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…

FTSE slides to three-year low (AFP)

16.09.2008 17:55 Business

LONDON (AFP) - London's FTSE 100 index of leading shares on Tuesday tumbled below 5,000 points for the first time in more than three years as global financial markets continued to suffer from the collapse of Lehman Brothers.

The FTSE slumped 3.98 percent to 4,997.20 points -- a level last reached on June 9, 2005.

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