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…

Leading European markets plunge (AFP)

15.10.2008 20:35 Business

LONDON (AFP) - Leading European stock markets plunged 6.0-7.0 percent at the close of trade Wednesday on mounting fears of recession in Europe and the United States.

The London FTSE 100 index of leading shares shed 7.16 percent to close at 4,079.59 points while in Paris the CAC 40 fell 6.82 percent to 3,381.07 points. The Frankfurt DAXx gave up 6.49 percent at 4,861.63 points.

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