La actualidad en español
17/10/2008 - 19:06

UK Today Editoweb 17 october 2008

Irish regulator examining bank loan books - FTSE ends week on positive ground - London FTSE jumps more than 5 percent.

Irish regulator examining bank loan books

Ireland's financial regulator is examining the loan books of six Irish institutions that are expected to sign up to the government's guarantee plan, a spokeswoman said on Friday.

FTSE ends week on positive ground

Blue-chip stocks gained 5.2 percent on Friday as oil shares bounced on recovering crude prices, while pharmaceuticals forged higher as investors bet on upbeat earnings from their Swiss peers next week.

London FTSE jumps more than 5 percent

London's stock market jumped more than five percent on Friday despite investor concerns about a global economic slowdown.

U.S. consumer confidence plummets

U.S. consumer confidence and new-home construction plummeted, in further signs of deepening world financial crisis ahead of a meeting between U.S. President George W. Bush and European leaders.

Spanish budget airline LTE suspends operations

Spanish budget airline LTE announced Friday it had suspended all flights as it was unable to cover operating costs, leaving hundreds of passengers stranded.

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