Global finance crisis overshadows francophone summit (AFP)

AFP - The global finance crisis is to overshadow a summit of some 30 French-speaking nations Friday to Sunday in Quebec City, and Canada-EU trade talks on its sidelines, say organizers. Read more…

European stocks dip at open (AFP)

11.09.2008 12:25 Business

LONDON (AFP) - European stock markets fell slightly at the start of trading on Thursday, with London's FTSE 100 index of leading shares down 0.08 percent at 5,362.10 points.

Frankfurt's DAX 30 lost 0.29 percent to 6,192.61 points and in Paris the CAC 40 shed 0.19 percent to stand at 4,275.17.

Japanese share prices closed down 1.98 percent on fears of more bad news of the US financial sector, dealers said.

US stocks had wobbled higher on Wednesday as investors mulled troubled investment giant Lehman Brothers' news of hefty losses and plans to sell assets to shore up its finances.

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