Yahoo! News: Europe News

BP third-quarter profits surge on record high oil prices (AFP) Posted: 28 Oct 2008 04:39 AM CDT AFP - British energy giant BP said on Tuesday that third-quarter net profit soared 83 percent to 8.049 billion dollars (6.434 billion euros) on record high oil prices which have since slumped.

Insurance group Coface downgrades Britain (AFP) Posted: 28 Oct 2008 04:24 AM CDT AFP - The credit insurance group Coface said on Tuesday it had downgraded the ratings of Britain, Ireland and Iceland and had put Italian and French debt under negative watch because of the worsening financial crisis.

EU-Russia talks could resume at summit: Kouchner (Reuters) Posted: 28 Oct 2008 04:19 AM CDT Reuters - The European Union does not rule out resuming talks with Russia on a partnership pact at an EU-Russia summit on November 14, French Foreign Minister Bernard Kouchner said in a newspaper interview on Tuesday.

Iceland's prime minister says recovery cost is $6B (AP) Posted: 28 Oct 2008 04:10 AM CDT AP - Iceland's prime minister says his country needs about $6 billion in loans to recover from the financial meltdown.

Polls continue to improve for Brown (AFP) Posted: 28 Oct 2008 04:00 AM CDT AFP - Voters are warming to Prime Minister Gordon Brown amid the financial chaos, according to a new poll on Tuesday which cuts the lead held by the opposition Conservatives to just eight points.

Four terror suspects to appear in court (AFP) Posted: 28 Oct 2008 04:00 AM CDT AFP - Four men charged under anti-terrorism laws after a series of raids in Birmingham will appear in court on Tuesday.

Brown to hold talks with Sarkozy on financial crisis (AFP) Posted: 28 Oct 2008 03:56 AM CDT AFP - Prime Minister Gordon Brown will on Tuesday hold talks on the financial crisis with French President Nicolas Sarkozy outside Paris, the two leaders' offices said.

Search ongoing for British jetskier missing off Bali (AFP) Posted: 28 Oct 2008 03:39 AM CDT AFP - Authorities on the Indonesian holiday island of Bali continued their search Tuesday for a British jetskier who went missing four days ago, an official said.

Australia's Queensland Gas endorses BG takeover (AFP) Posted: 28 Oct 2008 03:30 AM CDT AFP - Australia's Queensland Gas Co. on Tuesday endorsed a 2.1 billion pounds friendly takeover offer from joint venture partner BG Group.

Stocks gain 0.73% at open (AFP) Posted: 28 Oct 2008 03:15 AM CDT AFP - London's FTSE 100 index of top shares rose 0.73 percent in opening trading on Tuesday, after earlier gains in Asia, but investors remained on edge about a looming global recession, dealers said.

Britons reeling, but few crying into their beer (AP) Posted: 27 Oct 2008 01:34 PM CDT AP - Britons may be reeling from the international financial crisis, but few are crying into their beer.

Decision nears in Italy in case of slain Briton (AP) Posted: 27 Oct 2008 01:07 PM CDT AP - Prosecutors rejected claims Monday that police contaminated evidence used for its case and requested an American woman and her former Italian boyfriend stand trial for killing a British student.

Georgia leader dismissed, Turkey envoy nominated (AP) Posted: 27 Oct 2008 11:09 AM CDT AP - Georgia's president has dismissed his prime minister and recommended the country's ambassador to Turkey as his replacement.

EU, NATO worry about growing tensions in Bosnia (AP) Posted: 27 Oct 2008 11:05 AM CDT AP - NATO and European Union leaders expressed concern Monday over increasing ethnic tensions in Bosnia, where Western troops have maintained the peace since a bloody civil war in the 1990s.

Berlin memorial for WWII Germans who helped Jews (AP) Posted: 27 Oct 2008 10:53 AM CDT AP - The "Silent Heroes" now have a voice.

Man claimed abduction to escape troubled marriage (AP) Posted: 27 Oct 2008 10:44 AM CDT AP - A Swedish man's novel explanation for taking a break from a troubled marriage has landed him in trouble with the German police.

Tourist: Entrepreneurs need access to space center (AP) Posted: 27 Oct 2008 09:30 AM CDT AP - Government space agencies like NASA, Roscosmos and others need to give private entrepreneurs broader access to the orbiting station and encourage private space travel, the latest U.S. space tourist said Monday.

German economist apologizes for Jewish comparison (AP) Posted: 27 Oct 2008 08:15 AM CDT AP - A leading German economist apologized Monday for drawing a much-criticized parallel between corporate managers today and the Nazi-era persecution of Jews that followed the 1929 financial crisis.

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