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 rocket in early trade, London up 6% (AFP)

19.09.2008 12:45 Business

LONDON (AFP) - Europe's main stock markets soared early on Friday in the wake of massive gains across Asia and on Wall Street overnight as world governments took action to tackle the global financial crisis.

London's FTSE 100 index of leading shares surged 6.04 percent to 5,176.30 points as banks rebounded sharply.

In Frankfurt the DAX 30 won 4.36 percent to 6,117.60 points and in Paris the CAC 40 index shot up 5.49 percent to 4,175.09 points shortly after the start of trading.

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