Business

EXTRA: Economic activity weakens across US, Federal Reserve says
Washington - Economic activity weakened across the United States in September as consumers and businesses became more pessimistic about the economy amid the worsening financial crisis, the US Federal Reserve said Wednesday. The report known as the Be...

Dow Jones index sheds 5 per cent and keeps dropping - Update
New York - US stocks continued dropping through Wednesday, hit by the largest drop of retail sales in three years, growing worry over a US recession and a record federal budget deficit. The three major US indices shed more than 5 per cent each by 184...

G8 leaders seek global crisis summit, trade talks - Summary
Brussels - The leaders of the world's seven richest countries and Russia called Wednesday for a global summit to address the current financial crisis and a revival of world trade talks. While our focus now is on the immediate task of stabilizing mar...

EXTRA: G8 leaders call for global crisis summit
Brussels - The leaders of the world's seven richest countries and Russia called Wednesday for a global summit to address the current financial crisis. While our focus now is on the immediate task of stabilizing markets and restoring confidence, chan...

London Stock Exchange quotations 15 October 2008
FT-100 Index 4,079.59(- 314.62)(-7.16 %) BAT Industries   1,686.00(-31.00)(-1.81 %) BP Amoco         414.25(-32.50)(-7.27 %) Diageo         847.50(-48.50)(-5.41 %) HSBC Holdings    803.50(-55.50)(-6.46 %) Prudential     370.00(-58.75)(- 13.70 %) R.D...

Brown dominates EU summit with call for 'new Bretton Woods' - Summary
Brussels - British Prime Minister Gordon Brown stole the limelight at a European Union summit in Brussels on Wednesday by proposing new rules for global capitalism. Despite his reputation as a eurosceptic, fellow EU leaders listened carefully to the ...

Bernanke cautious about quick economic recovery - Summary
Washington - US Federal Reserve chief Ben Bernanke warned Wednesday that the emergency action taken by the Bush administration in response to the financial crisis is unlikely to produce a swift economic recovery. Stabilization of the financial marke...

Bernanke cautious about quick economic recovery
Washington - US Federal Reserve chief Ben Bernanke warned Wednesday that the emergency action taken by the Bush administration in response to the financial crisis is unlikely to produce a swift economic recovery. Stabilization of the financial marke...

Frankfurt Stock Exchange quotations 15 October 2008
Frankfurt - Frankfurt Stock Exchange closing prices in euros. In brackets the point movement of index/price movement of stocks against previous quotation: DAX4,861.63 (- 337.56) MDAX 5,657.63 (- 394.41) Adidas30.50 (-3.86) Allianz 78.00 (-7.17) BASF2...

International stock market quotations 15 October 2008
Frankfurt - The following index quotations were noted on the world's major stock markets:...

More Business News

Not Again! Jittery Investors Drive Dow to Near-Record Decline
After Monday's rally, some investors look to get out.<img src="http://feedproxy.google.com/~r/AbcNews_Business/~4/o0TAubJXRjA" height="1" width="1"/>

What the Rescue Plan Will (and Won't) Do
Experts say that new plan may encourage lending, but it won't stop a recession.<img src="http://feedproxy.google.com/~r/AbcNews_Business/~4/WtrXmyYAN6o" height="1" width="1"/>

Bernanke: You Can Forget a Quick Recovery
Fed chief: Even if financial markets stabilize, economic recovery won't be quick<img src="http://feedproxy.google.com/~r/AbcNews_Business/~4/GzDT--y4snM" height="1" width="1"/>

Winning Stocks: Where to Buy Back In
In Wall Street's bargain-basement sale, here's what the smart money is doing.<img src="http://feedproxy.google.com/~r/AbcNews_Business/~4/dpMaO8OQSqc" height="1" width="1"/>

Is the Economy Impacting Your College Plans?
Tell ABC News your story.<img src="http://feedproxy.google.com/~r/AbcNews_Business/~4/5MUrR-1tAuk" height="1" width="1"/>

Thanksgiving Airline Ticket Sales?
Why airfare hasn't come down in price yet, but might soon drop.<img src="http://feedproxy.google.com/~r/AbcNews_Business/~4/07XJlYvxbM8" height="1" width="1"/>

Homeowners Sink in 'Underwater' Mortgages
"You have to admit you failed," says a Phoenix woman forced to short-sell home.<img src="http://feedproxy.google.com/~r/AbcNews_Business/~4/TIBx4nbW0Q8" height="1" width="1"/>

Private Biz Best Asset for Fast Action
Gov't officials admit private sector moving more quickly to rebuild New Orleans.<img src="http://feedproxy.google.com/~r/AbcNews_Business/~4/ryui9OnbXwo" height="1" width="1"/>

World Stock Markets Drop After 2-Day Rally
The losses in Europe's follow similar declines in the U.S., most Asian markets.<img src="http://feedproxy.google.com/~r/AbcNews_Business/~4/VswVvyOW4ck" height="1" width="1"/>

Bush Announces $250B Bank Buy In
Bush: Measures "not intended to take over the free market, but to preserve it."<img src="http://feedproxy.google.com/~r/AbcNews_Business/~4/FWUzyB4ZqSg" height="1" width="1"/>