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…

London stock market dives more than 5% (AFP)

15.09.2008 16:25 Business

LONDON (AFP) - London's FTSE 100 index of leading shares plunged 5.25% in midday trade on Monday following the collapse of US investment giant Lehman Brothers.

The FTSE 100 shed 284.30 points to 5,132.40 points as share prices in major banks tumbled between 15 and 27 percent.

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