US trade gap shrinks amid softer global economy
The US trade deficit fell 3.5 percent in August to 59.1 billion dollars amid a drop in imports and weaker oil prices, government data showed Friday.
Bush calls for calm amid global stock market panic
Warning that "anxiety can feed anxiety," U.S. President George W. Bush implored Americans to remain confident on Friday and promised to restore stability in the face of a global stock market panic.
Iceland's Straumur says cancels Landsbanki deal
Iceland's Straumur-Burdaras said on Friday it was cancelling a planned purchase of the majority Landsbanki's overseas corporate finance and brokerage business for 380 million euros (306.8 million pounds).
Germany working on UK-style rescue plan
The German government is working on a British-style rescue plan for its financial sector which could involve guarantees of over 100 billion euros (80.5 billion pounds) and a large capital injection, a paper reported.
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The US trade deficit fell 3.5 percent in August to 59.1 billion dollars amid a drop in imports and weaker oil prices, government data showed Friday.
Bush calls for calm amid global stock market panic
Warning that "anxiety can feed anxiety," U.S. President George W. Bush implored Americans to remain confident on Friday and promised to restore stability in the face of a global stock market panic.
Iceland's Straumur says cancels Landsbanki deal
Iceland's Straumur-Burdaras said on Friday it was cancelling a planned purchase of the majority Landsbanki's overseas corporate finance and brokerage business for 380 million euros (306.8 million pounds).
Germany working on UK-style rescue plan
The German government is working on a British-style rescue plan for its financial sector which could involve guarantees of over 100 billion euros (80.5 billion pounds) and a large capital injection, a paper reported.
News from Yahoo News
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