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FTSE 100 ends the week on a high
(AFP)
AFP - The leading stock exchange ended on a high on Friday recovering from earlier lows that followed news the US jobless rate had climbed to a 26-year high.
German orders up 0.9 percent in September
(AP)
AP - German industrial orders increased again in September thanks to strong foreign demand, official figures showed Friday, offering another sign that Europe's biggest economy is gaining momentum.
World stocks fall as US jobless rate hits 10.2 pct
(AP)
AP - European stocks fell and Wall Street was expected to drop on the open Friday after data showed the U.S. unemployment rate jumped to 10.2 percent in October, more than expected, as 190,000 jobs were cut.
European stocks mixed ahead of US job figures
(AFP)
AFP - Europe's main stock markets diverged slightly on Friday ahead of the release of crucial US employment figures and as traders assessed more earnings reports.
British Airways posts H1 loss of $346 million
(AP)
AP - British Airways PLC on Friday reported a net loss of 208 million pounds ($346 million) in the six months ending in September as the global economic downturn continued to take its toll on revenues.
World unemployment up despite economic recovery
(AP)
AP - Despite signs of an economic revival gathering pace around the globe, the millions of people laid off during the worst recession in 70 years are unlikely to see relief any time soon as joblessness is still climbing in many of the world's largest economies.
FTSE 100 ends up on US jobs data
(AFP)
AFP - London shares ended higher on Thursday powered by positive US employment data.
European, British central banks leave rates alone
(AP)
AP - The head of the European Central Bank on Thursday hinted it could begin withdrawing some of its crisis measures soon, while the Bank of England pumped more money into the economy in an attempt to get Britain out of recession.
ECB takes first step towards exit, more due in Dec
(Reuters)
Reuters - The European Central Bank took its first step toward unwinding its extraordinary support measures for the euro zone economy on Thursday by signaling one-year loans to banks will not be repeated next year.
Bank of England pumps billions more into economy
(AFP)
AFP - The Bank of England revealed plans on Thursday to pump another 25 billion pounds to boost the recession-hit economy, and held interest rates at a record low.
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