Yahoo! News: Europe News

Asian, European markets fall on gloomy earnings (AP) Posted: 19 Nov 2008 03:54 AM CST AP - Most Asian and European markets slid into the red Wednesday as weak earnings from financial firms, lower commodity prices and concerns about ailing U.S. automakers reinforced pervasive gloom about the global economy.

PM gets poll boost from crisis management (AFP) Posted: 19 Nov 2008 03:42 AM CST AFP - Prime Minister Gordon Brown has narrowed the poll gap on the Conservatives to just three points, a survey showed, the latest sign of a boost from his handling of the financial crisis.

Russia spent $57.5 bln in Sept-Oct to back ruble (AP) Posted: 19 Nov 2008 03:39 AM CST AP - Russia spent $57.5 billion from its foreign currency reserves in September and October to support the declining ruble during the financial crisis, the Central Bank chief revealed Wednesday.

FTSE 100 dips 0.12% (AFP) Posted: 19 Nov 2008 03:39 AM CST AFP - The FTSE 100 index of leading shares eased 0.12 percent to 4,203.71 points when trading began on Wednesday.

Woolworths considers selling retail business (AP) Posted: 19 Nov 2008 03:33 AM CST AP - Woolworths Group PLC's shares fell 13 percent Wednesday after the company confirmed it is considering selling its retail business.

Russia: Bill on presidential terms moves forward (AP) Posted: 19 Nov 2008 02:38 AM CST AP - Russian lawmakers have approved the second reading of a bill extending the presidential term from four to six years.

UK credit agency Experian 1H profit rises 15 pct (AP) Posted: 19 Nov 2008 02:31 AM CST AP - British credit agency Experian PLC said Wednesday its net profit rose 15 percent in the first half on strong growth in Latin America and a successful cost savings program.

Barclays' investors buy entire stock offering (AP) Posted: 19 Nov 2008 02:09 AM CST AP - Barclays PLC said Wednesday that institutional investors had bought all the 500 million pounds ($750 million) of preferred stock offered to them on Tuesday.

Govt. resumes high-level intelligence links with Syria (AFP) Posted: 19 Nov 2008 12:13 AM CST AFP - The government re-established high-level intelligence links with the Syrian authorities as Foreign Secretary David Miliband visited Damascus, the Times said Wednesday citing senior Syrian officials.

German lawmaker apologises for blocking Wikipedia (Reuters) Posted: 18 Nov 2008 11:55 PM CST Reuters - A member of parliament who got a court order blocking online encyclopaedia Wikipedia in Germany for two days because of entries linking him to communist-era security police apologised Tuesday for overreacting.

Doctors transplant windpipe with stem cells (AP) Posted: 18 Nov 2008 06:48 PM CST AP - Doctors have given a woman a new windpipe with tissue grown from her own stem cells, eliminating the need for anti-rejection drugs.

Official: Former French PM ordered to stand trial (AP) Posted: 18 Nov 2008 05:08 PM CST AP - A former French prime minister was ordered Tuesday to stand trial over a political smear campaign against Nicolas Sarkozy before he became France's president, a French judicial official said.

Correction: German-Turkish Trailblazer story (AP) Posted: 18 Nov 2008 04:02 PM CST AP - In a Nov. 14 story about German Green Party politician Cem Ozdemir, The Associated Press incorrectly reported an anecdote that he uses to illustrate a cultural difference between Germans and Turks.

British government wants crackdown on sex trade (AP) Posted: 18 Nov 2008 03:09 PM CST AP - The British government wants to make it illegal to pay for sex and is considering a plan to "name and shame" men who visit prostitutes — a move critics say would turn back the clock to Victorian times.

Italy seize suspected Mafia assets from store boss (AP) Posted: 18 Nov 2008 12:12 PM CST AP - Italian authorities have seized assets worth euro700 million ($885 million) from a supermarket chain owner suspected of letting the Mafia use his businesses to launder money.

Russian Newsweek warned for "insulting" Muslims (AP) Posted: 18 Nov 2008 12:10 PM CST AP - Moscow prosecutors say they have warned the Russian-language edition of the Newsweek magazine for allegedly insulting Muslims.

Renowned international art dealer Jan Krugier dies (AP) Posted: 18 Nov 2008 11:52 AM CST AP - Art dealer Jan Krugier, an Auschwitz survivor who collected the works of Picasso and other renowned artists to help himself move past the horrors of the Nazi era, has died. He was 80.

Opposition to Russian military reforms grows (AP) Posted: 18 Nov 2008 11:46 AM CST AP - The Kremlin is grappling with a growing opposition in the military to the most sweeping overhaul of Russia's armed forces in over a generation.

Spain: judge drops civil war probe (AP) Posted: 18 Nov 2008 11:44 AM CST AP - Spain's most famous judge abandoned a drive for a symbolic indictment of the late Gen. Francisco Franco and his regime, dropping a probe Tuesday into atrocities committed during and after the country's ruinous civil war.

UN unveils new ceiling with price tag that soars (AP) Posted: 18 Nov 2008 11:35 AM CST AP - A $23 million ceiling painting featuring hundreds of dangling icicle shapes that has been criticized for its hefty price tag was unveiled Tuesday at the United Nations.

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