Business - European Economy

NANJING, China (AFP) - The head of the European Central Bank said here Sunday that a revaluation of the yuan currency would be "appropriate" after talks with China's Premier Wen Jiabao. Full Story »

NANJING, China (Reuters) - The euro zone does not risk the sort of debt problems plaguing Dubai, senior European Union officials said on Sunday. Full Story »

NANJING, China (AFP) - China's Premier Wen Jiabao kicked off a meeting with top EU finance officials Sunday in talks expected to focus on long-running rancour over the yuan currency's exchange rate. Full Story »

LONDON (AFP) - The FTSE 100 closed higher on Friday, reversing earlier sharp losses driven by a shock debt announcement in Dubai that alarmed markets worldwide. Full Story »

BRUSSELS (AFP) - The head of the European Commission unveiled his new 'cabinet' on Friday, handing France's Michel Barnier responsibility for financial services, despite staunch British opposition. Full Story »

BRUSSELS (AFP) - European business and consumer confidence firmed in November for an eighth month running, an EU survey showed on Friday, although it fell in key recession straggler Britain. Full Story »

RAMBOUILLET, France - French electricity giant EDF will join Russia's Gazprom in supporting the South Stream gas pipeline under the Black Sea, Russian Prime Minister Vladimir Putin said Friday. Full Story »

LONDON (AFP) - Europe's main stock markets dropped by more than one percent in early trading on Friday, building on sharp losses suffered a day earlier caused by worries about the threat of a debt default from Dubai. Full Story »

BRUSSELS (AFP) - Prime Minister Gordon Brown has made it a personal priority to rein in European Union proposals to regulate financial services from Brussels, a source has said. Full Story »

LONDON (AFP) - The London Stock Exchange plunged more than three percent on Thursday after Dubai's shock call to suspend the debt of a key state company fuelled anxiety over heavy public borrowing. Full Story »

LONDON (AFP) - Britain is the last major world power mired in recession, official data showed on Wednesday, but economists forecast a return to growth before the end of 2009 and ahead of next year's general election. Full Story »

NEW YORK (Reuters) - Gold scaled a record high on a weak dollar and global stocks jumped on Monday after better-than-expected U.S. home sales data and rosy economic news in the euro zone bolstered appetite for riskier assets. Full Story »

PARIS (AFP) - The French markets watchdog heard claims Monday that 17 current and former EADS aerospace executives saved themselves millions by exploiting insider knowledge of problems with the A380 superjumbo project. Full Story »

BUCHAREST, Romania - The third-place candidate in Romania's presidential election threw his support Monday behind the Western-backed socialist who faces the centrist president in a runoff seen as key to the country's emergence from political and economic crisis. Full Story »

LONDON - The international economy is still fragile and vulnerable to shocks despite recent improvements in financial markets, the managing director of the International Monetary Fund said Monday. Full Story »

WARSAW (AFP) - The European Union may have inched out of its sharpest recession since the global slump of the 1930s, but green shoots are not emerging uniformly across the 27-nation bloc's eastern member states. Full Story »

BERLIN (AFP) - EU Industry Commissioner Guenter Verheugen has criticised informal financial pledges to General Motors by countries vying to save jobs at factories belonging to the automaker's European unit. Full Story »

ST.PETERSBURG, Russia - Russia's President Dmitry Medvedev on Saturday sharply criticized officials in the ruling Kremlin-backed party for manipulating recent regional votes, saying it must learn to win fairly. Full Story »