.sge.osf00.280807175812.photo00.photo.default-512x364.jpg?x=130&y=92&sig=n45tHkNene.z2qxa8xxH_w--" align="left" height="92" width="130" alt="photo" title="Pedestrians are reflected on a electronic stock price board at the window of a securities&#39; company in Tokyo, 21 August 20007. Global stock markets suffered several sharp losses Tuesday ahead of a fresh reading on the frazzled US housing sector, with markets lower in Europe, the United States and most of Asia.(AFP/File/Toshifumi Kitamura)" border="0"/></a></p><br clear="all"/> (AFP)