Yahoo! News: Europe News

UK retailer Marks & Spencer to cut 1,230 jobs (AP) Posted: 07 Jan 2009 04:28 AM CST AP - U.K. retailer Marks & Spencer Group PLC said Wednesday it will cut 1,230 jobs and close 27 of its stores in a drive to reduce costs, as Britain's retail sector continues to struggle.

Pietersen resigns as England captain: report (AFP) Posted: 07 Jan 2009 04:20 AM CST AFP - Kevin Pietersen has resigned as England captain after his relationship with team coach Peter Moores broke down, Sky News reported on Wednesday.

Euro nears $1.36 in European trading (AP) Posted: 07 Jan 2009 04:18 AM CST AP - The euro recovered some of its strength against the dollar on Wednesday, rebounding from a three-week low and briefly crossing $1.36 in European trading before slipping back slightly.

Russia stops all gas supply to Europe via Ukraine (AP) Posted: 07 Jan 2009 04:05 AM CST AP - Russia has shut off all its gas supplies to Europe through Ukraine — the latest move in a pricing dispute that has reduced or halted fuel deliveries to a dozen countries during a winter cold snap.

Russian gas deliveries to Europe halted as bitter weather bites (AFP) Posted: 07 Jan 2009 03:50 AM CST AFP - All deliveries of Russian gas through Ukraine were halted on Wednesday, officials from both sides said, amid growing prospects European consumers could suffer from the crisis amid freezing weather.

German jobless rate up to 7.4 percent (AP) Posted: 07 Jan 2009 03:42 AM CST AP - Germany's unemployment rate rose to 7.4 percent in December from 7.1 percent in the previous month as the economic crisis began to bite, according to official figures.

Measles eradication target under doubt (AFP) Posted: 07 Jan 2009 03:33 AM CST AFP - Cases of measles have risen sharply in parts of Europe, including Britain frustrating the global drive to eradicate the disease by 2010, a medical journal reported on Wednesday.

Shares on the backfoot (AFP) Posted: 07 Jan 2009 03:30 AM CST AFP - London shares fell on Wednesday, as investors speculated about deteriorating earnings and the precarious state of the US economy.

Europe bucks world stock rally (Reuters) Posted: 07 Jan 2009 03:23 AM CST Reuters - World stocks worked on their 10th consecutive session of gains on Wednesday, but European shares were breaking their winning streak and the dollar's recent drive upwards faltered.

Marks & Spencer closing stores, cutting up to 1,230 jobs (AFP) Posted: 07 Jan 2009 03:15 AM CST AFP - Marks & Spencer said on Wednesday it would close 27 stores and eliminate as many as 1,230 jobs.

(AP) Posted: 07 Jan 2009 12:57 AM CST AP - Ukraine says Russia has completely stopped natural gas deliveries to Europe.

German mogul kills self over financial meltdown (AP) Posted: 06 Jan 2009 05:31 PM CST AP - German billionaire Adolf Merckle threw himself in front of a train after his business empire, which included interests ranging from VW cars to pharmaceuticals to cement, ran into trouble in the global financial crisis, his family said Tuesday.

Turkey holds suspicious Iran-Venezuela shipment (AP) Posted: 06 Jan 2009 01:30 PM CST AP - Turkey was holding a suspicious shipment bound for Venezuela from Iran because it contained lab equipment capable of producing explosives, a customs official said Tuesday.

Fears mount of Gaza conflict spill over in Europe (AP) Posted: 06 Jan 2009 01:12 PM CST AP - Government officials and Jewish leaders are concerned the conflict in Gaza may spill over into violence in Europe, with attacks reported against Jews and synagogues in France, Sweden and Britain.

Moving out: William and Harry set up own office (AP) Posted: 06 Jan 2009 01:04 PM CST AP - Princes William and Harry said Tuesday they have been granted their own royal household by their grandmother, Queen Elizabeth II.

Benazir Bhutto's daughter honors mom with rap song (AP) Posted: 06 Jan 2009 11:43 AM CST AP - The teenage daughter of slain Pakistani leader Benazir Bhutto has found an unusual way to honor her late mother — by placing a rap song on the video Web site YouTube.

British historian Christopher Hibbert dead at 84 (AP) Posted: 06 Jan 2009 08:38 AM CST AP - British historian Christopher Hibbert, whose popular books covered subjects from the medieval Battle of Agincourt to the American Revolutionary War, has died. He was 84.

Alan Walters, economic aide to UK's Thatcher, dies (AP) Posted: 06 Jan 2009 06:45 AM CST AP - Sir Alan Walters, a top economic adviser to former British Prime Minister Margaret Thatcher, has died at age 82.

Pope: Pollution could destroy world's future (AP) Posted: 06 Jan 2009 04:27 AM CST AP - Pope Benedict XVI is warning that pollution in the world could destroy our present and our future.

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