BREAKING NEWS

2008-09-26

Business

Fortis denies liquidity crisis

Fortis has been strongly denying it has liquidity problems. Worried investors have been dumping the Belgian-Dutch financial services group’s shares

Fortis has been strongly denying it has liquidity problems. Worried investors have been dumping the Belgian-Dutch financial services group’s shares

Business

Fortis denies liquidity crisis

Fortis has been strongly denying it has liquidity problems. Worried investors have been dumping the Belgian-Dutch financial services group’s shares

Fortis has been strongly denying it has liquidity problems. Worried investors have been dumping the Belgian-Dutch financial services group’s shares

Business

HSBC job cuts

Europe’s largest bank HSBC is cutting 1,100 people from its investment banking operation worldwide and 800 of the layoffs will be Europe

Europe’s largest bank HSBC is cutting 1,100 people from its investment banking operation worldwide and 800 of the layoffs will be Europe

Business

French deficit problems loom

France has admitted it will not be able to meet the budget deficit goals it has agreed with the European Union. The government’s newly unveiled

France has admitted it will not be able to meet the budget deficit goals it has agreed with the European Union. The government’s newly unveiled

News

"Rocketman" succeeds in his cross-channel attempt

In true “Boys Own” tradition a former Navy pilot has crossed the English channel strapped to a rocket-propelled jet pack. Yves Rossy made it the 35

In true “Boys Own” tradition a former Navy pilot has crossed the English channel strapped to a rocket-propelled jet pack. Yves Rossy made it the 35

News

Bavarian poll outcome could trouble Berlin

Bavaria goes to the polls on Sunday and for the first time in 46 years, the ruling conservatives look as though they might lose their absolute

Bavaria goes to the polls on Sunday and for the first time in 46 years, the ruling conservatives look as though they might lose their absolute

News

Russia ups nuclear stakes after Georgia threat

Russia is to beef up its nuclear arsenal in the next 12 years, including building its own missile shield in space and commissioning more atomic

Russia is to beef up its nuclear arsenal in the next 12 years, including building its own missile shield in space and commissioning more atomic

News

Far Right gains ground in Austria as election looms

In Austria, where the collapse of the ruling coalition has prompted an early election this weekend, it is feared any hope of political stability

In Austria, where the collapse of the ruling coalition has prompted an early election this weekend, it is feared any hope of political stability

News

Terrorist suspects arrested on a plane in Cologne

German police have foiled what they say may have been a plot to launch a terrorist attack. Two suspected Muslim terrorists were arrested when German

German police have foiled what they say may have been a plot to launch a terrorist attack. Two suspected Muslim terrorists were arrested when German

News

Lufthansa considers Alitalia stake, sources say

German airline Lufthansa is considering a stake in Alitalia, as talks continue over a renewed bailout plan for the failing company. Unions

German airline Lufthansa is considering a stake in Alitalia, as talks continue over a renewed bailout plan for the failing company. Unions

Business

Markets await rescue plan go-ahead

Uncertainty over the US rescue plan continues to hammer share prices. Europe’s major markets lost over one per cent on Friday. London was down more

Uncertainty over the US rescue plan continues to hammer share prices. Europe’s major markets lost over one per cent on Friday. London was down more

News

Bush and Democrats still work on bailout plan

President Bush has said that despite political disagreements over parts of the US government’s financial bailout plan, he is sure it is will be

President Bush has said that despite political disagreements over parts of the US government’s financial bailout plan, he is sure it is will be

News

The debate is ON as Obama awaits McCain

The stage is set, but who will steal the limelight? All day long the question has been: will the first Presidential debate be a one-man show, or a

The stage is set, but who will steal the limelight? All day long the question has been: will the first Presidential debate be a one-man show, or a

Europe

Sorbonne celebrates European language strengths

‘I speak lots of languages – it’s part of life’ was the message purring out of the Sorbonne University in Paris, celebrating European Languages

‘I speak lots of languages – it’s part of life’ was the message purring out of the Sorbonne University in Paris, celebrating European Languages

Culture

Gaultier dresses cast of Snow White

At the Maison de la Danse in Lyon, seamstresses were putting the final touches to the Jean Paul Gaultier-designed costumes for the world premiere of

At the Maison de la Danse in Lyon, seamstresses were putting the final touches to the Jean Paul Gaultier-designed costumes for the world premiere of

News

Belarus walks a tightrope as elections near

The President of the former Soviet state Belarus insists this weekend’s elections will be fair and democratic, despite growing scepticism. Advance

The President of the former Soviet state Belarus insists this weekend’s elections will be fair and democratic, despite growing scepticism. Advance

News

After the seizure: all eyes on bank fall-out

The customers and employees of Washington Mutual, the first savings and loans bank to be closed down by the American government, are today waiting to

The customers and employees of Washington Mutual, the first savings and loans bank to be closed down by the American government, are today waiting to

News

Central banks inject cash into world markets

Central banks across the world have been forced to meet a desperate demand for cash both in their own currencies and the US dollar, as European

Central banks across the world have been forced to meet a desperate demand for cash both in their own currencies and the US dollar, as European

News

McCain accused of blocking talks on bail-out plan

Discussions on the proposed 480 billion euro debt buy up plan will continue today, and throughout the weekend if necessary. The two presidential

Discussions on the proposed 480 billion euro debt buy up plan will continue today, and throughout the weekend if necessary. The two presidential

News

Short reprieve for Alitalia, as unions meet over rescue deal

The fate of Italy’s flagship airline Alitalia hangs in the balance, as unions representing pilots and flight assistants meet to consider a renewed

The fate of Italy’s flagship airline Alitalia hangs in the balance, as unions representing pilots and flight assistants meet to consider a renewed

News

Russia and Venezuela tighten links

The Presidents of Venezuela and Russia have met to further tighten military and economic cooperation, in the wake of Moscow’s war with Georgia which

The Presidents of Venezuela and Russia have met to further tighten military and economic cooperation, in the wake of Moscow’s war with Georgia which

News

Suspected terrorists arrested at Cologne airport

German police have arrested two suspected terrorists on a plane at Cologne airport. Commandos hauled the men off a KLM airliner bound for Amsterdam

German police have arrested two suspected terrorists on a plane at Cologne airport. Commandos hauled the men off a KLM airliner bound for Amsterdam

Culture

A Mouse's Tale wins cartoon prize by whisker

The cream of Europe’s cartoons competed in Germany for the Cartoon d’Or, a 15,000 euro prize for the best animated short film. A Mouse’s Tale by

The cream of Europe’s cartoons competed in Germany for the Cartoon d’Or, a 15,000 euro prize for the best animated short film. A Mouse’s Tale by

News

US and Pakistani forces clash again in Afghanistan

US and Afghan forces have exchanged gunfire on the Afghanistan-Pakistan border. US military officials claim two of their helicopters came under

US and Afghan forces have exchanged gunfire on the Afghanistan-Pakistan border. US military officials claim two of their helicopters came under

News

JPMorgan snaps up Washington Mutual

The US government has made a fresh market intervention, brokering the bail-out of Washington Mutual, America’s largest savings and loan bank, by

The US government has made a fresh market intervention, brokering the bail-out of Washington Mutual, America’s largest savings and loan bank, by

News

Chavez to get Russian nuclear help

Venezuela’s President Hugo Chavez is in Russia again to sign a number of deals and, says Russian Prime Minister Vladimir Putin, the pair are ready to

Venezuela’s President Hugo Chavez is in Russia again to sign a number of deals and, says Russian Prime Minister Vladimir Putin, the pair are ready to